Category: Capital and Risk

December 11, 2019

WASHINGTON — The Federal Reserve is expected to leave interest rates unchanged at its final meeting of the year on Wednesday as officials wait to see how the economy fares after they cut rate three times in 2019. The Fed […]

December 11, 2019

The CEOs of America’s biggest companies say they expect to hire fewer people and invest less in the next six months owing to lingering worries about the economy. The Business Roundtable on Wednesday said an index that measures CEOs’ outlook […]

December 6, 2019

Gold futures dropped sharply Friday after the U.S. report on November employment came in better-than-expected, with gains last month of 266,000 new jobs, marking the biggest monthly gains since January and reaffirming the health of the domestic economy. Prices for […]

December 6, 2019

It could become easier for some personal-loan applicants to secure a loan after federal regulators announced this week that they encourage the use of “alternative data” in credit underwriting standards — so long as it’s done responsibly. The Federal Reserve […]

November 27, 2019

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter. The Commerce Department says the July-September growth rate in […]

November 26, 2019

Gold futures rebounded modestly on Tuesday, as investors kept a close eye on consumer confidence and on U.S.-China trade talks. Gold for December delivery GCZ19, +0.29% on Comex gained $3.40, or 0.2%, to settle at $1,460.30 an ounce, after opening […]

November 21, 2019

The country’s $1.5 trillion in student loan debt can weigh heavily on some borrowers, sidetracking plans for home ownership and stunting careers while they pay off loans. That debt is especially burdensome for black borrowers, according to new data from […]

November 19, 2019

The economy is clearly facing several challenges, primarily from overseas, but the three rate cuts since July should help sustain growth, said New York Fed President John Williams on Tuesday. “From the domestic point of view, things are strong and […]

November 14, 2019

In an era of negative interest rates in Europe, monetary policy should not be geared towards appeasing the banking sector, BNP Paribas Chairman Jean Lemierre has said. Speaking to CNBC’s Annette Weisbach at the BNP Conference in London on Thursday, […]

November 13, 2019

WASHINGTON — Jerome H. Powell, the Federal Reserve chair, will paint an optimistic picture of the United States economy in testimony before Congress on Wednesday, though he warns that threats to the outlook persist. “In particular, sluggish growth abroad and […]