Dec 21 Poll: How stressed are Americans this holiday season? By Laura Santhanam Many people held the looming threat of credit card debt in the same regard as irritating family members. Continue reading
Dec 20 Watch 6:01 Comedy duo the Lucas Brothers on ‘survivor’s guilt’ and Bernie Sanders By Paul Solman The Lucas Brothers are an identical twin comedy duo raised in the inner city of Newark, New Jersey. Keith and Kenny both graduated from college and began law school before deciding to pursue comedy. Now in their 30s, the brothers… Continue watching
Dec 20 Trump signs $867B farm bill without food stamp program cuts By Associated Press Agriculture Secretary Sonny Perdue says the regulation to tighten work requirements was a tradeoff for Trump's support for the bill. Continue reading
Dec 20 Dow sinks more than 400 points as slowdown fears worsen By Marley Jay, Associated Press It was another miserable day on Wall Street as a series of big December plunges continued, putting stocks on track for their worst month in a decade. Continue reading
Dec 20 Fed Chair Powell embraces the uncertainty of future interest rate hikes By Josh Boak, Associated Press As the Federal Reserve edges closer to ending its rate hikes altogether, its decision-making has become trickier. Continue reading
Dec 19 Stocks dive to 15-month low after Fed raises rates again By Marley Jay, Associated Press The U.S. central bank said it expects to increase interest rates at a slightly slower pace next year, and also said it isn't planning any changes in the gradual shrinking of its large bond portfolio. But investors appeared to hope… Continue reading
Dec 19 Watch 6:35 Markets drop as Fed signals it’s not done raising interest rates yet In a sign of confidence in economic growth, the Federal Reserve raised its benchmark interest rate by a quarter point, to its highest level in a decade. Fed chairman Jerome Powell said politics played "no role whatsoever" in the bank's… Continue watching
Dec 19 Column: Fix, don’t eliminate private Medicare plans By Philip Moeller People need to be aware of the shortcomings of Medicare Advantage plans compared with original Medicare, but the solution is not to get rid of Medicare Advantage altogether, writes Phil Moeller. Continue reading
Dec 19 WATCH: Fed lifts rates for 4th time this year but sees fewer hikes ahead By Martin Crutsinger, Associated Press The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifted the Fed's benchmark rate to its highest point since 2008. The increase will mean higher borrowing costs for many consumers and businesses. Continue reading
Dec 18 How the economy could become Trump’s biggest re-election threat By Jonathan Lemire, Catherine Lucey, Associated Press Trump has tied his political fortunes to the stock market in an unprecedented fashion, which could end up hurting his 2020 re-election bid. Continue reading