Poll: Vast Majority of Economists Expect Recession by 2020
About two-thirds of U.S. business economists expect the next recession to begin by the end of 2020, according to a poll of 51 forecasters.
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Daily Stock Market Update — Tuesday, Oct. 2
The S&P 500 fell a point to 2,923; Dow Jones added 123 points to 26,774; Nasdaq fell 38 points to 8,000.
Fed Follows Through With Rate Hike, Signals More Hikes Coming
The Fed dropped phrasing it had used for years that characterized its rate policy as “accommodative.”
European Central Bank Simulation Says Tariffs Will Hurt US More than China
Simulation concludes: Lower U.S. imports and gains in market shares will be outweighed by lower exports.
Trump Exults as Consumer Confidence Hits Highest Level in 18 Years
President tweets his approval as retailers expect a shopping boom this coming holiday season.