Federal Reserve Chairman Jerome Powell is walking a tightrope with a new interest rate cut, and he says the Fed “doesn’t know” what they will do in the future.
Gig-based tech companies such as Uber and Lyft are resisting the legislation. But who would the real winners and losers be?
The two latest jobs reports confirm that the U.S. economy remains on solid footing, growing across every sector and putting additional pressure on China to come to terms in the tariff war with President Trump.
President Donald Trump wants Jerome Powell, the chairman of the Federal Reserve, to cut the Fed Funds rate by a full percentage point Wednesday afternoon, but he probably won't cut that much — all at once, that is.
Market forecaster Yves Lamoureux is forecasting that the Dow will hit 40,000 within the next two years, but with a caveat: There’s another “event” that will occur first.
No thanks to news outlets such as CNBC, Ford isn't in trouble. It's becoming leaner, meaner and more profitable.
For the second time in six months the Federal Reserve has issued a warning about excessive corporate debt. But nothing was said about excessive government debt.
As recently as March, many were saying that the U.S. economy for all intents and purposes had stalled in the first quarter of 2019, but the U.S. economy grew at an annualized rate of 3.2 percent in the first quarter of 2019.