Washington town where Jeff Bezos, Bill Gates live is having a budget crisis
Even Jeff Bezos and Bill Gates, the two richest people in the world, can’t prevent the town they live in from experiencing a budget crisis.
Student debt elimination 'immoral,' unfair to hardworking taxpayers: Republican lawmaker
Texas lawmaker says the movement favors a minority of advantaged individuals at the expense of others.
Powell, facing Trump pressure, warns about danger of 'short-term' policy interests
Powell’s speech comes on the heels of last week’s Federal Open Market Committee two-day policy-setting meeting.
CFOs think an economic downturn is coming - but they're split on its severity
A whopping 97 percent expect the U.S. economy to cool within the next two years.
Consumer confidence slips in June for the first time in 3 months
The index measures how optimistic or pessimistic consumers are about the state of the economy.
US new-home sales fell 7.8% in May
Lower mortgage rates and a healthy job market have yet to unleash more home-buying.
Ford, GM don’t make the most 'American-made’ car. Here's who does.
Foreign automakers dominate the top 15 most "American-made" cars.
Trump-Xi trade talks at G20: America's biggest weakness is no big secret
If China wanted to shake up the trade war by selling some of their vast accumulation of U.S. Treasuries, it has the power to do so.
These are the 10 best cities in America for single parents
Researchers at Fabric compiled a ranked list of the top cities with at least 350,000 people based on factors including housing and child care costs, the average commute length and the percentage of single parents with a bachelor's degree or higher.
AutoNation embarks on hiring spree amid technician shortage
Industry experts have referred to the labor shortage as a “crisis.”
Dallas Fed president: Too early to tell whether rate cut will be warranted
The Dallas Fed leader suggested that any move toward lower interest rates would require the central bank to lean more heavily on stronger regulation to guard against potential excesses from building in the economy, particularly with respect to fueling more leverage in the corporate sector.
George Soros among billionaires asking for wealth tax
The group penned an open letter to 2020 presidential candidates.
Trump: I never threatened to demote Fed Chair Powell
Trump added that he believes Powell, who he appointed to lead the Fed more than a year ago, raised interest rates too quickly and disapproved of his monetary policy decisions.
San Diego homelessness level drops on costly clean-up effort, mayor says
San Diego has spent tens of millions to reduce homelessness-- Mayor Kevin Faulconer said "it's money well spent."
President Trump's toughest challenger in 2020 is himself
Famed pollster Mark Penn says for President Trump to win reelection, he needs voters to focus on the positives of the economy, not the negatives of his personality.
Women in college-educated workforce make breakthrough, study finds
Women are expected to make up a majority of the college-educated labor force in the U.S. for the first time this year, according to a new data analysis.
US manufacturers blame trade wars for slip in record-level optimism
Nearly 80 percent of firms have a positive outlook for their business, down from 90 percent last quarter.
AOC-backed economic theory should be 'dismissed at your peril,' expert cautions
Ray Dalio said the adoption of Modern Monetary Theory was "inevitable."
NYC home prices plunge after SALT deductions capped
The high-end Hamptons housing market is also slowing.
Apple warns China tariffs would hurt its contributions to US economy, boost rivals
In a June 17 letter to U.S. Trade Representative Robert Lighthizer, Apple said that further tariffs would affect production of all of its major products.



















