Trump Bans The Creation Of A 'Digital Dollar'
US President Donald Trump issued an executive order Thursday effectively banning the establishment of a central bank digital currency, in a move long supported by Congressional Republicans.
Asia shares buoyed by Trump's China comments, yen awaits BOJ
Global shares rose on Friday buoyed by the prospect of lower U.S. interest rates and a U.S.-China trade deal following ...
Asian Currencies Consolidate: May Strengthen on Fed Rate-Cut Prospects
Asian currencies consolidated against the dollar in the morning session but may strengthen on prospects for Fed rate cuts that would diminish the appeal of U.S. fixed-income assets and demand for the ...
UnitedHealth promotes Medicare chief to fill slain leader’s job
UnitedHealth Group Inc. promoted the head of its Medicare health plan business to lead the company’s broader insurance division, filling the job previously held by slain executive Brian Thompson. Tim ...
Trump takes aim at Fed in economic forum comments
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that ...
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Stock market today: S&P 500 climbs to a record
U.S. stocks rose to a record as Wall Street regained some of the momentum that catapulted it to 57 all-time highs last year.
President Trump demanded that interest rates drop 'immediately.' A CD can lock in high rates while they last
Trump said that he would require interest rates to come down. Find out how opening a CD now can help you prepare for falling interest rates.
Trump says he'll demand lower rates immediately, claims he knows rates better than Fed
President Trump said if oil prices come down he'll demand lower interest rates immediately, adds he knows rates 'much better' than Fed officials ...
Charles Phan, Whose Slanted Door Elevated Vietnamese Food, Dies at 62
The restaurant, which opened in San Francisco in 1995, married local ingredients with the food he grew up on and buoyed other chefs from immigrant families.
U.S. credit card defaults soar; total debt hits 12-year high
Meanwhile, a similar report from personal finance site NerdWallet found that 48% of Americans who have credit card debt say paying for necessities is a reason they carry a balance. While income has ...
CIO of world's biggest bond fund sees no Fed rate cuts for 'foreseeable future'
The Federal Reserve is done with rate cuts for the "foreseeable future" and its next move could even be to hike, Dan Ivascyn, chief investment officer at bond-fund giant Pimco told the Financial Times ...
The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less influence on interest rates.