He Earns $1,000 a Job—and He’s a Car Dealer’s Worst Nightmare
With car prices soaring, one man deploys dealer speak to talk down the sticker price on behalf of buyers: “You’re […]
Finance
Financier Who Offered ‘Guaranteed’ High Yields Pleads Guilty to Fraud
Financier Paul Regan, whose investment firms Yield Wealth and Next Level Holdings promised investors returns of 10.5%, 15% and higher,
U.S. trading partners are pushing President Trump to stick to previously agreed tariff levels
Countries are pushing the president to stick to deals made last year, and some are bristling at U.S. allegations of
A court ruling throwing out a pair of criminal subpoenas was a vindication for Fed Chair Jerome Powell. But it shows that Fed independence now depends on judges.
The decision was good news for Jerome Powell, but it shows that Fed independence now depends on judges. Source link
A slew of data released Friday portrayed an economy showing cracks, from weaker household spending to cooler consumer sentiment and higher inflation. Oil prices could aggravate all three.
Consumer spending was slow and inflation was stubborn even before the attack on Iran sent oil prices soaring. Source link
In a major victory for the Fed, a judge threw out the subpoenas that were issued by the Justice Dept. as part of its criminal investigation into Powell
“Abundant evidence” exists that the subpoenas were designed to “harass and pressure Powell” to yield to President Trump, according to
War is never a good thing—but it can reorient an economy in some positive ways
War is never a good thing—but it can reorient an economy in some positive ways. Source link
Week Ahead for FX, Bonds: Central Bank Decisions in Focus After Jump in Energy Prices
Decisions by major central banks, including the U.S. Federal Reserve, will take center stage in the coming week as investors
The U.S. economy is less exposed to oil shocks today than in prior decades
Previous Mideast conflicts have caused recession. Today’s economy has more insulation from oil shock, but is showing some strains. Source
The Commerce Department said GDP grew at just an 0.7% annual rate in the fourth quarter last year, well short of the 1.4% pace it reported in its “advance” GDP report last month
GDP grew at an 0.7% annual rate late last year, down from the initial reported pace of 1.4%. Source link