Boris Johnson’s election as Conservative leader has been greeted in Brussels with a rejection of the incoming British prime minister’s Brexit demands...
“Sales refuse to break out higher...It doesn’t make economic sense”
Expectations over the Fed’s ability to fix all that ails the economy and markets may be running a little too hot, warns our call of the day, from James...
You would think folks on Wall Street would be pretty good at economics. Some of them are. But as Alex Merced will attest, just because somebody lands a job as a stockbroker doesn't mean they're a good economist.Alex works as a Wall Street trainer. He also teaches economics. In fact, he's produced hundreds of videos on economic topics ranging from basic to advanced. In this episode of It's Your Dime, host Mike Maharrey and Alex talk about economics and investing.
The Fed may be hoping that a deeper and faster cut to interest rates will support economic growth, but its biggest impact may be on the dollar.
Pact To Transform Home buying Process. The world's largest online retail company is partnering with the nation's largest residential real estate brokerage company...
Remodeling spending is expected to slow. Home owners are feeling less inclined to take on home improvement projects.
One of the reasons to own physical gold is that it doesn't come with any counterparty risk.In simplest terms, counterparty risk is the chance that one party in a financial transaction will default on its contractual obligation. My asset is somebody else's liability. If I loan you money, there is always the possibility that you won't pay me back. Or consider buying a stock. There is a risk that the company will go bankrupt and the value of that stock will go to zero.
FINRA has released new data for margin debt, now available through June. The latest debt level is up 4.8% month-over-month.
The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.
The outlook shows how quickly central banks have been forced to turn tail after spending much of last year leaning toward tightening monetary policy.
UBS Group AG’s chief is sounding the alarm on fresh monetary easing just as European policy makers appear poised to deliver another helping to stimulus-hungry markets.
Half-Point Cut Not Enough.
American corporations are spending trillions of dollars to repurchase their own stock. The practice is enriching CEOs—at the expense of everyone else.
The Fed doesn’t exactly have it easy, but conditions in Europe are putting added pressure on the Governing Council ahead of this week’s meeting.
Let's play a little "what if" to see just how explosive this move in the precious metals may be...
The dollar firmed to a two-week high versus its rivals on Tuesday, a day after U.S. President Donald Trump and congressional leaders agreed a two-year extension of the debt limit, dousing fears of a government default later this year.
The Trump administration is moving to end food stamp benefits for 3 million people with proposed new regulations curtailing the leeway of states to automatically enroll residents who receive welfare benefits.
President Donald Trump has voiced his support for a compromise budget deal to suspend the debt ceiling for two years.
The minimum wage debate obscures a more significant problem in America. We don't primarily have a wage problem. We have a money problem. Government devaluation of the dollar over the years has stolen money from average Americans. But instead of dealing with the core issue, the fight centers around wage policy and offers solutions that will just exacerbate the problems.While we're on the subject, a recent study by the Congressional Budget Office put a little bit of a damper on the "Fight for 15" minimum wage initiative.