Economy
Fed May Not Have Enough Firepower To Prevent A Recession
AMERICA - Published date: .
President Trump has been pressing the Fed to help head off a feared economic slowdown, but it's not clear the central ba... Read more
Fed's Bullard Says Only A 'sustained' Bond Inversion Would Be A Bearish Signal
AMERICA - Published date: .
The inversion of portions of the Treasury bond yield curve this week "would have to be sustained over a period of time" ... Read more
Ray Dalio Says He Wouldn't Rule Out China Weaponizing Its Massive US Treasury Holdings
AMERICA - Published date: .
Other observers have dismissed the suggestion that China would sell U.S. Treasurys to gain an upper hand in the trade wa... Read more
'This Is Not 2008' — Cramer Says A Recession Should Not Be A Foregone Conclusion
AMERICA - Published date: .
CNBC's Jim Cramer says Wall Street should not assume a recession is on the horizon. Read more
US Productivity Grew A Healthy 2.3% Rate In The 2nd Quarter
AMERICA - Published date: .
U.S. productivity increased at a decent pace in the second quarter, a trend that could lead to higher wages if it contin... Read more
New York, Philadelphia Business Indexes Show Solid Gains Despite Recession Fears
AMERICA - Published date: .
The Empire State manufacturing survey posted a 4.8 reading, while the Philadelphia business survey came in at 16.8, both... Read more
US Weekly Jobless Claims Rise More Than Expected
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 214,000 for the most recent week, up slightly f... Read more
'The Game Had To Be Called' — NYT's Thomas Friedman Praises Trump For Taking China Trade Action
AMERICA - Published date: .
The Pulitzer Prize-winning foreign affairs columnist says tariffs were not the way to go, but China's trade practices ne... Read more
US Retail Sales Rose Solidly In July In A Sign Of Consumer Optimism
AMERICA - Published date: .
U.S. consumers spent more at retail stores and restaurants in July. Read more
Stocks Making The Biggest Moves Premarket: Walmart, GE, Tapestry, Alibaba & More
AMERICA - Published date: .
Names on the move ahead of the open. Read more
US Import Prices Unexpectedly Rise, But Trend Remains Weak
AMERICA - Published date: .
U.S. import prices unexpectedly rose in July, but the underlying trend remained weak, pointing to subdued imported infla... Read more
A $1 Trillion US Budget Deficit Is One Big Reason The Fed May Have To Cut Rates
AMERICA - Published date: .
If low inflation, a wobbly economy and tariff jitters weren't enough to push the Federal Reserve to lower interest rates... Read more
Trump Just Blinked, Giving China A Possible Edge In Trade War, Jim Chanos And Others Say
AMERICA - Published date: .
"Tell me why Xi should not continue to wait out The World's Greatest Negotiator, who keeps 'dealing' with himself?" says... Read more
Consumer Price Inflation Rises Amid Increases In Gas And Housing Costs
AMERICA - Published date: .
The rise in inflation will likely do little to change expectations that the Fed will cut rates again next month amid wor... Read more
Morgan Stanley: If The Trade War Escalates, A Recession Will Be Here In 9 Months
AMERICA - Published date: .
Morgan Stanley explains why "we will enter recession in 3 quarters" if the trade war continues to escalate. Read more
US And China Will Not Likely Reach A Trade Deal This Year, Says Former Ambassador
AMERICA - Published date: .
President Donald Trump's latest tariff threat is "a step away from a solution," said Frank Lavin, a former U.S. ambassad... Read more
Fed's Rate Cutting Helps Provide Cover For Trump To Wage The Trade War
AMERICA - Published date: .
The president's move to intensify the trade dispute with China comes with an important backstop. Read more
US Consumer Sentiment Index Hits 98.4 In July, Slightly Topping June Numbers
AMERICA - Published date: .
The University of Michigan's final print on its consumer sentiment index for July came in at 98.4, matching its mid-mont... Read more
Trade Deficit Remains Stubbornly High Amid Escalating Global Tensions
AMERICA - Published date: .
The U.S. deficit with its global trading partners edged lower in June but was bigger than expected. Read more
Payrolls Rise 164,000 As Labor Force Sets A Record High
AMERICA - Published date: .
Payroll growth rose in line with expectations in July and the unemployment rate remained at 3.7%. Read more
