A former president of the Federal Reserve just came out in support for negative interest rates, in effect, forcing consumers and companies to “pay to save.”
Fears are growing that the U.S. is on the cusp of a recession, and that's is why stock buybacks have never been more in focus, with 2016 now on pace to be one of the fastest starts on record for share repurchases.
Who does a recession hurt in a U.S. presidential election? Since the Civil War, all of the eight times the U.S. economy was in a recession, the incumbent party lost.
Businesses are bracing for a new rule backed by the White House that would force them to report to the federal government their worker pay broken down by gender and race in order to close pay gaps in the workplace.
With the hacks into the Ukraine power grid, and the latest cyber attack on Israel’s Electric Authority, attention has returned anew to the vulnerabilities of the U.S. power grid.
In a new report Goldman just called the bottom in oil.
States that collect "significant" severance tax revenues from the oil patch and the coal industry are now scrambling to deal with "revenue shortfalls," the U.S. Dept. of Energy says.
Although many stories have been published about this phenomenom, it’s an urban myth that college grads are stuck in jobs working as Starbucks baristas, says new analysis from the New York Federal Reserve.
Submarined deep in the transportation bill passed by Congress last December was a new power given to the IRS to collect taxes. If you have a federal tax debt of $50,000 or more, the IRS can get your passport cancelled.
The verdict is in, the blue sky crowd has been too much in control in the world of economic forecasting.
Ten months after a major hack into taxpayer information at the IRS, the Treasury Inspector General for Tax Administration says the IRS is still working on bolstering its Internet sign-in procedures.
Officials from countries around the world recently signed off on the most important climate agreement since the Kyoto Protocol was signed in 1997. Wall Street is weighing in, with Goldman Sachs saying that it sees “the deal as a boost to the low carbon economy, now a fast-growing $600 billion-plus market.”
The end run around Congress’s power to legislate is gapping wider. It includes presidential and federal authority exercised not just through executive orders, but a circus mirror of rules, guidance documents, memoranda, bulletins, manuals, circulars, public notices and other agency proclamations.
CBS Corp. chief executive Leslie Moonves recently said he thinks Apple has hit the “hold button” on its much anticipated Apple TV live streaming service, and although Wall Street shops including Goldman Sachs forecast a launch in 2016, consumers may not see the live streaming service next year.
New analysis from the British Council based on British intelligence dossiers and academic research, finds that college degrees in technical areas like engineering create the perfect Islamic terrorist.
Shares in Chipotle Mexican Grill are in a downdraft mode after the restaurant chain was hit with a series of cuts in Wall Street stock price targets and downgrades due to the e. coli outbreak at some of its stores. And now Goldman Sachs is warning its problems are far from over.
The Securities & Exchange Commission’s probe into a major insider trading case connected to the House Ways & Means Committee is being stymied by the committee’s attorneys.
As commodities continue to get pounded, with the majority in a severe downtrend in November, U.S. manufacturing, led by the struggling energy sector, has been pushed into a recession.
Remember the big hue and cry in Congress and in the retail industry for new computer chip credit cards to ward off hackers? While industry studies estimate three in five consumers now have them, major retailers still haven't upgraded to accept them.
Analysts at places like RBC Capital Markets have been warning that chronically low oil prices plunging towards seven-year lows means increasing social chaos in countries on the edge—including those battling ISIS.