Fed’s Powell May Signal Future Rate Cuts, But Would They Matter? Posted by News Team | Aug 22, 2019 | Economy Few analysts think reducing interest rates further would do much to revive the economy’s weaknesses. Read More
Report: ‘Budget Buster’ Deal Sending US Deficit Over $1T Next Year Posted by News Team | Aug 22, 2019 | Economy, News The CBO’s estimate is the first to reflect the hard-won budget and debt deal signed into law this month. Read More
Fed Minutes Show Wide Division on July Rate Cut Posted by News Team | Aug 21, 2019 | Economy Some Fed officials argued for no rate cut at all, believing that the economy was beginning to improve. Read More
Iran Moves to Strike 4 Zeroes From Its Sanctions-Battered Currency Posted by News Team | Aug 21, 2019 | News On Wednesday, the rial traded 116,500 to $1. At the time of the 2015 nuclear deal, it traded 32,000 to $1. Read More
Trump Sees US Recession Fears, but Stresses the Need to ‘Take China On’ Posted by News Team | Aug 21, 2019 | Economy Trump: “It’s about time, whether it’s good for our country or bad for our country short term.” Read More