U.S. Economy

Ben Carson, secretary of Housing and Urban Development, says Trump "is not racist" amid a Twitter fight.

Brian Moynihan, Bank of America's CEO, says the company had to make a statement about immigration.

Powell, during a speech in Paris on Tuesday, paved the way for a rate cut in a few weeks.

Foreign investment in home buying is down, creating fears of a global slowdown in the U.S. housing market.

The disparity between America’s best- and worst-funded state pension plans has never been greater.

“It’s better to take preventative measures than to wait for disaster to unfold,” he said. 

The president frequently attacks the Fed, and its chairman Jerome Powell, for not keeping interest rates lower.

While he doesn’t control monetary policy, the least the president can do is prevent the Fed from running the private marketplace amuck by disobeying orders from Congress, the very body that created it in the first place. 

The minimum wage fight continues as a Seattle firm says high wages were a major reason for filing bankruptcy.

The number two man at the Fed says the U.S. economy is in a good place despite global economic concerns.

While $15 minimum wage is a "big issue" for NYC employers, it's also "close to poverty levels," said Rocco DiSpirito.

Warren unveiled a plan on Thursday to rein in Wall Street, with a particular focus on the private equity industry.

The current federal minimum wage is $7.25 per hour.

Data for the prior week was revised to show 1,000 fewer applications received than previously reported.

New York and California are among the more aggressive states for exiting taxpayers.

As representatives of the credit union and banking industries, we aren’t focused on the legalization debate. We need a solution now for what to do with the money.

Not only are businesses less likely to even start in a state with high licensing costs, but when they do, they stay smaller than they would otherwise be.

China’s economic growth has slowed to the lowest level in nearly three decades.

African-American homeownership has fallen to an all-time low.

The report, prepared by the Federal Reserve Bank of St. Louis, was based on information collected through July 8.