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Fed's Rosengren not on board for rate cut: 'I think we should wait'
The Boston Fed president tells CNBC that the central bank can afford to be patient as long as the economy holds up.
7 hours ago - CNBC - 6 articles
The Economy Looks Solid, but the Fed Plans to Cut Rates Anyway. Here's Why
An acknowledgment that some old rules of thumb no longer apply.
9 hours ago - NY Times - 6 articles
Trump just found another target at the Federal Reserve
President Donald Trump on Friday took aim at John Williams, the second-in-command on the policy-setting Federal Open Market Committee and the president of the New York Federal...
10 hours ago - Business Insider
BlackRock CEO Larry Fink says ECB must buy equities to stimulate euro zone
BlackRock Chief Executive Larry Fink said on Friday the European Central Bank will need to purchase equities to stimulate Europe's economy, and that leaders should find ways to...
11 hours ago - Reuters - 4 articles
Fact-Checking Trump's Tweet About Too-High Interest Rates
The Federal Reserve raised rates specifically because the United States economy was stronger than its global counterparts.
11 hours ago - NY Times
U.S. Economy Is Stable: The Great Moderation Returns
The economy is likely to be more moderate in the coming decades, primarily because of economic integration and technological innovation. Recessions will continue to occur, and...
14 hours ago - Forbes
Citigroup CEO Outlook on US Economy: “I'm Excited About The Future”
Count Citigroup's Michael Corbat as one CEO who doesn't believe that recession is coming any time soon. “Near term, I don't see the recession,” he says. “My biggest fear is...
14 hours ago - Fortune
Hong Kong's Approach to Protesters: No More Concessions
Carrie Lam's administration is confident that it can weather further demonstrations, despite recent violent clashes and signs that the economy could suffer.
15 hours ago - NY Times
American Express 2Q profits rise 9%, beating expectations
NEW YORK - American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its...
16 hours ago - Chron
AmEx beats profit on higher card spending; expenses a worry
Credit card issuer American Express Co beat analysts' estimates for quarterly profit on Friday, as a healthy U.S. economy fueled higher spending by its customers.
16 hours ago - Reuters - 4 articles
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Michelle Obama issues veiled rebuke of Trump's racist tweets: 'It's not my...
Former First Lady Michelle Obama in a tweet on Friday said what "truly makes our country great is its diversity" in a tweet that was seemingly designed to denounce President...
Google will reportedly face a multimillion dollar fine after an FTC...
The Federal Trade Commission has reportedly finalized a settlement with Google after an investigation found that YouTube was in violation of federal children's privacy...
Stocks end the week lower amid rising tensions in the Middle East
US stocks finished the week lower amid rising tensions in the Middle East as Iran reportedly seized two British tankers. That took some of the luster away from Microsoft's...
Here's the heavy US and UK naval firepower ready near Iran if the tanker...
US Navy Lt. j.g. David Babka Iran on Friday says it seized a British-owned oil tanker and its crew, amid reports it diverted a second British tanker towards Iran, in a clear...
Google honored Apollo 11 software developer Margaret Hamilton with a 1.4...
Google honored Margaret Hamilton, the woman who led the development team responsible for the onboard flight software for NASA's Apollo missions, with a massive portrait...
Photos capture how Elizabeth Warren became an academic, a US Senator, and a...
Reuters/Rachel Mummey Democratic presidential candidate Sen. Elizabeth Warren has forged a political identity as a fighter who wants to level the playing field for the American...
Apollo 11 landed on the moon 50 years ago. Here's how space exploration is...
By Naeem Altaf, IBM Distinguished Engineer and Chief Technology Officer of Space Tech On July 20, 1969, the world celebrated the first moonshot. The successful landing of...
Bernard Arnault is the second richest person in the world with a fortune of...
French billionaire Bernard Arnault became the second richest person in the world this week. The LVMH chairman and CEO has a reported net worth of $108 billion, more than Bill...
This heat wave is going to make you - and the rest of America - less...
Much of the US has been under a heat wave, with temperatures expected to continue rising. A 2014 economic study indicates that hot days can have a surprisingly big negative...
15 photos show people doing their best to survive the heat wave across the US
A heat wave will sweep across much of the United States this weekend. Over 100 local heat records are expected to be broken. Most of those will be overnight. On Saturday and...