St. Louis Federal Reserve President James Bullard says the central bank could consider postponing its widely anticipated December rate hike by one month because of an inverted yield curve. » Read More
By: Kate Rooney
The employment picture for black Americans is better than it ever has been. » Read More
By: Michelle Fox
There's a good chance the Chinese will retaliate for the arrest of Huawei CFO Meng Wanzhou by targeting American businesses in China, says former assistant U.S. trade representative Jeff Moon. » Read More
Atlanta Fed President Raphael Bostic said the the central bank may not have to go much further with interest rates to achieve a proper balance between slowing and overheating.
Private payrolls increased by 179,000, below the 195,000 growth expected by a Refinitiv survey of economists. The number also was a drop from the 225,000 in October and below the 203,000 prior monthly average.
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.
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.
Wall Street may be exuberant Monday over the decision to pause the trade war between the U.S. and China, but economists across the marketplace aren't convinced.
Treasury Secretary Steven Mnuchin says President Trump was pleased with Fed Chairman Jerome Powell's speech last week on interest rates.
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.
China marks the 40th anniversary of its economic reforms and opening up on Dec. 18 — an occasion Beijing could use to emphasize its commitment to transform its economy, noted Scott Kennedy of the Center for Strategic and International Studies.
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."
Over the weekend, the United States and China agreed to put their bilateral trade war on hold for 90 days to negotiate lingering disagreements but the deal downplayed two crucial areas: forced technology transfers and intellectual property theft.
Hiking rates too forcefully before necessary could risk causing a recession in the U.S. economy, says Minneapolis Fed President Neel Kashkari.
In a process begun in October 2017, the bank is decreasing the size of its bond portfolio, which grew to more than $4.5 trillion as part of an effort to drive down mortgage rates and lift economic growth.
The Federal Open Market Committee released minutes Thursday from its Nov. 7-8 meeting at which it decided to hold the central bank's benchmark rate steady at a range of 2 percent to 2.25 percent.
Stocks surge and bonds sell off in a powerful move after market pros took Fed Chairman Jerome Powell's comment to mean the Fed is nearing an end of its rate-hiking cycle.