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As investors worry about a recession on the horizon, a record 7 million Americans have stopped paying their car loans. Here’s why.
Why are auto-loan defaults surging, and does it pose a broader economic threat?
President Donald Trump has asked the conservative economic commentator Stephen Moore to join the Federal Reserve Board. This is a mistake.
Trump is planning to appoint a conservative economist to the Federal Reserve Board who has repeatedly called for all its members to be fired
President Donald Trump says he will nominate Stephen Moore, who recently criticized the Federal Reserve, for a top job at the US central bank.
Yet another recession warning just flashed red — a Treasury ‘yield curve’ just inverted for the first time since 2007
A keenly watched measure of market sentiment on recession has just indicated that recession is increasingly in the cards.
A $1.6 trillion credit market could batter the global economy. And you will take the hit if it implodes, not Wall Street.
Leveraged loans have caught a lot of heat in recent months as a potential cause of the next recession and broader financial doom, but what are they?
President Donald Trump has long wanted the Federal Reserve to pause interest-rate hikes, but he probably doesn't like the reason the Fed is giving.
The Fed surprised traders by signalling there will be zero rate hikes this year and just one in 2020.
The Federal Reserve is widely expected to hold interest rates steady on Wednesday and to signal further that it may be a while before another hike.
"The prospect of low rates for longer is music to the ears of equities, as firms benefit from lower borrowing costs," said Jasper Lawler at London Capital Group.
Trump’s biggest economic goal once looked like a slam dunk — but now it’s looking like it will fall just short
Fed Chairman Jerome Powell said GDP is projected to be "a little less than 3%" in 2018, leaving the US just shy of President Trump's promised growth.