The employment picture for black Americans is better than it ever has been.
Laffer, formerly an advisor to presidents Trump and Ronald Reagan, thinks Powell has done a “great job in normalizing interest rates.”
Lobby group Frankfurt Main Finance claims London’s financial sector is poised to lose billions of euros in assets by March 2019.
U.S. manufacturing activity rose more than anticipated in November but construction spending was worse than expected, falling for the third straight month.
Treasury Secretary Steven Mnuchin says President Trump was pleased with Fed Chairman Jerome Powell’s speech last week on interest rates.
U.S. Treasury Secretary Steven Mnuchin expresses optimism about a trade agreement with China, saying the U.S. has received commitments for concessions on several key issues.
Soybean prices surge on the back of a trade truce between the U.S. and China in which Beijing agrees to buy more American agricultural products.
Following the conclusion of the G-20 summit in Argentina, Trump described the agreement brokered with Beijing as “one of the largest deals ever made.”
Jon Najarian says Fed Chief Powell did not blink, but instead reacted to data as he should.
The number of Americans filing applications for jobless benefits increased to a six-month high last week.
U.S. consumer spending increased by the most in seven months in October.
In the third quarter of 2018, Germany’s economy shrank for the first time in more than three years.
Consumer sentiment for November fell more than anticipated in the final reading of the month, although the index remained near record highs.
The former Treasury Secretary warned the Fed should be careful not to raise rates too quickly.
“History has shown there’s a concept called the ‘Thucydides Trap’” that indicates conflict, says Ray Dalio, the billionaire Bridgewater founder.
U.S. retail sales rebounded sharply in October as purchases of motor vehicles and building materials surged.
The number of Americans filing applications for jobless aid unexpectedly rose last week.
Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase.
Companies should try digging in their pockets if they’re looking to find workers for unfilled jobs, Minneapolis Fed President Neel Kashkari said Tuesday.
U.S. wholesale inventories gained slightly more than estimated in September.