Whether or not the U.S. economy is headed for a recession depends on who you ask. Wall Street firm Bank of America believes that the chances of a recession just went up. Meanwhile, economist Stephen Moore reportedly says that the economy is experiencin…
As loathful as the term “central bank” should be true Bitcoin stalwarts, the sector is about to get a mini-Fed of sorts if Trump ally Stephen Moore and his happy band of blockchain developers get their way According to the Fox Business Network, Moore, …
By CCN: The Dow Jones has surged by 0.8% on the day to 26,517 points after a dip on May 2, which saw the Dow fall to as low as 26,213 points. The unexpected 1.6% decline in the Dow earlier this week is said to have been primarily triggered by the withd…
By CCN: The stock market shot higher on Friday, enabling the Dow to slam the brakes on its multiday decline. Meanwhile, President Trump dropped the shocking announcement that controversial Federal Reserve nominee Stephen Moore had yanked his name from …
By CCN: The Dow and broader U.S. stock market rose Monday, bolstered by strong consumer spending data that pointed to a firm domestic recovery at the start of the year. Although markets are enjoying record highs for now, Donald Trump’s new Federal Rese…
Donald Trump might frequently complain about the Federal Reserve and Jerome Powell, but until now no one cared. His latest move to recommend Stephen Moore for a seat on the Fed’s board is potentially explosive, with ripple effects that could hit the gl…
Trump’s pick for the Federal Reserve Board, Stephen Moore, is shrouded in controversy as he heads to the first round of confirmation questions from the U.S. Senate. Moore, who has been a vocal proponent of Trump’s economic vision, has alleged ties to a…