Was the Fed's December interest rate hike a mistake?
Powell, during a speech in Paris on Tuesday, paved the way for a rate cut in a few weeks.
First-time homebuyers struggle with housing slowdown
Foreign investment in home buying is down, creating fears of a global slowdown in the U.S. housing market.
Pensions in these 10 states have the biggest funding deficits
The disparity between America’s best- and worst-funded state pension plans has never been greater.
NY Fed downplays Williams' speech, interpreted by market as rate cut signal
“It’s better to take preventative measures than to wait for disaster to unfold,” he said.
Trump criticizes Federal Reserve once again, slamming 'faulty thought process'
The president frequently attacks the Fed, and its chairman Jerome Powell, for not keeping interest rates lower.
Stocks close down after Iran seizes UK tanker
Iran seized a British-flagged oil tanker Friday in the Strait of Hormuz amid growing tensions in the region.
Movers & Shakers: July 19, 2019
Stories moving the markets and shaking up the world.
Trump is right, the Fed doesn't know what it's doing and it could get worse: Ron Paul
While he doesn’t control monetary policy, the least the president can do is prevent the Fed from running the private marketplace amuck by disobeying orders from Congress, the very body that created it in the first place.
Minimum wage hike fight continues after Seattle firm files bankruptcy
The minimum wage fight continues as a Seattle firm says high wages were a major reason for filing bankruptcy.
Fed vice chair says US economy is strong, but uncertainty has risen
The number two man at the Fed says the U.S. economy is in a good place despite global economic concerns.
Celebrity chef Rocco DiSpirito: $15 minimum wage is a 'real conundrum' for everyone
While $15 minimum wage is a "big issue" for NYC employers, it's also "close to poverty levels," said Rocco DiSpirito.
Warren's private equity ‘vampires’ plan draws fire from prominent business group
Warren unveiled a plan on Thursday to rein in Wall Street, with a particular focus on the private equity industry.
House Democrats pass Raise the Wage Act to lift minimum wage to $15
The current federal minimum wage is $7.25 per hour.
Novartis expects to pay $700M to settle bribery suit
The drugmaker is facing criticism over the high cost of its latest treatment.
US weekly jobless claims rise as expected
Data for the prior week was revised to show 1,000 fewer applications received than previously reported.
Stocks rise on top Fed official call for quick rate cut
Earnings also influenced Wall Street. UnitedHealth Group on Thursday raised its 2019 profit outlook after beating estimates for financial results through June.
Movers & Shakers: July 18, 2019
Stories moving the markets and shaking up the world.
Want to flee high-tax states like New York? Turns out it's not so easy
New York and California are among the more aggressive states for exiting taxpayers.
Congress can solve the cannabis banking conundrum now
As representatives of the credit union and banking industries, we aren’t focused on the legalization debate. We need a solution now for what to do with the money.
Unnecessary regulation headaches for workers, business worst in these states
Not only are businesses less likely to even start in a state with high licensing costs, but when they do, they stay smaller than they would otherwise be.



















