California's tax hike in 2012 spurred mass wealth exodus, new study finds
Proposition 30, approved by voters in 2012, raised personal income taxes over the next seven years for California residents with an annual income over $250,000.
White House's Navarro to Pelosi don’t blow USMCA as clock runs
Only 22 days in the legislative calendar remain to land a USMCA agreement in 2019
US home sales falter in September amid rising prices
Despite historically low borrowing costs, sales have not increased, partially because of a lack of new housing options.
Most banks aren’t prepared for a recession, McKinsey warns
A majority of banks are struggling as a result of “geography, scale, differentiation and business model,” McKinsey said.
Trump on US Economy: 'We have the best everything'
President Trump touts the economy with Sean Hannity.
Life after parole: JPMorgan fights employment barriers for ex-convicts
Closing the gap, in part by deleting a standard question about criminal backgrounds on job applications, is the first initiative undertaken by the new policy center at JPMorgan Chase.
Trump: China would be No. 1 economy if 'Crooked' Hillary won
China 'will never catch us, if we are smart,' Trump said.
Alcoa plans up to $1B in asset sales amid growth fears
The aluminum producer may close facilities over the next few years as it grapples with slowing economic growth.
General Motors strike non-event for US manufacturing
Fears of a manufacturing recession have been on the rise.
Negative interest rates can boost the economy, Fed paper says
A recession could theoretically prompt the Fed to eventually send rates into negative territory.
Fed's Beige Book reports slight economic growth in some regions
Growth varied across all of the Fed’s 12 districts.
Home builder confidence best since February 2018
The housing market rebound continues.
Retail sales falter in September, posting first decline in 7 months
The Commerce Department said on Wednesday that retail sales shrank by 0.3 percent in September.
Warren defends against 'beef with billionaires' as Dems debate soak the rich tax plans
Former Texas lawmaker Beto O’Rourke voiced concern that her policies were “punitive.”
Trade war drags global growth to slowest rate since financial crisis, IMF says
The IMF said its latest World Economic Outlook forecast 2019 GDP growth at 3 percent, down from 3.3 percent from its April outlook.
There’s a 50% chance recession will hit in 2020, economist says
Yale economist Robert Shiller gives his insight on the economy and what he says is a possible recession.
CEO handwrites birthday cards for 12,000 employees, has for decades
Belfor Holdings CEO Sheldon Yellen discusses the importance of kindness.
US farmers need 'bigger,' 'more powerful' tractors after phase one China deal, Trump says
Trump said Caterpillar and John Deere are going to be building the bigger machines.
US consumer sentiment rebounds to three-month high, despite recession fears
Still, most consumers do expect to see a slowdown next year.
China’s economy ‘not even close’ to US, Trump says amid trade discussions
Trump added that the U.S. is doing “very well” in negotiations.