Trump Signs EO Cancelling Student Loan Debt for Disabled Veterans
"It's gone forever," Trump said of the debt to a raucous crowd of more than 2,500 veterans Wednesday.
Yield Curve Inverts Again After Fed Presidents Waver on Rate Cut
Traders are still pricing in a 90% probability of a 25-basis point rate cut in September.
Daily Stock Market Update — Thursday, Aug. 22
The S&P 500 fell 1 point to 2,922; Dow rose 49 points to 26,252. The Nasdaq fell 28 points to ...
Fed’s Harker: No More Rate Cuts, Let’s ‘See How Things Play Out’
Kansas City Fed President Esther George thought the interest rate cut was unnecessary as well.
Why Trump Wants to Buy Greenland
Melting polar ice caps have created new North Atlantic shipping lanes around Greenland.
Recession Watch: Manufacturing Contracts for First Time in a Decade
U.S. business activity as a whole also fell to a three-month low, signalling a "renewed slowdown."
Pence Pressing Dems to Pass New Trade Deal With Mexico, Canada
Pence's is promoting the trade pact in two congressional districts that Democrats took from the GOP.
Miller: Volkswagen Wanted to Buy Tesla … Or Did It?
It would likely be cheaper for Volkswagen to develop electric vehicles itself than buy Tesla.
How to Map Out Your Retirement Saving Goals
In some locales, renting is cheaper than owning, especially if it means avoiding costly property taxes.
Trump Admin ‘Seriously’ Looking at Ending Birthright Citizenship Via EO
"Birthright citizenship, where you have a baby on our land ... congratulations, the baby's now a U.S. citizen."
Fed’s Powell May Signal Future Rate Cuts, But Would They Matter?
Few analysts think reducing interest rates further would do much to revive the economy's weaknesses.
Report: ‘Budget Buster’ Deal Sending US Deficit Over $1T Next Year
The CBO's estimate is the first to reflect the hard-won budget and debt deal signed into law this month.
Bonner: Our Fake-Money Bubble Will Burst
In the last three weeks, the federal government has been borrowing at the rate of $4.5 billion per day.
Big Gains by Retailers Lead Stocks Higher
The S&P 500 rose 23 points to 2,924; Dow rose 240 points to 26,202; Nasdaq rose 71 points to 8,020.
Fed Minutes Show Wide Division on July Rate Cut
Some Fed officials argued for no rate cut at all, believing that the economy was beginning to improve.
Miller: It’s Walmart vs. Tesla in a Solar Lawsuit Battle Royale
After purchasing SolarCity in 2016, Tesla has tried to make a lot of hay out of solar energy.
White House Wants to Bypass Congress for Capital Gains Tax Break
House Dems would never agree to it, so Trump would prefer to go around them.
Morgan Stanley: Global Recession Risks ‘High and Rising’
Economist: “If trade tensions escalate further ... we will enter into a global recession in three quarters."
Trump: Fed Holding Economy Back; Chairman Is a ‘Golfer Who Can’t Putt’
Trump has been calling on the Fed to cut interest rates to help stimulate the U.S. economy.
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