Bankers to Take Massive Haircut in Proposed Puerto Rican Bankruptcy Settlement
Rich Wall Street investors holding Puerto Rican bonds are going to take a big hit in the settlement of that nation’s bankruptcy. ...
Economy
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...
Good Food+Good Morals=Good Business: Boycotted Chick-fil-A Crows in Triumph
Despite being targeted by activists for destruction, it’s Chick-fil-A that now has the reason...
Trump, Paul Critical of Federal Reserve for Different Reasons
While President Trump is critical of the Federal Reserve's interest-rate hikes, Ron Paul wants...
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...
Tariffs’ Upside: Two Million New Steel Industry Jobs
A nonpartisan trade group representing farmers, ranchers, manufacturers, and various labor groups reported on...
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...
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...
This Thanksgiving and Christmas, Think “Buy American”
The Alliance for American Manufacturing has provided a way for U.S. citizens to put...
Fed Official Suggests Four More Interest Rate Hikes in 2019
Charles Evans of the Fed’s Federal Open Market Committee says interest rates are too...
Latest NFIB Report Confirms Robust Health of U.S. Economy
Despite the volatility on Wall Street, the U.S. economy continues its remarkable record-setting recovery...