The American economy will grow 2.2% in 2017, according to economists surveyed by the National Association for Business Economics. Those surveyed also predicted a 4.7% unemployment rate and an increase of 2.3% for consumer prices. […]
President-elect Donald Trump promised to apply a 35% tariff on goods made by US companies overseas that are shipped back to the US for sale as part of his promise to bring back manufacturing jobs […]
Financial-technology companies will be able to obtain a “special purpose charter” from the Office of the Comptroller of the Currency that allows them to operate nationally instead of meeting state-by-state rules. The charter also would […]
Next year will be a big one for stock buybacks, Goldman Sachs Group analysts say, predicting that Standard & Poor’s 500 index companies will increase repurchases by 30%, to $780 billion. Analysts from Wells Fargo […]
US President-elect Donald Trump has prioritized withdrawal from the Trans-Pacific Partnership during his first 100 days in office. Other objectives include protecting infrastructure against attack, reducing environmental restrictions and investigating abuse of visa programs for […]
President-elect Donald Trump is likely to negotiate for major changes to the North American Free Trade Agreement, rather than move to terminate it. He is expected to call for tariffs to reduce the trade deficit […]
Postelection Wall Street maintained momentum, with all three major stock market indexes at record highs when trading ended Monday. Small cap equities joined the trend, sending the Russell 2000 to a record high closing as […]
U.S. lenders appear to present a bigger risk to the financial system than last year. Citigroup (NYSE:C), BofA (NYSE:BAC) and Wells Fargo (NYSE:WFC) all face higher capital surcharges after they rose in the Financial Stability […]
Japanese Prime Minister Shinzo Abe says that he had a candid discussion with US President-elect Donald Trump during a meeting and that he has full confidence in Trump. Abe was expected to emphasize the importance […]
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