Fed pleased with banks use of discount window borrowing

Mnuchin: We are focused on being able to provide liquidity to companies Treasury Secretary Steven Mnuchin argues providing liquidity for companies is a top priority and there is massive bipartisan support for this economy. Recent changes to borrowing policies are being received well by the financial community. Continue Reading Below The Federal Reserve Board says it is encouraged by the […]

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Why GM can't use record profits to grant striking workers' demands

FOX Business’ Grady Trimble shoved as he tried to ask Bernie Sanders a question at GM rally The picket lines got rowdy as Bernie Sanders visited striking GM workers. FOX Business’ Grady Trimble with more. Talks between General Motors and striking United Auto Workers progressed to the "Main Table" stage this week, but union members may be disappointed with salary offers since they're already among […]

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Nine smart ways to use your tax refund

Tax refunds are rolling in for many Australians, with new tax offsets for low- and middle-income earners, boosting refunds to new highs. Many will rush to spend their refund on a holiday or enjoy a more relaxed budget for a few months but there are many other smart ways to spend your refund that will either boost your wealth or […]

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Economists use beer to explain how socialism affects societies

Economists use beer to document failures of socialism in new book After completing a global drinking tour, two U.S. economists warn that socialism could lead to a drastic dry-up of adult beverages. In a political environment where the word "socialism" is thrown around often, two economists decided to see the real-world examples by using one common denominator: Beer. Continue Reading […]

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Supreme Court lets Trump use disputed funds for border wall

WASHINGTON (Reuters) – The U.S. Supreme Court on Friday handed President Donald Trump a victory by letting his administration redirect $2.5 billion in money approved by Congress for the Pentagon to help build his promised wall along the U.S.-Mexico border even though lawmakers refused to provide funding. The conservative-majority court on a 5-4 vote with the court’s liberals in dissent […]

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Trump to require increased use of US steel, iron in federal projects

Peter Navarro: President Trump is delivering on his promise to ‘Buy American, Hire American’ White House trade adviser Peter Navarro offers insight as the president hosts ‘Made in America’ week in Washington. President Trump will sign an executive order on Monday to require that the bulk of the steel and iron used in federal contracts is sourced from U.S. firms., […]

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House Dems use Obama-era photos to promote ‘kids in cages’ hearing

DHS, CBP officials push back on Democratic delegation’s claims of grim conditions at migrant detention centers Members of the Congressional Hispanic Caucus toured two Border Patrol facilities where children and families are being detained in and around El Paso, Texas; Casey Stegall reports from Dallas. Democrats on the House Oversight Committee have deleted tweets that promoted an upcoming Wednesday afternoon […]

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Does It Pay to Use a Resume Service? New Data Says Yes

Whether you're new to the job market or are a seasoned worker seeking a change, you probably know that your resume is your ticket to landing an interview and eventually getting hired. And while you can certainly knock out that resume yourself, you may be tempted to pay for a resume-writing service to do the job for you. The benefit […]

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Dollar index strengthens ahead of data, set for weekly rise

The U.S. dollar edged higher Friday, ahead of economic data, and Congressional moves that appear set to avoid a partial government shutdown, with President Trump expected to declare a national emergency on border security. “Currencies were in a holding pattern on the final trading day of the week with majors contained to 20 pip ranges in Asian and European sessions […]

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