Economy


White House Advisor Larry Kudlow Says Taxing Rich People Never Works: 'Look At Venezuela'

AMERICA - Published date: .

Trump advisor Kudlow suggested Democratic plans to buoy taxes on the wealthiest Americans could cause troubles akin to t... Read more

Here's Where The Jobs Are — In One Chart

AMERICA - Published date: .

CNBC studied the net changes by industry for January jobs based on the data from the Labor Department. Read more

Fed's James Bullard Says He's Pleased With Rates At These Levels And It's Time To 'wait And See'

AMERICA - Published date: .

Bullard also stresses that if the economy were to show unexpected strength or weakness, the Fed would consider acting "i... Read more

Payrolls Surge By 304,000, Smashing Estimates Despite Government Shutdown

AMERICA - Published date: .

Economists surveyed by Dow Jones had expected payrolls to rise by just 170,000. Stock futures and yields surged in react... Read more

Top GE Analyst Stephen Tusa Not Impressed By Earnings: 'Scratching Our Heads At The Stock Reaction'

AMERICA - Published date: .

General Electric shares soared to their best day in a decade following the Thursday's fourth-quarter earnings report but... Read more

Even Though The Fed Has Put Rate Hikes On Pause, Here's Why Some Still Think The Trend Is Up

AMERICA - Published date: .

While Fed Chairman Jerome Powell made it clear that policymakers are in pause mode for the time being, there's no tellin... Read more

Trump Considering Former Presidential Candidate Herman Cain For The Fed

AMERICA - Published date: .

Former presidential candidate and Godfather's Pizza CEO Herman Cain is under consideration for a Federal Reserve appoint... Read more

Worker Wage Gains Just Broke 3% For The First Time In More Than 10 Years

AMERICA - Published date: .

The Employment Cost Index showed a 3.1 percent gain in the wages and salaries component in the fourth quarter of 2018. Read more

US Weekly Jobless Claims Jump To A Near One-and-a-half Year High

AMERICA - Published date: .

The number of Americans filing applications for unemployment benefits surged to near a 1-1/2-year high last week, which ... Read more

DoubleLine CEO Gundlach Says Fed's Powell Is 'caving To The Stock Market'

AMERICA - Published date: .

Fragile equity markets forced Fed Chair Jerome Powell to pledge that the U.S. central bank will be patient with future i... Read more

Time Is Running Out For The US-China Trade Talks — But American Firms Still Have Big Questions

AMERICA - Published date: .

Despite U.S. Treasury Secretary Steven Mnuchin expressing optimism that "significant progress" can be achieved in this w... Read more

Private Companies Add 213,000 Jobs In January, Easily Topping Expectations: ADP/Moody's Analytics

AMERICA - Published date: .

Private payrolls grew in January at a much faster pace than expected as the labor market shrugged off the longest U.S. g... Read more

Fed Is Likely To Hold Rates Steady As It Navigates Data Blind Spots

AMERICA - Published date: .

In the six weeks since a confident U.S. Federal Reserve raised interest rates in response to a "strong" U.S. economy, co... Read more

US And China Face Deep Trade, IP Differences In Today's High-level Talks

AMERICA - Published date: .

The United States and China launch a critical round of trade talks on Wednesday amid deep differences over Washington's ... Read more

What It Would Cost To Modernize The US Nuclear Arsenal

Hedge Fund - Published date: .

Spending on the nuclear triad will flow into contractor coffers for years to come. Read more

White House Hails China Trade Truce As Skeptics Raise Doubts

Hedge Fund - Published date: .

The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakth... Read more

May Won't Rule Out No-deal Brexit; Bank Says Firms Not Ready

Hedge Fund - Published date: .

The Bank of England warned that such a scenario could plunge the country into its deepest recession in decades. Read more

UK Central Bank Warns Of Deep Recession Without Brexit Deal

Hedge Fund - Published date: .

Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, t... Read more

Singles' Day 2018: China's Annual Shopping Frenzy Shatters Records Again

Hedge Fund - Published date: .

Break from gloomy forecasts about the world's second-largest economy as spending binge eclipses Cyber Monday in the U.S Read more

A Texas-sized Surge In Oil Production Will Hold Prices Down

Hedge Fund - Published date: .

With oil demand growth slowing, it's entirely possible that U.S. production alone will increase more than global demand ... Read more