Trump headlines Madison Square Garden rally after vulgar, racist remarks from allies
Republican presidential nominee and former U.S. President Donald Trump speaks during a rally at Madison Square Garden, in New York,…
U.S. and China hold first informal nuclear talks in 5 years, eyeing Taiwan
The United States and China resumed semi-official nuclear arms talks in March for the first time in five years, with Beijing’s representatives telling U.S. counterparts that they would not resort to…
Fed must get ‘more aggressive’ with rate cuts due to weakening jobs market, Canaccord’s chief market strategist says
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony…
Prison inmate led scheme swindling U.S. out of $550 million in Covid tax credits, feds say
A California prison inmate locked up on a gang-related murder conviction led a scheme that defrauded the U.S. government out…
U.S. Bank fined $36 million for freezing unemployment debit cards during Covid-19 pandemic
WASHINGTON — The Consumer Financial Protection Bureau on Tuesday announced it has fined U.S. Bank nearly $21 million for cutting…
Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila…
‘The Psychology of Money’ author Morgan Housel gives advice to investors afraid of market downturns
The author behind the best-selling book “The Psychology of Money” is trying to relieve investor anxiety over market downturns. “Realizing…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as “digital gold” may be a mistake. State Street Global Advisors’ George Milling-Stanley, whose firm runs the world’s…
Here’s the inflation breakdown for April 2023, in one chart
Inflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade…
