Remaking the Fed: A Look Back at the Banking Act of 1935
This year marks the ninetieth anniversary of the Banking Act of 1935, the law that gave the Federal Reserve its current structure. Often overshadowed by the »
Is the U.S. Economy on Life Support? Dave Collum on Fed Dilemma and Next Big Print
Trump says Fed chair Powell should make big rate cut now
U.S. President Donald Trump on Wednesday reiterated his call for Federal Reserve Chairman Jerome Powell to cut benchmark interest rates. "Just out: No Inflation! »
Big Oil Cuts Back as $60 Oil Bites
In their first-quarter financial reports this year, Big Oil majors signaled they were doing just fine in a $60-per-barrel oil environment. Spending plans were aggressive, there »
Inflation Is More Important Than Jobs At This Point
All three major market indexes reached all-time highs yesterday on the tailcoats of gains in our largest technology companies. Investors are anticipating three quarter-point rate cuts »