The Fed is about to start public sessions on how it can improve policy- CNBC--2.22.19
Starting Monday, the Federal Reserve will be holding a series of "Fed listens" events. These sessions will seek public input on how the bank can improve both policy and communications.
Trump says inclined to extend trade deadline, to meet China's Xi soon- Reuters--2.22.19
President Trump said on Friday there was a good chance the U.S. and China would end their trade war and that he was inclined to extend his March 1 deadline to reach an agreement.
Love Regulation Or Hate It, The National Debt Is Not Your Friend- Forbes--2.21.19
The United States is $22 trillion in debt and it set to add another $12.4 trillion over the next ten years. More than 7% of the federal budget goes to paying interest on debt and the interest bill is forecast to hit $650 billion in five years.
Fed sees balance sheet reduction ending, notes 'risks and uncertainties'- CNBC--2.19.19
The Fed minutes showed extensive discussions on market conditions and Fed officials discussed ending the reduction of bonds on the central bank's balance sheet before the end of 2019.
Household debt hit another all-time high. Is it poised to level off?- American Banker--2.19.19
Total household debt has hit another record high in the fourth quarter of 2018. According to a report by The Federal Reserve Bank of New York, household debt reached $13.5 trillion, marking its 18th consecutive quarter that debt had increased from the prior quarter.
Trump will sign spending bill, declare a national emergency and 'other executive action' to build wall- CNBC--2.14.19
President Donald Trump plans to sign a spending bill to keep the government running while declaring a national emergency to try and build his proposed border wall.
Worst retail sales drop in 9 years is 'every bit as bad as it looks'- Yahoo! Finance--2.14.19
The retail sector took a blow in December 2018. Retail sales dropped 1.2% month-over-month, the largest drop since September 2009, according to data from the Census Bureau.
Trump says he may hold off on raising tariffs if deal with China seems close- Market Watch--2.12.19
President Donald Trump has stated that he might let the March 2 deadline slide if trade talks with China goes well. The U.S. is currently scheduled to raise import taxes on $200 billion worth of Chinese goods on March 2 if the U.S. and China can't resolve their differences.
A looming retirement crisis threatens us and future generations. Here's how we can avoid it- CNBC--2.11.19
Americans are struggling to save for retirement. Currently, almost half of all American families do not have any retirement savings, putting families in jeopardy and placing our economy at risk.
The chances of another government shutdown are rising after border-security negotiations hit a serious snag- Business Insider--2.11.19
Top Republicans and Democrats tasked with crafting a border-security proposal by the funding deadline have hinted that negotiation talks have stalled. This dispute may lead to another partial government shutdown.
Trade could be the biggest market catalyst in the week ahead- CNBC--2.8.19
It will be the tone of the trade talks in Beijing that could have the biggest impact on markets next week. The U.S. and China still seem to be far apart on trade differences ahead of their March 1 deadline on new tariffs.
Fed Bombshell: Central Bankers Discussing If QE Should Be Used "More Regularly"- Zero Hedge--2.8.19
Reuters has reported that San Fran Fed President Mary Daly stated that U.S. central bankers are currently debating on whether it should confine its bond buying to only emergency situations or if it should turn to that tool more regularly.
Widespread online banking, mobile app outage hits Wells Fargo customers- USA Today--2.7.19
Wells Fargo is working to fix a widespread outage that is preventing customers from using the mobile app and accessing their online banking accounts.
Dow drops more than 200 points as Trump won’t meet Xi before US-China trade deadline- CNBC--2.7.19
Stocks fell sharply as it became clear a trade meeting between President Donald Trump and Chinese President Xi Jinping would not happen before the key March deadline.
Be prepared to take shelter in the next recession- Market Watch--2.6.19
Recessions are inevitable and the current expansion is already the second-longest on record. Recessions will occur once growth stops and the economy starts to shrink. Knowing what to expect can help you secure your finances to withstand a possible slowdown.
U.S. Jobless Claims Hit One-Year High Amid Shutdown, Holiday- Bloomberg Quint--1.31.19
Filings for U.S. unemployment benefits rose by more than forecast to the highest since September 2017 amid the tail end of the government shutdown. Jobless claims jumped from a five-decade low to 253,000.
How Trump’s trade war with China could heat up - The Washington Post--1.31.19
Beijing has announced it would accelerate the introduction of a new foreign-investment law designed to address some of Trump's complaints. The move suggests that Chinese President Xi Jinping is looking to find an end to the U.S.-China trade war.
In a shift, U.S. Fed says will be 'patient' on future rate hikes- RT--1.30.19
The Fed has signaled its drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the U.S. economy. The Fed has decided to hold interest rates steady and said it would be "patient" before making any further moves.
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