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As U.S. Economy Downshifts, Fed Chief Powell Prepares to Alter His Message

As U.S. Economy Downshifts, Fed Chief Powell Prepares to Alter His Message

The Federal Reserve's monetary-policy committee, after a two-day meeting that culminates on Wednesday, is likely to scrap a pledge for 'patience' on setting interest rates, paving a way for a rate reduction in July, according to economists at Deutsche Bank.

Libra: What You Need to Know About Facebook's New Cryptocurrency

Libra: What You Need to Know About Facebook's New Cryptocurrency

Facebook's first blockchain-backed payment initiative is here. Here's what investors and crypto enthusiasts need to know.

U.S. Housing Starts Fall Less Than Expected in May After Drop in Mortgage Rates

U.S. Housing Starts Fall Less Than Expected in May After Drop in Mortgage Rates

Builders started 1.269 million new home-construction projects during May, the Census Bureau says, down from the prior month's 1.29 million. But the figure for housing starts still exceeded Wall Street expectations for 1.245 million new projects in May.

Jim Cramer: Launch of Libra Cryptocurrency Is a Great Reason to Buy Facebook

Jim Cramer: Launch of Libra Cryptocurrency Is a Great Reason to Buy Facebook

This initiative, targeting the unbanked, will go a long way to repairing FB's tattered reputation.

Facebook Gains as Market Finds Crypto Opportunity Intriguing

Facebook Gains as Market Finds Crypto Opportunity Intriguing

Facebook is fomenting optimism on its blockchain bets, despite traditional cryptocurrency criticism.

Citizens Financial CEO Talks Trade, Regulatory Environment and Consolidation

Citizens Financial CEO Talks Trade, Regulatory Environment and Consolidation

Watch the video interview with Bruce Van Saun, who believes Washington D.C. can focus more on strengthening the current positive economic environment.

U.S. Retail Sales Up 0.5% in May, Slightly Slower Than Economists Expected

U.S. Retail Sales Up 0.5% in May, Slightly Slower Than Economists Expected

Retail sales rose 0.5% in May, a government report shows. Economists had projected an increase of 0.6% from April levels.

Is Trump's Economy Something or Nothing? Wall Street Bickers Over the Question

Is Trump's Economy Something or Nothing? Wall Street Bickers Over the Question

Wall Street economists project that the U.S. economy will slow to 2.2% this year from 2.9% in 2018, causing President Donald Trump's administration to fall short of its pledge of 3% growth. But all that could change if the president terminates his trade war -- and it's largely within his control.

What Is Private Banking?

What Is Private Banking?

After making enough money, banks open up their private services for you to protect your wealth. But what are these services, and are they worth your time and money?

U.S. Inflation Slows in May to 0.1%, Thanks to Drop in Energy Prices

U.S. Inflation Slows in May to 0.1%, Thanks to Drop in Energy Prices

Prices on consumer purchases, excluding food and energy, rise by 0.1% in May after a gain of 0.3% in April, a report from the Labor Department's Bureau of Labor Statistics shows.