March 7th, 20180107Wall Street wobbled a bit Wednesday after the news that President Donald Trump's top economic advisor had resigned after opposing the White House's planned tarrifs on imports of steel and aluminum, according to a USA Today article.
Gary Cohn, a former Goldman Sachs executive, has been seen as a proponent of free trade and has been...
February 22nd, 20181124Expectations the Federal Reserve will pick up the pace of raising borrowing costs lifted Treasury yields and the U.S. dollar Thursday — while dampening gold futures.
Market Watch reported that April gold fell $5.80, 0.4 percent, to $1,326.20 an ounce.
Gold had finished higher Wednesday. But minutes from a Fed meeting showed...
February 21st, 20181114Gov. Nathan Deal announced a proposed tax cut for Georgians during a press conference Tuesday.
"This is the first income tax decrease in the history of Georgia," said Sen. Chuck Hufstetler, R-Rome, in a Northwest Georgia News article. "And it's a true middle class tax cut."
The plan would cut the top state income tax rate from...
February 20th, 20181114Disappointing quarterly results from Walmart helped cause the S&P and Dow to fall Tuesday, after six straight days of gains, according to a Reuters article.
Shares of Walmart, the world's biggest brick-and-mortar retailer, fell more than 9 percent after the company reported a lower-than-expected profit. The company also posted a...
February 15th, 20180141The Internal Revenue Service has now issued two separate alerts warning taxpayers about a scam that went from hitting a few hundred victims "to several thousand in just days."
The scam seems to have taken root after several tax practitioners' computers were breached earlier this month. The hackers allegedly gained access to client...
February 14th, 2018198The Consumer Financial Protection Bureau recently released a five-year Strategic Plan meant to keep the agency from "misusing" its powers.
That's according to the CFPB's Acting Director Mick Mulvaney, who has expressed concerns the CFPB was too aggressive in the past.
>> Related: Here are five things you need to know...
February 12th, 20180106The Consumer Financial Protection Bureau is getting less aggressive.
That's according to a memo obtained by NPR on Monday. The station reported that the CFPB plans to unveil a "revised mission and vision of the bureau" for 2018 through 2022 which will require the agency to "fulfill its statutory responsibilities but go no further,"...
February 12th, 20181161Swiss bank Credit Suisse faces a class action lawsuit from the U.S. over write-downs it allegedly took in 2016 and 2016. The bank said the lawsuit is "without merit," according to a Reuters article.
The Swiss newspaper SonntagsZeitung reported Sunday that the bank took $1 billion in write-downs during that time linked to its trading...
February 9th, 20180130President Donald Trump signed a bipartisan budget agreement Friday morning, ending the five-hour government shutdown that had begun at midnight.
The spending deal will last for two years, according to an NPR article.
The deal suspends hard caps on discretionary funding and includes a one-time emergency influx of about $90 billion...