Some Uber and Lyft drivers are asking riders to avoid the apps and pay in cash
Some Uber and Lyft drivers are asking riders to avoid the apps and pay in cash Some drivers for…
Billionaire investor Stanley Druckenmiller says the Fed may have declared victory on inflation too early
Stanley Druckenmiller isn’t ready to put inflation aside yet, and says the Federal Reserve shouldn’t either. “I’m a little…
Trump is poised to make the Fed’s job a lot harder
The chair of the Federal Reserve, Jerome Powell, and President-elect Donald Trump. The Federal Reserve could soon encounter a…
China just announced a $1.4 trillion plan to rescue its local governments
China announced a debt rescue program to the tune of $1.4 trillion to save heavily indebted local governments and…
Democrats wished the election was about jobs. Trump’s win indicates it was about prices.
Donald Trump’s margins tended to improve more in areas with higher real wage declines and high costs of living….
CEOs around the world started talking about Trump’s tariffs as soon as he won
Donald Trump pledged to renew his protectionist tariff policies if reelected. As soon as Donald Trump won reelection, CEOs…
The Federal Reserve gives Americans another interest-rate cut
Federal Reserve Chair Jerome Powell announced another interest-rate cut on Thursday. Another interest-rate cut is headed Americans’ way. On…
The odds of Russia’s economy collapsing are ‘extremely small’ and the war can go on for the long term, economist says
Russia may stand a better chance at sustaining its war economy than previously thought. That’s according to Vladislav Inozemstev,…
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed chair Jerome Powell said he will not resign if President-elect Donald Trump asks him to leave. Federal Reserve…
Trump is about to make the Fed’s job a lot harder
The chair of the Federal Reserve, Jerome Powell, and President-elect Donald Trump. The Federal Reserve could soon encounter a…