Fed's Hammack says US needs to maintain restrictive policy amid inflationary pressures
The U.S. Federal Reserve needs to maintain a restrictive stance of monetary policy to get inflation down to its 2% target, Cleveland Fed President Beth »
Auto Parts Maker First Brands Files for Bankruptcy
First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto supplier’s use of opaque »
China Controls 80% of Batteries: Can North America Catch Up?
Americans have more money in stocks than ever before. Economists say that’s a bright red flag
Americans have more money in stocks than ever before. But while the market’s climb may be inflating their accounts, they are more exposed than ever »
Pending Home Sales Rise from Near-Record Lows
There was a lot of housing-promo hoopla in the media this morning about that 4.0% month-to-month increase in pending sales of existing homes in August, »