Economy
Potential Fed Nominee Judy Shelton Wants A Change In The Way Interest Rates Are Set
AMERICA - Published date: .
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates. Read more
The Fed: Whats Next For The Fed? Wall Street To Sift For Clues In Recap Of Last FOMC Get-together
Markets - Published date: .
Is the Federal Reserve inching closer to cutting U.S. interest rates? And how long will the central bank continue to tol... Read more
Home Sales Fell In April Despite A Big Drop In Mortgage Rates
AMERICA - Published date: .
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 mil... Read more
'Trumponomics' Co-author Art Laffer: Fed Should Heed Markets And Lower Interest Rates
AMERICA - Published date: .
The Fed should take its cues from falling bond yields and lower short-term interest rates, says economist Art Laffer. Read more
Fed Chair Powell: Business Debt Is Rising But Does Not Pose A Threat To The System
AMERICA - Published date: .
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up the... Read more
Atlanta Fed President Bostic Does Not See A Rate Cut This Year Like The Market Is Telegraphing
AMERICA - Published date: .
Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday wit... Read more
Three States Just Set New Lows For Unemployment — That Could Be Good For Trump In 2020
AMERICA - Published date: .
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates. Read more
US Consumer Sentiment Surges To Highest Level In 15 Years
AMERICA - Published date: .
The optimistic consumer outlook was mostly recorded before U.S.-China trade deliberations soured earlier this month. Read more
China Accuses The US Of 'bullying Behavior'
AMERICA - Published date: .
"China always believes that raising tariffs is not a solution to the trade frictions," a Chinese Ministry of Commerce sp... Read more
US Recession Risk Rises As US-China Trade Tensions Heat Up: Reuters Poll
AMERICA - Published date: .
Over the last month the U.S.-China trade war has boosted the risk of a U.S. recession, say a strong majority of economis... Read more
Credit Card Rates Are Now At Their Highest Level In History And May Weigh On The Economy
AMERICA - Published date: .
It costs more than ever to pay with a credit card, which could be a drag on economic growth. Read more
US Housing Starts Rose More Than Expected In April
AMERICA - Published date: .
U.S. housing starts were expected to total 1.205 million in April, up from the 1.139 million starts reported for the pre... Read more
US Weekly Jobless Claims Fall More Than Expected
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 220,000 for the most recent week, down from the... Read more
The Atlanta Fed's GDP Forecast Is Sliding, And Expectations For Rate Cuts Are Surging
AMERICA - Published date: .
The Atlanta Fed's GDPNow tracker is pointing to a 1.1% gain in Q2. Markets expect a Fed rate cut as soon as September. Read more
US Import Prices Rose Slightly In April, Suggesting Inflation Could Remain Tame For A While
AMERICA - Published date: .
U.S. import prices were seen rising 0.7% in April, after climbing 0.6% a month earlier. Read more
Fed's Williams Says Policymakers Need To Better Prepare For A Lower Interest Rate World
AMERICA - Published date: .
Torturously slow recoveries from recessions and low inflation are here to stay unless policymakers can get a better grip... Read more
Trump: We'll Know In Three To Four Weeks If China Trade Talks Are Successful
AMERICA - Published date: .
President Donald Trump offers a projection about how much longer the U.S. and China could be locked in heated trade nego... Read more
Fed's Neel Kashkari Says US Is 'in A Very Strong Position' In Escalating Trade War With China
AMERICA - Published date: .
Stocks are looking at another sharp drop, but Kashkari says broader indicators are showing little signs of stress as the... Read more
JP Morgan: The US-China Tariff Battle Is Just The Start Of A Global Trade Reordering
AMERICA - Published date: .
"I think we have to recognize as equity investors, in particular, this is now the new normal," said James Sullivan, head... Read more
Here's How China May Retaliate To Trump's Tariff Hike
AMERICA - Published date: .
"Really anything could be fair game, and I would be extremely surprised if there were no retaliation," a former U.S. off... Read more
