S&P, Nasdaq soar to record highs, unfazed by Mueller testimony
Shares of Facebook jumped in after-market action, as the social media giant reported strong second-quarter results.
Big bank riskiness -- not mergers -- should concern Americans
Without Glass-Steagall, American taxpayers are responsible for losses, as big banks count on the Federal Deposit Insurance Corporation's insurance fund to back up their risky trading activities.
Movers & Shakers: July 24, 2019
Stories moving the markets and shaking up the world.
Will Elizabeth Warren’s proposals sabotage the economy?
Heritage Foundation research fellow Joel Griffith says Elizabeth Warren's proposals will hurt the U.S. economy
US soybean farmers say they feel suppressed by Trump’s tariffs
President Trump tweeted a bullish message regarding U.S. farmers touting the $16 billion in spending intended to offset the tariffs.
Kamala Harris introduces bill to decriminalize marijuana
The bill would expunge prior convictions.
Trump's trade war hurting China more than US, IMF says
In its update to the biannual World Economic Outlook, the Washington-based IMF upgraded its forecast of U.S. growth to 2.6 percent from 2.3 percent.
Trump: US job market has never been better for young Americans
The U.S. unemployment rate is hovering near multi-decade lows.
US can have 'unlimited minimum wage': Larry Kudlow
“We can have an unlimited minimum wage through private sector prosperity,” said Larry Kudlow.
What's the likely impact of a $20 federal minimum wage?
Rep. Rashida Tlaib, D-Mich., recently called for a federal minimum wage hike to $20 per hour.
US existing home sales drop more than expected in June
The weakness in housing comes despite cheaper mortgage rates and the lowest unemployment rate in nearly 50 years.
Ford creating new jobs to meet SUV demand
Ford is hiring more full-time workers to build best-selling SUVs.
Dow pops on renewed China trade talks, strong earnings
Investors also continue to brace for the expected interest rate cut by the Federal Reserve later this month.
Movers & Shakers: July 23, 2019
Stories moving the markets and shaking up the world.
Quarter-point rate cut coming in July: Mohamed El-Erian
Allianz Chief Economic Adviser Mohamed El-Erian explains why the U.S. central bank has its sights on a quarter-point rate cut at the end of July.
White House, congressional Democrats agree on debt ceiling hike
President Trump called the deal "a real compromise" and a victory for "our great military and vets."
Budget agreement could be reached today: Source
A source close to the negotiations tells FOX Business that, for now, the deal would put no restrictions on reprogramming money for spending items – like a border wall.
Equifax, federal officials defend $700M settlement against critics
The firm is not required to plead guilty, but executives could be charged in the future.
Bank of America CEO: US economy can keep growing as trade deals come together
Bank of American CEO Brian Moynihan says four things need to happen to keep the U.S. economy growing.
Trump renews criticism of Federal Reserve, says central bank 'very misguided'
The president added that he believes interest rate costs should have been “much lower."


















