Facebook Defends Libra Cryptocurrency in Sometimes-Hostile Senate Hearing

Facebook Defends Libra Cryptocurrency in Sometimes-Hostile Senate Hearing

Facebook's head of crypto David Marcus received tough questioning on the Hill on Tuesday, primarily from Democratic Senators.

The Euro at 20: Why This Currency Matters

The Euro at 20: Why This Currency Matters

The common currency has survived struggling member economies and today represents 20 percent of the world's global reserve holdings.

Trump Tweets Facebook's Libra 'Will Have Little Standing or Dependability"

Trump Tweets Facebook's Libra 'Will Have Little Standing or Dependability"

President suggests Facebook would have to seek bank charter to proceed with its cryptocurrency plans.

Economist Perspective: Taxing Tariffs

Economist Perspective: Taxing Tariffs

Who's paying the tariffs, or taxes in the trade war?

Market Touches 3000 on Fed Talk, But Will Powell's Words Lose Power?

Market Touches 3000 on Fed Talk, But Will Powell's Words Lose Power?

The market has been running on hopes of a dovish Fed, but when will the market stop celebrating the same news over and over?

July Market Outlook: Summer Sunshine or Unsettled Weather?

July Market Outlook: Summer Sunshine or Unsettled Weather?

Adviser Rob Isbitts says 2019 looks great so far -- until you remember what it followed in the fourth quarter of last year.

Fed's Powell Tells Congress Economy Is 'Solid' but Sees 'Risk' of Weak Inflation

Fed's Powell Tells Congress Economy Is 'Solid' but Sees 'Risk' of Weak Inflation

Federal Reserve Chairman Jerome Powell says during his every-six-months testimony before the U.S. House of Representatives that uncertainties over global trade 'continue to weigh on the outlook.'

Bank of America, U.S. Lenders Could See Stocks Drop as Fed Cuts, Goldman Warns

Bank of America, U.S. Lenders Could See Stocks Drop as Fed Cuts, Goldman Warns

Futures-market investors see it as a near-certainty that the Federal Reserve will cut interest rates later this month, after raising them from 2015 through last year. But a new report from Goldman Sachs warns that shareholders in U.S. banks like JPMorgan may not have fully accounted for the risk of shrinking lending margins.

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

Trump's Call for Federal Reserve Stimulus Undermined by Strength of Own Economy

President Donald Trump has repeatedly criticized his own Federal Reserve chair, Jerome Powell, for keeping U.S. interest rates too high, despite a projected slowing in the economy. Yet a Labor Department report Friday showed that U.S. jobs growth continued at a strong pace in June, prompting some economists to assert that drastic monetary stimulus isn't warranted.

5 Numbers to Watch in the June Jobs' Report

5 Numbers to Watch in the June Jobs' Report

Another month, another jobs report. Here are the statistics you need to know as markets react to the June jobs number.