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...
Economy
White House Says Trump Deregulations Are Raising Household Incomes
With the dead weight of federal regulations being reduced, American consumers and small business...
Next Stop: Dow 30,000 Say Experts
The current economic expansion that underlies Wall Street’s bullishness looks to continue, building off...
Exodus of Residents From Tax Hell States May Intensify
High-tax states are already seeing high earners flee because of those high taxes. A...
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...
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...
Robotics Revolution Rolls On: Amazon Now Using Robots to Pack Shipping Boxes
In busy warehouses serving Seattle, Frankfurt, Milan, Amsterdam, and Manchester, Amazon is taking the...
Despite Trump’s Tariffs, Chinese Trade Official to Visit United States
Despite President Trump's promise of increased tariffs on Chinese imports, China's top trade official...
Fed Fears Rising Corporate Debt, Ignores Rising Federal Debt
For the second time in six months the Federal Reserve has issued a warning...
Labor Department: Job Growth in April Blew Away Expectations at 263,000
The BLS confirmed what the ADP reported on Wednesday: The U.S. economy continues its...
U.S. Job Growth Exceeds Estimates: 275,000 New Jobs Created in April
According to ADP and Moody’s, the economy added 275,000 new jobs in April, once...
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...
Latest Jobs Report Shows Economy at Cruising Altitude and Speed
It has taken two years to return the economy to full throttle, and its...
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...
Negative Impact of USMCA on U.S. Cattle Industry Predicted
When it comes to the beef industry — and the pork industry — USMCA is just...
Repatriation of Overseas Profits Surged in 2018, Bodes Well for Strong 2019
Once again, economic forecasters are embarrassed. The economy is not enjoying a temporary “sugar...
Jumps in Durable-goods Orders & Business Investment Confound Forecasters Again
Two measures of the U.S. economy were reported on Wednesday, both of which exceeded...
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...
Commerce Department: Economy Grew 2.9 Percent Last Year, Likely to Accelerate in 2019
According to the Commerce Department, the U.S. economy grew by 2.9 percent last year....