Economy - Finance

7-Cent Biscuits Are Too Pricey for Indian Workers

51 minutes ago   |   Washington Post

When consumers can't afford snacks, something is wrong. Cheap credit can help solve the problem of suppressed wages.
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China Warns U.S. On Tariffs: Don't Underestimate Determination Of The Chinese People

China Warns U.S. On Tariffs: Don't Underestimate Determination Of The Chinese People

2 hours ago   |   Huffington Post

China's Ministry of Commerce issued the warning after President Donald Trump announced more tariffs on goods imported from the country.
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The 2020 Democratic field is slowly narrowing. Elizabeth Warren supporters tell us why they think she can go the distance

The 2020 Democratic field is slowly narrowing. Elizabeth Warren supporters tell us why they think she can go the distance

9 hours ago   |   Chron

Lauren Frias/Business Insider Presidential candidate Elizabeth Warren appeared at her 127th town hall on Wednesday evening before an estimated 4,000-person audience in Los...
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Relocating for a Job? 5 Things to Consider

9 hours ago   |   Fortune   |   2 articles

Prime moving season is upon us, with balmy weather and a new school year just about to start. While more than 3 million people in the U.S. move for work reasons every year...
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Larry Summers On Trade War

9 hours ago   |   NPR

President Trump deepened the trade war Friday, in response to retaliatory Chinese tariffs. NPR's Scott Simon talks to former Treasury Secretary Larry Summers.
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Markets Fall After Trump Tweets

9 hours ago   |   NPR   |   2 articles

President Trump lashed out at China and the Federal Reserve and said he's ordering U.S. companies to find suppliers outside of China. There was a sharp sell-off on Wall Street.
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Letter From Pebble Beach: What a Disappointing Classic Car Auction Tells us About the 1%-and the Economy

10 hours ago   |   Fortune

The top 1% is pumping the brakes. Weak auction sales at this year's Monterey Car Week is just the latest example of how spending at the top of the economic pyramid is...
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Schedule for Week of August 25, 2019

Schedule for Week of August 25, 2019

12 hours ago   |   Calculated Risk

The key report this week is second estimate of Q2 GDP. Other key reports include Personal Income and Outlays for July and Case-Shiller house prices for June. For manufacturing...
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Target Joins Walmart In Pushing Back Against Amazon, Changing Retailing

13 hours ago   |   Forbes

Target and Walmart investments in product and merchandise technology have changed the rules of the game in retailing, by merging in-store and on-line sales.
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Here are the 5 biggest winners and losers of corporate earnings season

Here are the 5 biggest winners and losers of corporate earnings season

13 hours ago   |   Business Insider

Earnings season is coming to a close, and Markets Insider took a look at some of the biggest winners and losers from the most recent reporting cycle. Corporate earnings have...
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Democratic presidential candidates don't want to sound too happy about the...

Democratic presidential candidates don't want to sound too happy about the prospect of a Trump recession - even though it could be their ticket to victory in 2020

Democrats face a dilemma in how to respond to the looming prospect of an economic downturn, which would likely dent President Donald Trump's chances of re-election in... Read more ...

Kashkari suggests Fed use a tool from 2008 recession to fight a slowdown now

Kashkari suggests Fed use a tool from 2008 recession to fight a slowdown now

MINNEAPOLIS - As President Donald Trump stokes debate about whether the Federal Reserve is doing enough to keep the economy strong, the president of the Federal Reserve Bank of... Read more ...

Trump lashes out after Fed chief Powell signals the central bank won't cut...

Trump lashes out after Fed chief Powell signals the central bank won't cut rates as much as White House wants

Federal Reserve Chairman Jay Powell signaled in a highly anticipated speech Friday that the central bank was open to further interest rate cuts. But policymakers likely won't... Read more ...

New Home Sales decreased to 635,000 Annual Rate in July, Sales in June...

New Home Sales decreased to 635,000 Annual Rate in July, Sales in June revised up to New Cycle High

The Census Bureau reports New Home Sales in July were at a seasonally adjusted annual rate of 635 thousand. The previous three months were revised up combined. June was revised... Read more ...

More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade...

More Rate Cuts? Powell Says Fed Is Ready To Help Economy Grow Amid Trade Tensions

The central bank will "act as appropriate" to sustain the economic expansion as the trade war with China takes a toll on global growth and parts of the U.S. economy, Fed... Read more ...

Elon Musk spends a lot of time talking to Tesla owners on Twitter, but the...

Elon Musk spends a lot of time talking to Tesla owners on Twitter, but the company's stores are terrible at responding to customers

Justin Sullivan / Getty Images The online reputation-management platform Reputation.com released on Monday a ranking of automotive brands' dealerships based on over 13 million... Read more ...

Creating a Customer-Centric Culture: Share Data with Purpose

Creating a Customer-Centric Culture: Share Data with Purpose

Photo by Austin Distel Even just 20 years ago, the job of “Chief Customer Experience Officer” at companies like a regional credit union, a large insurance company, or national... Read more ...

Trump's latest tariffs could drag China's growth to its lowest level in...

Trump's latest tariffs could drag China's growth to its lowest level in almost 30 years - but there's still 'no chance' it will cave to US demands

China has consistently grown by more than 6% for almost 30 years, but Trump's latest tariffs could break that trend. The duties could slow growth by up to 0.5 percentage points... Read more ...

Trump has repeatedly badgered the Fed to slash interest rates. But many...

Trump has repeatedly badgered the Fed to slash interest rates. But many economists think patience is warranted - and could save the economy in the end

Markets and investors are watching the Federal Reserve and Chair Jerome Powell for signs of upcoming rate cuts at this week's economic symposium in Jackson Hole, Wyoming. The... Read more ...

China Warns U.S. On Tariffs: Don't Underestimate Determination Of The...

China Warns U.S. On Tariffs: Don't Underestimate Determination Of The Chinese People

China's Ministry of Commerce issued the warning after President Donald Trump announced more tariffs on goods imported from the country. Read more ...