Economy

Bank of America profit beats as healthy economy fuels loan growth

1 hour ago   |   Reuters

Bank of America Corp beat estimates for quarterly profit on Wednesday, as the United States' second-largest lender's loan book benefited from a healthy domestic economy.
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Why Trump's immigration bonds proposal won't work

Why Trump's immigration bonds proposal won't work

2 hours ago   |   Politico

The United States is - by far - one of the most heavily visited countries in the world. In 2018, nearly 80 million people visited the U.S., pumping over $1 trillion into its...
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Biden plan seeks to boost rural America through investments

14 hours ago   |   My Sanantonio

MANNING, Iowa - Democratic presidential candidate Joe Biden has released a broad plan to revitalize rural America through investments in agriculture, rural economies and...
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Why Recent Antitrust Regulation Isn't Really About Consumer Protection

15 hours ago   |   Fortune

In its second hearing today , the House Judiciary Committee continued its investigation into the tech antitrust issue. This latest iteration of “hipster antitrust” is nothing...
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White House expects a $1T deficit in 2019, and nobody cares

16 hours ago   |   Washington Examiner

It's worrisome enough that President Trump has allowed deficits to creep back up to $1 trillion in 2019, according to the White House's own estimates. But what's remarkable is...
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The US consumer is keeping the economy from tanking and will get another boost from the Fed

17 hours ago   |   CNBC

American consumers are flexing their muscles, and that's helping to save the economy from even slower growth as it faces what could be a protracted trade war.
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U.S. retail sales ease fears over economy; rate cut still seen

18 hours ago   |   Reuters

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business...
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Powell says financial crisis accelerated economic changes

19 hours ago   |   Star Tribune

Federal Reserve Chairman Jerome Powell says the 2008 financial crisis accelerated major changes in the U.S. and global economies, leading to slower growth, lower inflation and...
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President Trump just launched an effort to try and appeal to women voters ahead of 2020

President Trump just launched an effort to try and appeal to women voters ahead of 2020

20 hours ago   |   Business Insider   |   2 articles

The White House on Tuesday launched the campaign "Women for Trump" to appeal to women voters ahead of the 2020 presidential elections. "Women for Trump" kicked off in...
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JPMORGAN: Investors are making a major error right now. Here are the trades that can help them right the ship and crush the 2nd half of 2019

JPMORGAN: Investors are making a major error right now. Here are the trades that can help them right the ship and crush the 2nd half of 2019

20 hours ago   |   Business Insider

JPMorgan's John Normand says investors are making an critical mistake that could leave them misaligned as the US economy slows. Normand says investors are betting on strong...
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'Absolutely unimaginable': 6-year-old girl dies after being struck by...

'Absolutely unimaginable': 6-year-old girl dies after being struck by father's golf ball

Family members described the girl as her dad's "golfing buddy." Read more ...

Retired Supreme Court Justice John Paul Stevens dead at 99

Retired Supreme Court Justice John Paul Stevens dead at 99

Retired Supreme Court Justice John Paul Stevens - a strong proponent of abolishing the Second Amendment - has died, ABC News reported. He was 99. Appointed by Republican... Read more ...

US House votes to 'strongly' condemn Trump's tweets directed at...

US House votes to 'strongly' condemn Trump's tweets directed at congresswomen of color

The Democratic-led House has voted to condemn President Donald Trump's tweets telling four Democratic congresswomen of color to "go back" to their countries of origin. Read more ...

Trump Officials Face Cover-Up Allegations After Failed Citizenship Question Push

Trump Officials Face Cover-Up Allegations After Failed Citizenship Question Push

Challengers of the Trump administration's push for a census citizenship question are asking a federal judge in New York to impose penalties for allegedly false or misleading... Read more ...

Phony Ferraris, 'Shamborghinis' seized at Brazil factory

Phony Ferraris, 'Shamborghinis' seized at Brazil factory

Police said the cars were being offered on social media for $45,000 to $60,000 - a small fraction of the price of the real thing. Read more ...

Police: 6-year-old girl fatally struck by her golfing dad's ball

Police: 6-year-old girl fatally struck by her golfing dad's ball

Authorities called the situation a “tragic accident.” Read more ...

EU launches antitrust probe into Amazon's use of merchant data

EU launches antitrust probe into Amazon's use of merchant data

The world's largest online retailer Amazon is facing a “full-blown” investigation from the European Union's antitrust regulators to see if its use of other merchants' data... Read more ...

Huggies features dads on diaper box for first time

Huggies features dads on diaper box for first time

Seven designs featured in new premium diaper line Read more ...

Bank of America Merrill Lynch beats Wall Street forecasts with record...

Bank of America Merrill Lynch beats Wall Street forecasts with record second-quarter earnings

Bank of America Merrill Lynch reported record second-quarter earnings Wednesday that beat analysts' profit expectations. Watch Bank of America Merrill Lynch trade live . Bank... Read more ...

Bill Gates is no longer the second-richest person alive

Bill Gates is no longer the second-richest person alive

He's still in rarefied air, but Bill Gates is no longer the world's second-richest person. For the first time in the seven-year history of the Bloomberg Billionaires Index, the... Read more ...