U.S. Economy

Movers & Shakers: July 29, 2019

Trump blasts Fed again ahead of rate decision, says 'small rate cut is not enough:' All eyes are on the FOMC this week as economists and traders overwhelmingly expect the Fed to cut interest rates by a quarter point for the first time in more than a decade.

Mexico creates 20,000 jobs to curb migration

That migration has angered Trump, who has made border security a priority, and issued economic threats against Mexico and Central America if more is not done to contain the flows.

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.