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. ...
Markets
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...
Wall Street Worries? Blame the Fed
It's the Fed. It's not durable goods orders or the "death cross" or other...
Stocks Bounce Higher on Better-than-expected Jobs Report
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment...
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...
Bear Market in Stocks Not Likely
Is the recent stock sell-off likely to continue? Is this a precursor to a...
Fed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the...
Amazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company...
Repatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing...
American Business Coalition Launches Anti-Tariff Campaign Against Trump
The trade tariff strategy being implemented by Trump involves patience. For this group of...
U.S. Household Debt at $13.2 Trillion — Cause for Worry?
The latest report from the Federal Reserve Bank of New York triggered all manner...
Trump Tax Reforms Allow Companies to Expand Benefits, Increase Wages
More and more U.S. companies are using benefits from President Trump’s tax reform program...
Huge Second-quarter GDP Gains; Some Say Unsustainable
President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out...
China’s Slowing Economy Comes at Perfect Time for Trump
Trump the negotiator most likely welcomes Chinese difficulties as leverage to get a fairer...
Claims for Unemployment Insurance Drop Again, Near 50-year Low
The U.S. economic juggernaut continues to power ahead, with unemployment reaching new lows. ...
U.S. Economy “Not Running Out of Workers”; Latest Jobs Report Shows More Gains
The jobs report from the Bureau of Labor Statistics (BLS) released on Friday showed...
ADP: U.S. Economy Added 177,000 Jobs in June; May’s Numbers Revised Upward to 189,000
The U.S. economy continues to hum along, according a report by the human services...
Help for Motorists Is Coming as Crude-oil Prices Drop Sharply
Tuesday’s sharp drop of two dollars per barrel for crude will, within weeks, push...
Koch Brothers Launch Big-money Campaign Against Trump Tariffs
The Koch brothers are launching a multimillion-dollar campaign to get Congress to rescind President...
More Taxpayers Fleeing Illinois Than Any Other State
Illinois has dropped from the fifth most-populous state in the union to sixth, due...