Tag: Economy

June 24, 2019

Oil, gold, and bitcoin jumped on Monday ahead of President Trump’s reveal of “major” sanctions on Iran, as traders parked their cash in commodities and cryptocurrencies in the face of rising geopolitical tensions. “We are putting major additional sanctions on […]

May 7, 2019

Crude-oil prices dropped on Tuesday amid lingering worries about a protracted trade conflict between the U.S. and China, which could hurt demand for the commodity. “Oil prices remain volatile, with concerns a trade war could have reduced demand battling for […]

March 6, 2019

When stocks hit bottom just before the start of the bull market 10 years ago, Wall Street was littered with financial crisis losers, many trading in the single digits. CNBC looked at the price performance of S&P 500 members that […]

February 13, 2019

Last month, Wall Street’s major banks celebrated robust quarterly earnings virtually across the board. Even before Morgan Stanley disclosed comparatively disappointing numbers, the likes of Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Wells Fargo combined to report […]

December 21, 2018

This year is likely a high-water mark for the U.S. economy, but 2019 won’t be anything close to the plunge into the abyss that recent stock market gyrations have suggested. If the economy were a jet that finally reached cruising […]

December 20, 2018

Controlling immigration was one of U.S. President Donald Trump’s primary arguments during the 2016 election, with him campaigning to limit entries into the U.S. and proposing building a wall along the U.S.-Mexico border. The political debate continues to rage today: […]

December 7, 2018

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]

November 27, 2018

One argument for rolling back environmental regulations — as is occurring under the Trump administration — is that a lighter touch on industry will lift investment and economic growth. But increased pollution can also have long-term negative economic consequences. The […]

November 21, 2018

The most telling thing about the pummeling that the stock market has taken recently, and especially this week, is that there’s no simple single cause to point to. That reflects the fundamental economic risk for 2019 and beyond. There isn’t […]

November 12, 2018

A healthy job market is the backbone of any thriving city. Across a population, a strong labor market can create a virtuous economic cycle, reducing financial hardship, fueling consumer spending, and attracting new residents. The United States is in the […]