Both Trump and Clinton are making the U.S. economy ammunition for their latest attacks on each other.
Both Trump and Clinton are making the U.S. economy ammunition for their latest attacks on each other.
Here's a look at the word-bombs they're lobbing...
The cost of Zika -- the financial and human toll - is staggering.
Here's a breakdown of how much the U.S. will have to pay to fight the terrifying disease...
California's new, state-mandated $15 minimum wage sounds appealing, but it could have startling economic ramifications.
Last week the U.S. Federal Reserve decided against raising interest rates four times this year, opting for just two hikes instead.
Some analysts point to this recent change of mind as proof of an impending recession. Others state there's no strong possibility of one.
But I'm not going to wait to find before I make my trading decisions. And you shouldn't either.
Just because central bankers want to lead investors over the cliff like they did in 2008 doesn't mean that people should follow them.
Unfortunately, that's exactly what investors did last week. In a year that has seen many foolish rallies, Friday's massive rally in stocks - coming just a day after a massive sell-off - was the most foolish of all.
Let's take these one at a time...
As we've talked about in several recent conversations, I live by the credo "always have some money invested in tech stocks" - no matter how much "noise" you hear out of Wall Street and Washington.
Otherwise, you'll miss opportunities to buy winning stocks when they are "on sale." Worse, you'll miss taking a big profit from the rebound.
Markets produced their strongest returns in four years in October - ignoring a steady stream of bad economic news and lousy corporate earnings.
The Dow Jones Industrial Average soared 8.5% while the S&P 500 jumped 8% for the month. The Nasdaq Composite Index was driven higher by strong big tech earnings. It skyrocketed by 9.38% and is now back above 5000.
Last week's gains were muted with the Dow rising 0.1% or 16 points and the S&P 500 rising 0.2% or 4 points, so perhaps the jubilation is ebbing. The Nasdaq Composite Index gained 0.4% on the week.
On Thursday, an important bit of news came out that you may have missed: The U.S. Commerce Department sharply revised upward its second-quarter GDP estimate.
That revised number proves that, despite recent market turbulence, the U.S. economy remains on solid ground.
U.S. Dollar Drops Today: The U.S. dollar fell against the yen and euro yesterday, after global markets had another down day.
The Dow Jones Industrial Average was down 114 points Monday and another 400 points early Tuesday. The Stoxx Europe 600 was down 0.4% Monday, while Germany's DAX slipped 1%.
Here’s what’s next for the U.S. dollar…
The U.S. is waging a dangerous financial war with Iran right now.
And if it's not managed carefully, it could embolden the dollar's enemies to mount a counterattack on the U.S. currency.
Such a move could destroy the U.S. dollar as we know it...
The amount of U.S. debt owned by foreign nations has never been higher.
Since Sept. 30, 2014, the U.S. Treasury has accumulated $17.8 trillion worth of debt. That’s roughly 103% of the total U.S. GDP in 2014.
The wealth gap in the United States and other developed countries hasn't been this big since the 1980s, according to a new report from the Organization of Economic Cooperation and Development (OECD).
In the 1980s, the top 10% of earners in the developed world made seven times the income of the bottom 10%. But the wealth gap has expanded since. By 2013, the top 10% had 9.6 times the income of the bottom 10%. That was across 34 nations.
And the numbers in the U.S. are even worse…
U.S. company layoffs are up 13% in 2015 from the year before.
U.S.-based employers announced a whopping 41,034 job cuts last month.
Check out this list of employers that are slashing scary high amounts of jobs from their payrolls...
China gold reserves have been kept secret – but we know China is stockpiling faster than ever. And with enough of the yellow metal, China gold reserves could actually harm the U.S. dollar.
The tide is turning for crude oil prices. Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York. The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown. A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.
The tide is turning for crude oil prices.
Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York.
The recent rise in prices would seem to be just what the smaller operators in the U.S. need to avoid a sector meltdown.
A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.
