JPMorgan's Jamie Dimon: Economy ‘not that bad’ as bank preps for 3 rate cuts in 2019
Higher interest rates could undermine earnings at JPMorgan Chase.
Goldman Sachs hikes dividend despite trading weakness
Goldman Sachs 2Q results beat on both the top and bottom lines.
Wall Street slips after Trump casts doubt on quick China trade deal
Crude oil prices tumbled nearly 3 percent or some $2 to $57.89 per barrel after Trump said progress was being made with Iran, indicating tensions in the Mideast may be easing.
Movers & Shakers: July 16, 2019
Stories moving the markets and shaking up the world.
AOC, Warren's tax-the-rich plans cheered by NBA star Andre Iguodala
Iguodala joins list of rich people who support paying more in taxes.
Boeing poised to lose key title to Airbus
Boeing trails Airbus by 150 deliveries through June.
Kudlow rips doom and gloom critics: US economy experiencing 'strong prosperity boom'
Don’t always believe what you read.
Wall Street closes at fresh records for second-straight day
Citigroup reported results on Monday, while JPMorgan Chase and Wells Fargo follow on Tuesday.
Movers & Shakers: July 15, 2019
Stories moving the markets and shaking up the world.
China's economy growth cools further amid US tariff war
The world's second-largest economy grew 6.2 percent, but was lower than a year ago.
Tropical Storm Barry cuts 73% of US offshore oil production, federal agency says
The storm also cut nearly 62 percent of natural gas production in the Gulf region, according to the BSEE.
Trump: USMCA will stop mass exodus of US manufacturers
The president said the new trade deal will close loopholes and incentivize companies and workers to stay in the U.S.
Kanye West building Star Wars inspired low-income housing prototypes
California is battling a burgeoning homelessness crisis.
The Fed is poised to cut interest rates - but how much will they drop?
Although Wall Street was already pricing in a 100 percent chance of easier monetary policy, the news still sent stocks soaring.
Mnuchin warns Pelosi debt ceiling could be hit by September
Mnuchin, along with other members of President Trump's cabinet, met with congressional leaders on Capitol Hill this week to discuss the spending cap and debt ceiling.
Restricting H-1B visas likely cost US more than 1M new jobs in 2018
High-skilled immigration is one of our best weapons to keep the American economy strong and ensure we maintain our economy’s superiority over countries like China.
US producer prices rise slightly; cost of goods declines
Producer price index for final demand edged up 0.1 percent last month.
China imports from US plunge 31% in June amid tariff war
The impact on trade has been seen ever since President Trump started hiking tariffs last year on goods from China in a fight over Beijing's technology ambitions.
Dow, S&P 500, Nasdaq post historic record setting week
Investors continue to remain optimistic that the Fed will cut rates after Chairman Jerome Powell's testimony on Capitol Hill this week.
Movers & Shakers: July 12, 2019
Stories moving the markets and shaking up the world.



















