Warren Buffett says he's sold about a third of his 81 million shares.
But consumer growth is expected to rebound in the current quarter
The U.S. economy turned in the weakest performance in three years in Q1, but wages and benefits to U.S. workers grew.
A look at consumer confidence in the U.S. and Canada.
The minutes of the Fed’s discussion at its March meeting show that several Fed officials believe Trump’s stimulus plans will likely not begin until next year. In fact, the minutes indicate about half the Fed officials hadn’t included any assumptions about Trump’s efforts in their economic forecasts. Read: Look for dividend growers as rates rise […]
The response from investors has been something akin to a yawn, reports AP.
U.S. employers added a robust 235,000 jobs in February and raised pay at a healthy pace, making it all but certain that the Federal Reserve will raise short-term interest rates next week. Friday’s jobs report from the government made clear that the economy remains on solid footing nearly eight years after the Great Recession ended. […]
Federal Reserve Chair Janet Yellen signalled Friday that the Fed will likely resume raising interest rates later this month.
Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3% in January from December to a seasonally adjusted annual rate of 5.69 million, reveals U.S. data from the National Association of Realtors. However, sales remain 21.5% below the all-time peak in 2005, says […]
This week, Federal Reserve Chair Janet Yellen will be put to the test as she delivers her semi-annual testimony to Congress.