United States Treasury Designates China as a Currency Manipulator
The United States Department of the Treasury has designated China as a currency manipulator. Countries are designated as a currency manipulator when they “manipulate...
Read moreFederal Reserve Chairman Jerome Powell Says Economy Remains Strong, Announces Interest Rate Cut
Federal Reserve Chairman Jerome Powell announced today there will be an interest rate cut as they “lower the target range for the federal funds rate”...
Read moreGDP Increased 2.1 Percent in Second Quarter, While Exports Decreased and Imports Increased.
The Bureau of Economic Analysis (BEA) released the second quarter Gross Domestic Product (GDP) numbers estimating the GDP increased 2.1 percent for the period....
Read moreUS Adds 224,000 Jobs, Beating Expectations
The Bureau of Labor Statistics announced today the United States added 224,000 jobs in the month of June. Economists initially expected a much fewer...
Read moreFederal Reserve Chairman Jerome Powell Says Economy is “Strong”, Keeps Interest Rates Fixed
Today June 19, 2019 Chairman of the Federal Reserve Jerome Powell gave a speech on the state of the United States economy, and discussed...
Read moreUnemployment Falls to Lowest Levels Since 1969
Today, May 3, 2019 the Bureau of Labor Statistic released the latest unemployment rate numbers, revealing the rate declined to 3.6% (1). This new...
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