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Posted: 2019-08-22 11:19:00
NPR's David Greene talks to Phillip Swagel, director of the nonpartisan Congressional Budget Office, who says the nation's fiscal outlook is challenging and is on an unsustainable course.
Posted: 2019-08-22 11:19:00
NPR's David Greene talks to Phillip Swagel, director of the nonpartisan Congressional Budget Office, who says the nation's fiscal outlook is challenging and is on an unsustainable course.
Posted: 2019-08-21 09:15:00
The Trump administration is boasting that the economy is strong. But the administration is also calling for the kind of dramatic economic stimulus one would usually only consider during a recession.
Posted: 2019-08-20 09:04:00
Critics Complain Mexico's Austerity Plan Has Gone Too Far
Mexico's president has cut thousands of government jobs to fight corruption. Critics say he is putting the country in danger — especially when it comes to attracting foreign investment.
Posted: 2019-08-19 09:04:00
Amid Homelessness Crisis, Los Angeles Restricts Living In Vehicles
Nearly 10,000 people in Los Angeles live in vehicles. The city council recently extended a ban on sleeping overnight in cars, vans or RVs in residential areas and near parks or schools.
Posted: 2019-08-16 09:05:00
Restaurant Owners Grapple With Hiring Undocumented Immigrants
The Immigration and Customs Enforcement raids at chicken processing plants in Mississippi last week raised an old debate: Who will do these jobs if not immigrant workers?
Posted: 2019-08-15 11:13:00
Unequal Outcomes: Most ICE Detainees Held In Rural Areas Where Deportation Risks Soar
NPR's analysis of Immigration and Customs Enforcement data show 52% of detainees in the last year were held in rural areas, where legal representation is limited and deportation is more likely.
Posted: 2019-08-14 09:03:00
Trump Administration To Postpone Some China Tariffs
NPR's David Greene talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about U.S. plans to delay some new tariffs on Chinese imports until December.
Posted: 2019-08-13 09:00:28
U.S. Makes Another Move To Shut Out Huawei
On Tuesday, the government enacts a new ban on Huawei — preventing agencies from using federal money from buying services or equipment from the Chinese company.
Posted: 2019-08-12 09:03:00
Advocates Scramble To Help Mississippi Families Caught Up In ICE Raids
In the town of Carthage, Miss., immigrant families are trying to navigate a path forward after last week's ICE raids at poultry plants.

Posted: 2019-08-22 17:49:01
U.S. Transportation Secretary Elaine Chao on Thursday named 22 people to a new panel that will advise the department on aviation safety oversight and certification programs as the Federal Aviation...
Posted: 2019-08-22 17:33:55
The benchmark S&P 500 and the Nasdaq fell on Thursday after weak U.S. manufacturing data raised concerns about the health of the economy, with comments from Fed officials dampening hopes of future...
Posted: 2019-08-22 17:26:03
German industrial group Thyssenkrupp is in talks to buy metals distributor Kloeckner & Co in a move to strengthen its steel business, Handelsblatt reported on Thursday citing sources familiar...
Posted: 2019-08-22 17:17:45
Markets doubt Fed's ability to defend economy, spur inflation
The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations.
Posted: 2019-08-22 16:56:29
Oil eases as Fed's Jackson Hole meeting gets underway
Oil prices weakened on Thursday as worries about the global economy weighed and equity markets were under pressure as uncertainty over the outlook for U.S. interest rate cuts left investors on...
Posted: 2019-08-22 16:54:29
Two Fed officials see no case for rate cut at this time
Two Federal Reserve officials on Thursday said they see no need for an interest rate cut widely expected next month by markets, highlighting policymakers' divisions over how to respond to signs...
Posted: 2019-08-22 16:51:50
Wells Fargo pays $6.5 million to Navajo Nation over 'predatory' practices
Wells Fargo & Co will pay the Navajo Nation $6.5 million to settle a lawsuit over "predatory and unlawful practices" by the bank, the Native American tribe said on Thursday.
Posted: 2019-08-22 16:36:14
Stocks retreat as investors eye Fed's Jackson Hole meet
An index of global stock markets slipped on Thursday as investors worried about uncertainty over the outlook for U.S. interest rate cuts even as weak U.S. manufacturing data raised concerns about...
Posted: 2019-08-22 16:29:23
Trump talks up economy, talks down Fed amid mixed data
President Donald Trump said U.S. economic growth could be record-setting if the Federal Reserve would only lower interest rates further, as reports on Thursday painted a decidedly mixed picture...
Posted: 2019-08-22 16:20:51
Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52/month in February - sources
Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June,...

Posted: 2019-08-22 14:12:14
Sovereign wealth funds' distaste for equities mostly faded in the second quarter, with some investors turning to emerging- market passive equity funds, data from the research firm eVestment showed...
Posted: 2019-08-21 19:40:09
U.S. money market funds amassed their highest level of assets since October 2009 as investors shift cash into low-risk products amid worries about a global economic slowdown and trade tensions,...
Posted: 2019-08-21 10:21:50
(The writer is a Reuters contributor. The opinions expressed are his own.)
Posted: 2019-08-20 21:13:56
DoubleLine's Jeffrey Gundlach says Federal Reserve has lost control
The Federal Reserve has lost control of interest rates as evidenced by the federal funds rate trading higher than any part of the U.S. Treasury yield curve, Jeffrey Gundlach, the chief executive...
Posted: 2019-08-20 14:47:36
Hedge fund manager Kyle Bass sees 'shallow recession' potentially in 2020: CNBC
Hedge fund manager Kyle Bass told CNBC on Tuesday that he sees a "shallow recession" potentially in 2020, also adding that he thinks U.S. interest rates will follow the global interest rates...
Posted: 2019-08-16 18:45:37
Yields rise on German fiscal stimulus hopes
Benchmark U.S. Treasury yields rose on Friday on a report that Germany may be open to running a deficit to boost growth, while stronger stock markets also reduced demand for safe haven debt.
Posted: 2019-08-15 17:10:52
Canada's Intact Financial to buy Guarantee Co, Frank Cowan for C$1 billion
Canadian property and casualty insurer Intact Financial Corp said on Thursday it agreed to buy The Guarantee Co of North America and Frank Cowan Co for C$1 billion ($750.6 million) in cash from...
Posted: 2019-08-13 18:26:05
Your Money: Big companies explore virtual care to curb healthcare costs
Big companies are increasing incorporating virtual technology and care options into employee benefit plans to combat the rising healthcare costs that long been corporate America's bugaboo, according...
Posted: 2019-08-13 16:59:37
U.S. regulators to drop accounting test in 'Volcker' rewrite: sources
U.S. regulators have circulated a new draft of the "Volcker Rule" that would further ease its requirements and scrap a proposed new test that had been met with fierce resistance from Wall Street,...
Posted: 2019-08-13 13:46:46
Third Point cuts United Technologies stake after opposing Raytheon deal
Hedge fund Third Point LLC said on Tuesday that it recently cut its investment in United Technologies Corp , becoming the second activist hedge fund to sell shares after the company announced...