President Trump has told Fed Chair Jerome Powell in no uncertain terms to cut interest rates, which the Fed already did back in July. Now, at their annual academic conference in Jackson Hole, Wyoming, central […]
President Trump has long called for cutting foreign aid to countries and causes that are hostile to the U.S. Now it appears that the administration is backing off of its hard line stance. An anonymous […]
The Congressional Budget Office once again is raising its forecast of how much debt the U.S. government will take on in the months and years ahead. The CBO raised its 2019 budget deficit, which encompasses […]
Unemployment and interest rates are near record lows just as home prices have plateaued, which should be fabulous news for the real estate market, but instead of heating up, transactions are cooling off. First-time home […]
The Fed might be tasked with tackling unemployment and inflation in the U.S., but there’s no doubt the central bank keeps an eye on the monetary policy in other countries. After raising rates through 2018, […]
Equity markets took their queue from governments over the weekend and Monday morning as officials from China to Germany gave investors reasons to cheer. German Finance Minister Olaf Scholz said on Sunday suggested the country […]
U.S. whiskey makers are the victims of America’s forgotten trade war in Europe. While business owners and investors hang on every word uttered about the trade spat with China by the President or his Chinese […]
The world is ending! There’s a war! A nuclear disaster! Well, maybe none of these. But how else do you explain lending money to the U.S. government for three decades for less than the annual […]
According to a new Bankrate survey of more than 2,500 American adults online, 42% skipped vacation in the past year because they couldn’t afford it. One in three said that they could less afford vacation […]
Given the forecasting history of Federal Reserve Chiefs, maybe we shouldn’t breathe a collective sigh of relief just yet. In an interview with Fox Business News that will be aired on Friday, former Fed Chair […]
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