Trump: I never threatened to demote Fed Chair Powell
Trump added that he believes Powell, who he appointed to lead the Fed more than a year ago, raised interest rates too quickly and disapproved of his monetary policy decisions.
San Diego homelessness level drops on costly clean-up effort, mayor says
San Diego has spent tens of millions to reduce homelessness-- Mayor Kevin Faulconer said "it's money well spent."
President Trump's toughest challenger in 2020 is himself
Famed pollster Mark Penn says for President Trump to win reelection, he needs voters to focus on the positives of the economy, not the negatives of his personality.
Women in college-educated workforce make breakthrough, study finds
Women are expected to make up a majority of the college-educated labor force in the U.S. for the first time this year, according to a new data analysis.
US manufacturers blame trade wars for slip in record-level optimism
Nearly 80 percent of firms have a positive outlook for their business, down from 90 percent last quarter.
AOC-backed economic theory should be 'dismissed at your peril,' expert cautions
Ray Dalio said the adoption of Modern Monetary Theory was "inevitable."
NYC home prices plunge after SALT deductions capped
The high-end Hamptons housing market is also slowing.
Apple warns China tariffs would hurt its contributions to US economy, boost rivals
In a June 17 letter to U.S. Trade Representative Robert Lighthizer, Apple said that further tariffs would affect production of all of its major products.
Millionaire population expected to rise fastest in this region over the next 5 years
Global wealth increased by the slowest rate in five years during 2018, but a new analysis predicts it will pick up again slightly over the next five years.
Will the Fed lower interest rates in July? Here's what traders think
Traders think a rate cut could happen as early as July.
Median age in US rises to 38: How it may impact health care, entitlements
According to new statistics from the U.S. Census Bureau, half of America’s population is age 38.2 and older.
New York, California high-tax state exodus just beginning, expert warns
The Treasury Department officially squashed a key workaround last week.
UK central bank holds rates amid Brexit, trade uncertainty
The Bank of England is expected to keep interest rates on hold Thursday but indicate a possible increase later this year despite uncertainty over Brexit.
Asian shares gain, Shanghai up 2.6%, on Fed rate cut talk
U.S. stocks moved sideways in early trading Wednesday on Wall Street ahead of a highly anticipated Federal Reserve statement on interest rates.
Construction data shows US contractors 'highly confident' in 12 month market outlook
A new study found the majority of contractors in the U.S. have a positive outlook for the year ahead -- and that could translate to overall economic growth.
Amid urgent climate warnings, EPA gives coal a reprieve
The Trump administration is close to completing one of its biggest rollbacks of environmental rules.
White House offers budget freeze if Dems don't agree to deal
The Democratic-controlled House has passed a $1 trillion spending bill that amounts to an opening bid in a guns vs. butter fight with the Trump administration.
Mexico ratifies USMCA trade deal with US, Canada
Mexico’s Senate took the lead on Wednesday by ratifying a trade deal with the U.S. and Canada by a large margin.
Trump honors economist who advised him on lowering taxes
President Donald Trump has awarded the Presidential Medal of Freedom to economist Arthur Laffer, whose theories on tax cuts have guided Republican policy since the 1980s.
Fed leaves its key rate unchanged but hints of future cuts
The Federal Reserve seems poised to pivot from keeping interest rates steady to holding out the option of cutting rates if it were to decide that the economic expansion needs support.


















