VW Expanding its Chattanooga Plant Again, Investing a Billion Dollars and Creating Jobs
Volkswagen will be investing a total of more that one billion dollars in its Chattanooga plant to produce electric vehicles, creating new jobs...
Markets
Bull Market Could Run for 10 More Years; Tariffs Are Helping
Investors are predicting a continuation of the present bull market, and U.S. Steel is one example of a company doing better because of...
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Following Great Jobs Report, Fed Chair Says He’ll Be “Patient” Before Raising Rates Further
Fed Chair Jerome Powell said that despite a great jobs report, the Federal Reserve would not try to stall the economy to ward...
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As Economy Slows, Bond Investors Say Fed Won’t Raise Rates
A month ago, bond investors were predicting that the Fed would be raising interest rates several times in 2019. Those same investors are...
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What Sparked Wall Street’s Massive Turnaround Late Thursday?
The spark that ignited the late day rally in stocks on Thursday was most likely a comment about a potential meeting between Trump...
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While Wall Street Wobbles, Consumers and the Economy Continue Humming
While economists and pundits want to blame the stock market’s current volatility on Trump, the shutdown, or something else, the fact is that...
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Tepid Government Slowdown Hasn’t Slowed Shoppers
U.S. retailers notched one of the busiest holiday seasons in years, meeting and in some cases exceeding forecasters’ already rosy outlooks. ...
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U.S. Economy Remains Strong Despite Wall Street Nervousness
At bottom, Wall Street is a gigantic gambling casino where investors and money managers predict the future and then place their bets. Those...
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Stocks Lose Four Percent Last Week, Thanks to the Fed
Wall Street’s selloff last week has been blamed on everything but the real thing. The major indices lost more than four percent, with...
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Tuesday’s Wall Street Selloff Triggered by Trump, Not the Economy
The selloff in stocks on Tuesday gives investors another chance to buy stocks of excellent companies at a discount. ...
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Two Words From the Fed, and Wall Street Jumps More Than Two Percent
Wall Street jumped at the news from Fed Chairman Jerome Powell that interest rates were “just below” a neutral level. ...
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Shoppers Set Records on Black Friday; Cyber Monday Records Likely As Well
While the Conference Board says the economy is slowing, Black Friday sales broke records and Cyber Monday sales are expected to do the...
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Wall Street Worries? Blame the Fed
It's the Fed. It's not durable goods orders or the "death cross" or other reports of an allegedly fading economy that's behind Wall...
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Stocks Bounce Higher on Better-than-expected Jobs Report
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of...
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U.S. Treasury’s Massive Problem: How to Fund Increasing Deficits
The national debt of the United States government jumped by $1.3 trillion during the fiscal year ending September 30, and the U.S. Treasury...
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