GDP slows in second quarter, but stronger than expected at 2.1%
Economists expected the U.S. economy would expand by 1.8 percent, the slowest rate in two years.
Movers & Shakers: July 26, 2019
Stories moving the markets and shaking up the world.
S&P 500, Nasdaq hit record highs as Google, McDonald’s, 2Q GDP lift stocks
Second-quarter growth of 2.1 percent topped expectations of 1.8 percent.
Second-quarter GDP expected to reveal sluggish growth
Forecasters surveyed by Refinitiv estimate that the U.S. economy grew at a 1.8 percent annual rate during the second quarter.
US manufacturers must fill 500K jobs to compete globally: NAM president Jay Timmons
The U.S faces a skilled-labor shortage of more than half a million unfilled jobs in the manufacturing sector, according to the National Association of Manufacturers.
US recession on the horizon? When experts think it could hit
A new survey indicates that could be a negative for U.S. housing demand.
US warship sails through Taiwan Strait amid China tensions
A U.S.-China deal doesn't need to address Huawei, according to Eurasia Group President Ian Bremmer.
Price of the college admission scam
With the hopes of securing his son’s spot at USC, Bizzack allegedly donated $200,000 to a fake charity run by admissions center associate Rick Singer and sent a separate donation check in the sum of $50,000 to the school’s sports center as a recruit for the USC volleyball team. Bizzack’s son started at USC in the fall of 2018.
Here's how much New York taxpayers fleeing to Florida can save
Tens of thousands of dollars could be at stake for wealthier residents.
Fox News Poll: Trump approval up, voter ratings on economy best in decades
Approval of the job Trump is doing on the economy stands at 52 percent, just one point off his high of 53 percent last summer.
Oldest baby boomers remain in workforce at highest rate in decades
A large proportion of older baby boomers are either working or looking for work, new research shows.
What happens if the government cancels all student loan debt?
Both candidates said tax hikes – either on the wealthy, in Warren’s case, or Wall Street, in Sanders’, – would pay for the cost of eliminating debt, $1.4 trillion of which belongs to the federal government.
How severe weather, tourist deaths have affected summer travel
Cape Cod was hit hard on Tuesday with a regionally uncharacteristic tornado, leaving tens of thousands without power.
Berkeley natural gas ban will hit apartment dwellers in pocketbooks: Bay Area developer
Berkeley, California’s natural gas ban will add to the cost of living in the Bay area.
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.
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.


















