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...
Markets
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...
Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning...
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...
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...
United States Soon to Pass Saudi Arabia in Oil Exports
Thanks to fracking and an increase in pipeline capacity, United States will surpass Saudi...
U.S. Economy Adds New Jobs for 101 Straight Months
A single new job in the economy has a multiplier or ripple effect. Multiplied...
Consumer Confidence Up, Food Stamp Use Down in Trump Economy
Consumer sentiment exceeds expectations, and food stamp use is down in the Trump economy....
Economy Ignores Naysayers, Continues Remarkable Run
The ADP jobs report issued Wednesday put the lie to the naysayers on Wall...
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...
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...
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...
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...
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...
What Sparked Wall Street’s Massive Turnaround Late Thursday?
The spark that ignited the late day rally in stocks on Thursday was most...
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,...
Tepid Government Slowdown Hasn’t Slowed Shoppers
U.S. retailers notched one of the busiest holiday seasons in years, meeting and in...
U.S. Economy Remains Strong Despite Wall Street Nervousness
At bottom, Wall Street is a gigantic gambling casino where investors and money managers...
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....
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...