Tag: U.S.

November 20, 2017

A historic marker used by Wall Street to determine if a recession is coming is flashing red, but there’s probably no need to worry for now about the U.S. economy. What’s caught the attention of investors is a flattening of […]

October 27, 2017

In a show of resilience, the American economy grew at a solid pace in the latest quarter despite the impact of the hurricanes in Texas and Florida. The nation’s gross domestic product, a key indicator of economic strength, expanded at […]

October 18, 2017

How can you make money in the stock market based on President Trump’s or the GOP’s next policy move? Or profit from Democrats’ political maneuverings? Or shoot for gains based on coming tax reform? A new family of exchange traded […]

September 28, 2017

Economists at the Royal Bank of Canada gave an optimistic take on tax reform plans unveiled in the U.S., suggesting in its current form it will boost growth and urge investors to rethink the stock markets. “Acknowledging that some key […]

September 7, 2017

Vanguard’s Fixed Income Group, with $1.2 trillion of assets under management, is overweight on credit exposure to corporate bonds and asset-backed securities, targeting more defensive sectors because they are “less subject to some of the volatility,” according to the group’s […]

August 24, 2017

American Express Co. (AXP) is resolving a government watchdog’s discrimination review by paying at least $96 million to customers in Puerto Rico and other U.S. territories who were charged higher fees and interest rates than cardholders in the rest of […]

July 28, 2016

The Consumer Financial Protection Bureau proposed a massive overhaul of the multibillion dollar debt collection industry on Thursday, which would restrict collectors from calling numerous times a day, require them to have more documentation on what’s owed, and give people […]

December 8, 2015

Evercore Partners founder Roger Altman said Monday he doesn’t see any of the classic signs that the U.S. economy is heading into recession. “The good news and the bad news about the most recent jobs data and the latest data […]

November 23, 2015

Stocks have been all over the place lately. After a lot of volatility in August and September, the S&P 500 index recorded its best October in years. Now the question is whether stocks will gain even more momentum going into […]

November 18, 2015

Tons of Iraqi oil is finding a home in America. The U.S. more than doubled its imports of oil from Iraq between August and September, according to a Platts analysis of U.S. Energy Information Administration statistics. The dramatic increase in […]

November 13, 2015

U.S. stocks were poised for a cautious open on Thursday, ahead of a round of appearances by Federal Reserve officials and important energy-supply data that could set the direction for investors. Against a backdrop of mostly weaker global markets, Dow […]

November 12, 2015

Source photo The dollar was almost flat against the yen during Asia trade Thursday, with brightened sentiment prompting selling of the Japanese currency and its perceived safety, which offset dollar selling by investors looking to lock in profits. Meanwhile, the […]

November 12, 2015

U.S. crude oil prices held near more than two-month lows in early Thursday trading, after a sharp slide on concerns the market will take much longer than many anticipated to rebalance as supplies far outstrip demand. Benchmark U.S. crude futures […]

November 11, 2015

Shares of Apple Inc. sank 3.2% on Tuesday after Credit Suisse lowered its earnings estimates on the iPhone maker. And Doug Kass, president of money manager Seabreeze Partners Management, reminded investors that Apple AAPL, -3.15% is facing slowing earnings and […]

November 11, 2015

Chief executives at European banks are getting a rough deal compared to their American counterparts, according to new research published in the Financial Times. The research, by PriceWaterhouseCooper and commissioned by the FT, shows that on average, chief executives in […]

November 11, 2015

Crude oil prices fell on Wednesday after industry data showed an increase in U.S. stockpiles, and as analysts said that U.S. output had been surprisingly resilient in the face of lower prices. Benchmark U.S. crude futures slipped to a two-week […]

November 9, 2015

Source photo Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly […]

November 9, 2015

Source photo The dollar stabilized on Monday in spot foreign-exchange trading in Asia, after stronger-than-expected U.S. jobs data on Friday boosted the currency sharply higher on expectations of a rate increase from the U.S. Federal Reserve in December. Yet foreign-exchange […]

November 6, 2015

The dollar stabilized on Friday in Asia, as investors awaited the U.S. jobs report to help them weigh the odds of a Federal Reserve rate increase this year. Momentum on the U.S. dollar’s rise, which hit multi-month highs against the […]

November 6, 2015

Source photo Earlier this summer, a video about college accreditors went viral — or at least as viral as a video on an obscure higher education policy topic can go. In the video, Sen. Elizabeth Warren (D-Mass.) grills Albert Gray, […]