Fed Chair Powell Walking a Tightrope in Announcing Interest-rate Cut
Federal Reserve Chairman Jerome Powell is walking a tightrope with a new interest rate cut, and he says the Fed “doesn’t know” what...
Markets
Two Latest Jobs Reports Confirm Healthy, Growing U.S. Economy
The two latest jobs reports confirm that the U.S. economy remains on solid footing, growing across every sector and putting additional pressure on...
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Economy Doing Great; Trump Wants It Greater
The economy is doing well, and President Trump wants the Fed to cut interest rates to help the economy grow even more. ...
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Trump Wants Fed to Cut One Full Percentage Point; Powell Likely to Give Him One-quarter
President Donald Trump wants Jerome Powell, the chairman of the Federal Reserve, to cut the Fed Funds rate by a full percentage point...
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Next Stop: Dow 30,000 Say Experts
The current economic expansion that underlies Wall Street’s bullishness looks to continue, building off tax cuts pushed by an obscure economist from the...
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Top Forecaster Predicts Dow at 40,000 in Two Years
Market forecaster Yves Lamoureux is forecasting that the Dow will hit 40,000 within the next two years, but with a caveat: There’s another...
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Angst Over Ford Cutting 7,000 Jobs Isn’t Warranted
No thanks to news outlets such as CNBC, Ford isn't in trouble. It's becoming leaner, meaner and more profitable. ...
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Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning about excessive corporate debt. But nothing was said about...
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Economy Trips Up Forecasters Again, Grows at 3.2 Percent First Quarter
As recently as March, many were saying that the U.S. economy for all intents and purposes had stalled in the first quarter of...
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Retail Chains Closing More Stores as Sales Shift to E-commerce
Retail businesses lead all sectors in job cuts; 41,201 employees have lost jobs through February — 92 percent higher than the 21,484 job...
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United States Soon to Pass Saudi Arabia in Oil Exports
Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi Arabia later this year in exports of oil and...
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U.S. Economy Adds New Jobs for 101 Straight Months
A single new job in the economy has a multiplier or ripple effect. Multiplied by hundreds, thousands, and millions, it's no wonder the...
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Consumer Confidence Up, Food Stamp Use Down in Trump Economy
Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy. ...
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Economy Ignores Naysayers, Continues Remarkable Run
The ADP jobs report issued Wednesday put the lie to the naysayers on Wall Street who continue to predict a slowing economy. ...
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Brookings Says a Quarter of U.S. Jobs To Be Automated Soon
A new Brookings report on increased automation in the workplace should be viewed as a positive for higher standards of living for everyone...
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