Fed signals interest-rate hike coming soon, but doubts remain on how much rates can rise - CNBC

Economists maintain expectations for a June rate hike, but the markets have some doubt about how many increases will be done this year. The Fed's comment that some of its members say it would be "prudent" to await evidence before hiking stirred up ...

Wednesday, May 24, 2017

Iron and Metals Slump as Moody's Puts China Debt in Spotlight - Bloomberg

Iron ore led a slump in industrial commodities after Moody's Investors Service downgraded China's credit rating and warned that the country's debt position will worsen as its economic expansion slows. Iron-ore futures on the Dalian Commodity Exchange ...

Wednesday, May 24, 2017

Unemployment in the U.S. Is Falling, So Why Isn't Pay Rising? - Bloomberg

The U.S. economy is behaving mysteriously. Usually wage growth accelerates when the job market is tight: Employers have to pay more to attract and retain workers. But even though the unemployment rate hit a decade low of 4.4 percent in April, average ...

Friday, May 19, 2017

The worst news for the economy might be coming from banks, not retail - CNBC

Despite high levels of economic confidence expressed by business owners and consumers, one key indicator shows that has not translated into much action yet. Loan issuance declined in the first quarter from the previous three-month period, the first ...

Monday, May 15, 2017

Cyber Security Stocks Rise After Global 'Ransomware' Attack - U.S. News & World Report

"These attacks help focus the minds of chief technology officers across corporations to make sure security protocols are up to date, and you often see bookings growth at cyber security companies as a result," said Neil Campling, head of technology ...

Monday, May 15, 2017

Oil prices rise as Saudi and Russia agree to prolong output curbs - CNNMoney

Major oil producers are preparing to extend output cuts until March 2018 in a bid to reduce a global supply glut. The energy ministers of OPEC kingpin Saudi Arabia and its biggest non-OPEC partner Russia met Monday and agreed to do "whatever it takes ...

Monday, May 15, 2017

Why Warren Buffett would tell his widow to buy an index fund - USA TODAY

Nothing about Berkshire Hathaway's giant shareholder meetings is like other corporate events. And that was evident again on Saturday during a poignant moment. CEO Warren Buffett was asked about whether he would tell his widow to buy a stock index ...

Saturday, May 06, 2017

US unemployment hits 4.4%, lowest in a decade - CNNMoney

It's the third jobs report since President Trump took office. The US gained 522,000 jobs over that time. Trump has taken credit for the job markets performance. However, many other factors outside a president's control influence employers' hiring ...

Friday, May 05, 2017

US consumer spending unchanged in March; inflation subsides - Reuters

But when adjusted for inflation consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent, ending two straight months of decline,the Commerce Department said on Monday. Economists polled by Reuters had ...

Monday, May 01, 2017

Why your financial aid award is smaller than you expected - CNNMoney

Paying for college in the U.S. can be a confusing process. You don't know exactly how much it's going to cost until you receive the financial aid award letter from the school. Even then, you have to decipher a list of grants, scholarships, work-study ...

Thursday, April 27, 2017