Economy
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. The major indices lost more than four percent, with...
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 excellent companies at a discount. ...
Read moreTariffs’ Upside: Two Million New Steel Industry Jobs
A nonpartisan trade group representing farmers, ranchers, manufacturers, and various labor groups reported on Tuesday that, according to its economic model, Trump’s tariffs...
Read moreTwo 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. ...
Read moreShoppers 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 and Cyber Monday sales are expected to do the...
Read moreWall Street Worries? Blame the Fed
It's the Fed. It's not durable goods orders or the "death cross" or other reports of an allegedly fading economy that's behind Wall...
Read moreThis Thanksgiving and Christmas, Think “Buy American”
The Alliance for American Manufacturing has provided a way for U.S. citizens to put their dollars into American companies this Christmas season. ...
Read moreFed Official Suggests Four More Interest Rate Hikes in 2019
Charles Evans of the Fed’s Federal Open Market Committee says interest rates are too low and need to go higher. ...
Read moreLatest 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 from the Great Recession and the Obama administration. ...
Read moreStocks Bounce Higher on Better-than-expected Jobs Report
Stocks bounced higher on Wednesday following Tuesday’s relief rally, responding to another positive employment report from ADP/Moody’s: The economy notched a gain of...
Read moreU.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 fiscal year ending September 30, and the U.S. Treasury...
Read moreBear Market in Stocks Not Likely
Is the recent stock sell-off likely to continue? Is this a precursor to a decline in the economy? Not according to managers of...
Read moreFed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the Federal Reserve. ...
Read moreAmazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company specializing in shipping goods, in 2012, and it transformed,...
Read moreRepatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing those billions home to be reinvested here. ...
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