After nominating Jerome Powell to head the Federal Reserve, Trump is leaning toward Mohamed El-Erian as his top pick for vice chairman, says the Wall Street Journal.

It may sound cliché, but there is a great deal of wisdom in the old saying about catching criminals: “Follow the money.” That advice applies as much to catching small-time petty thieves as it does to big-time global crime syndicates.



With the city's debt overwhelming it, Hartford, Connecticut, is about to become Detroit.

The business community is showing continued optimism over President Trump's policy of lightening the regulatory burden on American industry.

The fact that the Fed is flying blind in its attempt to unwind its massive increase in the money supply and massive increase in involvement in the markets makes some observers and investors nervous.

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