The Federal Reserve, led by Chair Janet Yellen, didn’t raise interest rates at its July meeting, which ended Wednesday.
U.S. expands crackdown on secret real estate buyers
It’s about to get harder for some luxury all-cash home buyers to hide their identity from the U.S. government.
Those Reagan tariffs Trump loves to talk about
Donald Trump loves to talk about Ronald Reagan’s trade tactics against Japan. But some experts say Reagan’s actions hurt U.S. jobs.
Sanders wants Clinton to break up big banks. Will she?
Bernie Sanders takes credit for forcing for forcing Hillary Clinton and the entire Democratic Party to get a lot tougher on Wall Street. But how likely is that to happen?
Democrats to Federal Reserve: You’re too white
The Democratic Party’s platform for its convention is clear when it comes to the Federal Reserve: it needs more diversity and less Wall Street
As wages rise, CEOs are starting to complain
The typical wage in America is now $828 a week, up from $730 during the depths of the Great Recession. CEOs and Wall Street have noticed and have even started complaining.
U.S. emerges as safe haven amid chaotic world
A big factor behind the recent rally on Wall Street is how scary the rest of the world looks. By comparison, American stocks look like a safe bet.
‘Without NAFTA, we would be out of business’
There are only 3 denim manufacturers left in America. They gain, but they also lose from NAFTA, a trade deal Donald Trump wants to renegotiate.
‘I like money’: Meet the new women of Wall St.
New film ‘Equity’ is about to open in theaters. It’s the first movie about ambitious women on Wall Street since the 1988 hit “Working Girl.”
This is how much loss of NBA All-Star Game will cost Charlotte
Charlotte estimates the NBA’s decision to pull its All-Star Game out of the city means a loss of $100 million.
Will the public get to see Mike Pence’s tax returns?
With one exception, every vice presidential candidate in the past 40 years has released a tax return. Given that Donald Trump hasn’t released his tax returns, will Mike Pence be the second exception?
‘Stampede’ of cash rushing into emerging markets
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Trump’s made ‘free trade’ a dirty word
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Many 2012 Republican campaign promises have come true under …. Obama?
In the 46 months since the last Republican National Convention in Tampa, many of the economic promises made by Republicans actually came true under the Democratic president.
The entrepreneur trying to save London from Brexit
London’s deputy mayor for business says the city is open for business, even as Brexit looms.
Ouch! Brexit leads to ‘dramatic deterioration’ of UK economy
It’s been one month since the U.K. voted to leave the European Union and British businesses are already taking a major hit.
Chinese flock to America to work for companies they’ve bought
China is buying up American companies and then sending record numbers of execs over to staff them.
America’s biggest oil boom came under Obama
Harold Hamm, the leading contender to be Trump’s energy secretary, says Obama destroyed the U.S. oil boom. But the numbers paint a different story.
Is America’s middle class too pessimistic?
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Trump supporters feel worse off than Clinton fans
More Trump backers feel like they are falling behind financially than Clinton supporters, according to a recent Pew survey.
One immigrant’s path from cleaning houses to Stanford professor
Fei-Fei Li arrived in the U.S. from China at age 16 with many big dreams. And it took many odd jobs to help her achieve them. Luckily, she was smart — and driven. Today, she’s the director of Stanford University’s artificial intelligence lab.
Half of Brazilians are against the Olympics
An Estimated 50% of Brazilians oppose the Summer Olympic Games in Rio de Janeiro, a sign of how Brazil’s recession has overshadowed the Games.
Happiness at work hits highest level since 2005
Nearly 50% of Americans say they are satisfied with their jobs. It’s the highest since 2005.
American companies have a lot to lose from Turkey chaos
American companies are left wondering what will happen to the billions of dollars worth of investment they’ve poured into Turkey after last week’s failed military coup.
Donald Trump is having a ‘YUGE’ impact on advertising
Trumpisms are hot in the advertising world. Donald Trump’s most popular slogans are popping up in ads for everything from books to storage units.
Hungry Venezuelans cry when they see food, as crisis deepens
The IMF downgraded its forecast for Venezuela as the country spirals deeper into an economic, political and humanitarian crisis.
In California, Obamacare premiums to jump 13.2%
California’s Obamacare premiums will jump 13.2% on average next year, ending the state’s two-year respite from double-digit rate hikes.
Bargain hunters snap up London real estate
Commercial property buyers are lured by the combination of cheap pound and declining value of London real estate.
Only Brits over 60 have gotten a pay rise in recent years
Average incomes for Brits over 60 have gone up 10% since the global financial crisis. They’ve fallen by 7% for the 22-30 age group.
Trump is richer – and deeper in debt – than he was a year ago
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Brexit could mean weakest global growth since 2009
The IMF cuts its forecast for the world economy due to Brexit and says uncertainty stemming from the U.K. vote could lead to the weakest growth since the financial crisis.
Donald Trump plan will break up big banks
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