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.
Trump touts US economy as envy of world leaders while China falters
China’s economic growth has slowed to the lowest level in nearly three decades.
African-American homeownership hasn't recovered since housing crisis because of unfair treatment: HUD chief
African-American homeownership has fallen to an all-time low.
Fed's Beige Book reports positive outlook, despite trade uncertainty
The report, prepared by the Federal Reserve Bank of St. Louis, was based on information collected through July 8.
The hottest US states for foreign real estate investors
Overall foreign investment in U.S. residential real estate declined over the past year.
How the Boeing 737 Max grounding will impact United Airlines into 2020
The carrier has extended the potential for flight cancellations from the Max grounding until Nov. 3.
Fed's Kaplan is open to one interest rate cut this year
Kaplan is not a voting member of this year’s 10-member Federal Open Market Committee.
US housing starts fall; permits hit two-year low
Housing starts decreased 0.9 percent.
Stocks retreat on Trump's gloomy outlook for China trade
Wall Street also noted the less-than-spectacular quarterly results of several major corporations.
Movers & Shakers: July 17, 2019
Stories moving the markets and shaking up the world.
Steel tariffs working but China needs stronger enforcement
Trump is protecting the U.S. steel industry but there is more work to do.
Why homeownership rates among Hispanics, African Americans differ substantially
"While African American homeownership and housing in general seems to be still repressed Hispanics seem to be reaping the benefits of the economy,” the NAHB CEO said.
Powell warns of economic 'uncertainties,' paving way for July rate cut
In prepared remarks delivered at a conference in Paris, Powell laid out the case for easier monetary policy.
US deficit could top $1T in 2019
The national debt passed $22 trillion earlier this year.
Trump backer Thiel 'most scared' by Sen. Elizabeth Warren
The Trump supporter says all but one of the 2020 Democratic hopefuls are unimpressive.
Inside Los Angeles' Skid Row, the epicenter of the homeless crisis
FBN's Kennedy goes inside L.A.'s Skid Row, which is considered to be the epicenter of the homeless crisis.
Who is Tomas Philipson, Trump's new acting top White House economist?
The president nominates the CEA chair, who is then subject to Senate confirmation.


















