The economy looks ‘pretty damn good right now’
The market has managed to put behind the “economic anxiety” it faced as recently as the fourth quarter of 2023, according to Citadel CEO Ken Griffin. The hedge fund manager …
U.S. Economy
Stocks ‘asset class of choice’ as markets used to bad news: Strategist
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 29, 2024. Brendan Mcdermid | Reuters Geopolitical risks may be mounting, but …
Warren pushes Fed Chair Powell to cut rates, ease housing pressure
Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, …
FTC fines Kubota $2 million in largest ever ‘Made in the USA’ penalty
Federal Trade Commission building Jeff Greenberg | Universal Images Group | Getty Images WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world’s …
Treasury’s Yellen touts favorable GDP numbers as boon to middle class
WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle class. “Though some forecasters thought a recession last year was …
Home sales dampened by severe winter weather, Redfin says
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release …
How chaos in the Red Sea is putting the U.S. Navy to the test
The U.S. Navy is encountering a tenacious threat in the Red Sea. The Iran-backed Houthi rebels have launched wave after wave of low-cost precision weapons at vessels transiting the area, …
Markets ‘complacent’ about the risks of a Trump win, strategist says
Former U.S. President and Republican presidential candidate Donald Trump holds a rally in advance of the New Hampshire presidential primary election in Rochester, New Hampshire, U.S., January 21, 2024. Mike …
Trump’s proposed 10% tariff plan would shake up every asset class: Strategist
Former U.S. President and Republican presidential candidate Donald Trump holds a rally in advance of the New Hampshire presidential primary election in Rochester, New Hampshire, U.S., January 21, 2024. Mike …
Top Citi strategist says healthier economic growth is coming
Jim Dyson | Getty Images News | Getty Images The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable growth, …