Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis.
Alice Rivlin, who served as the director of the Office of Management and Budget (OMB) during former President Bill Clinton’s administration, died Tuesday at age 88, the Brookings Institution and her family said.
Beijing believed that if the U.S. economy was weakening -- and the U.S.’s resolve alongside it -- the White House would be more willing to cut a deal.
The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.
For those interested in saving, lower interest rates can pose a conundrum.
Stocks extended their losses into a second day on Wall Street Tuesday after President Donald Trump's threat to escalate a trade war moved closer to reality.
Malaysia's central bank has cut interest rates for the first time in nearly three years to help support growth and counter risks from a global slowdown, trade tensions and extended weakness in commodity prices.
“There is nobody better than Jay Powell to be running the Fed,” Buffett said.
Inflation rose in April in the 19-country eurozone, at first glance an encouraging sign for the European Central Bank in its struggle to sustainably raise prices.
Low inflation might suggest the need for lower interest rates, Larry Kudlow told FOX Business.
President Donald Trump says his pick for the Federal Reserve board, conservative commentator Stephen Moore, has withdrawn from contention.
The sleaze campaign over the last few weeks was "just really too tough for me and my family," Moore told FOX Business.
The skeptical response to President Donald Trump's choice of Stephen Moore for the Federal Reserve has thrown a spotlight on the tough task Trump has set for himself: Finding a rare conservative ally who both favors cutting interest rates and is respected enough to win Senate confirmation.
Trump announced his plans to nominate Moore to the board in March.
Bill Gates has referred to modern monetary theory as “some crazy talk.”
The Bank of England is set to provide its first forecasts of what Britain's Brexit delay will mean for the British economy.
Asian stocks were mixed on Thursday after the U.S. Federal Reserve kept its benchmark interest rate intact and steered clear of suggesting that a cut was possible this year.
Stocks moved broadly higher in early trading on Wall Street Wednesday as large U.S. companies continued to surprise investors with solid profits.
U.S. stocks gave up some early gains and ended broadly lower Wednesday after the head of the Federal Reserve appeared to play down the possibility of an interest rate cut this year, something some investors had been hoping for.
___ Many college grads feel their grip on middle class loosening WASHINGTON (AP) — A college degree has long been a ticket to the U.S. middle class.