GE to Bernie Sanders: We’ve ‘never been a big hit with socialists’
GE CEO Jeff Immelt fired back at Bernie Sanders for saying his company was destroying the “moral fabric” of America. Immelt said GE creates wealth and jobs — instead of just calling for them in speeches.
British banks forced to disclose links to Panama Papers firm
Big British financial firms have been given a week to disclose their links with the law firm at the heart of the Panama Papers scandal.
China has stopped bleeding cash … for now
China’s foreign exchange reserves rose in March by roughly $10 billion to $3.21 trillion, the first monthly increase since October, according to central bank data.
American manufacturing isn’t dead yet
The U.S. manufacturing sector may have shed millions of jobs as a result of globalization and new technology over the past decade or so, but it’s starting to make a comeback: More than 800,000 manufacturing jobs have been created in the U.S. in the past 5 years.
The truth about UK immigration
Here is what you need to know about U.K. immigration numbers ahead of the ‘Brexit’ referendum in June.
Fed officials divided over April rate hike
The Federal Reserve’s committee members mostly cautioned against an April rate hike though some thought it was appropriate.
U.S. oil boom not slowing enough to solve epic glut
The U.S. pumped a near-record 9.18 million barrels per day in January, marking just a slight decline from recent months. It’s a sign that the U.S. oil boom is not slowing enough to rebalance the global oil markets.
San Francisco is first city to require fully-paid parental leave
San Francisco requires employers to grant fully-paid parental leave by filling gap between partial pay of state program and full salary for new parents.
Red flag: U.S. economy may have hit the pause button
Forecasts for U.S. economic growth in the first quarter of this year are falling quickly after initial optimism.
Here comes the worst earnings season since Great Recession
Wall Street is bracing for a 7.9% plunge in first-quarter profits, the biggest decline since the Great Recession. Blame the strong dollar and cheap oil.
Oil crash victim: Angola asks IMF for bailout
The oil price crash has forced Africa’s third largest economy to seek a bailout.
Brazil has a ‘great president,’ says Chile’s president
Chilean President Michelle Bachelet told CNN that Brazil’s president, Dilma Rousseff, is a “great president” despite facing impeachment charges.
Obama: Corporate tax avoidance hurts the middle class
President Obama on Tuesday applauded new rules set by the Treasury that will make it harder for U.S. companies to skirt taxes by moving abroad.
Panama Papers: 7 things to know
The publications of Panama Papers sent shock waves around the world. Here is what you need to know.
Wall Street bank says U.S. unemployment isn’t 5%
Donald Trump and Bernie Sanders say America’s unemployment rate is far higher than 5%. Now a Wall Street bank agrees.
India’s fast-growing economy just got a shot in the arm
India’s central bank slashed interest rates on Tuesday, delivering a stimulus jolt to the world’s fastest-growing large economy.
JPMorgan and GE are destroying the fabric of America
Everyone knows Bernie Sanders hates big banks. But now Sanders is blasting iconic American giant General Electric for shipping jobs overseas and pulling the plug on American factories.
‘I love Bernie, but I don’t want my taxes to go up’
Bernie Sanders has a lot of fans, but he has trouble attracting voters over age 40. Older voters tell CNNMoney that they don’t want their taxes to spike.
The law firm at the heart of the Panama Papers scandal
How an unknown law firm found itself at the heart of a global investigation into offshore finance.
Trump’s latest wild claim: He’ll fix the debt in 8 years
Donald Trump claims America is on the verge of a ‘very massive recession,’ but he says he can save the economy and make the $19 trillion debt go away.
30% of bank jobs are under threat
A wave of innovation threatens to wipe out another 30% of bank jobs, Citigroup warned in a recent report. Former Barclays CEO Antony Jenkins has likened this to the banking industry’s Uber moment.
Be the first to comment on "Economy: Latest Financial Topics from CNN Money"