Economy
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Gary Cohn also says President Trump will push harder to make sure Congress understands the urgency. » Read More
By: Ylan Mui
The White House releases its first economic analysis of the GOP tax plan, projecting a windfall for workers. » Read More |
Negotiators at talks to modernize NAFTA are running out of time and look set to extend the remaining rounds in a bid to meet an end-year deadline. » Read More |
The Fed will probably need to raise interest rates in December and then three or four times "over the course of next year," Boston Fed President Eric Rosengren said. » Read More |
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Yellen's comments suggest the Fed will soon resume raising interest rates to reflect the strengthening economy.
The Belt and Road Initiative will reshape the 21st Century global economy, with Hong Kong set to play a leading role.
Forcing the Fed to hew to a specific rule for setting monetary policy could lead to "large policy mistakes," a U.S. central banker argued.
U.S. retail sales were lower than expected in September but recovered from the prior month's 0.2 percent slide.
U.S. consumer prices recorded their biggest increase in eight months in September as gasoline prices soared.
Washington increased tensions in talks to renew the North American Free Trade Agreement by proposing any new deal be limited to five years.
That makes Trump's orders a regulatory means of achieving what Obamacare did in 2010: redistributing income from one group of Americans to another.
Boston Fed President Eric Rosengren told CNBC's "Closing Bell" on Thursday he thinks stocks are "fully priced."
The normalization of monetary policy in the U.S. and other advanced economies should be manageable for emerging markets, says Fed Governor Jerome Powell.
Fed Governor Lael Brainard says interest rate hikes should be held until inflation rises above a specific target.
Treasury Secretary Steven Mnuchin also says the administration won't budge on the proposed cut in the corporate tax rate to 20 percent.
Here's what Republicans should prioritize when it comes to tax reform, Jeffrey Dorfman writes in the National Review.
Over time, JPMorgan Chase will be "boosting jobs and wages more than we otherwise would have" if corporate taxes are cut, CEO said.
Rep. Diane Black says the House got that number with data from the nonpartisan Congressional Budget Office and economists.
"Shame on you!" the mayor of San Juan tweets after President Trump partly blames Puerto Rico's hurricane devastation on the island itself.
General Motors will temporarily close a Detroit factory over slow sales, The Wall Street Journal reported Thursday, citing unnamed sources.
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