The Fed Comes to Its Senses, Lowers Interest Rate

Greg Wilpert / The Real News Network Sep 20, 2019 Co-director of the Center for Economic and Policy Research Mark Weisbrot explains how Jerome Powell may have staved off a recession. Dig deeper ( 8 Min. Read )

Central Bankers’ Desperate Grab for Power

Ellen Brown / Truthdig Sep 17, 2019 Central bankers are proposing a radical economic reset that would shift even more power from governments to themselves. Dig deeper ( 5 Min. Read )

Trump Says He’ll Put 10% Tariffs on Remaining China Imports

AUL WISEMAN, KEVIN FREKING and JOSH BOAK / The Associated Press Aug 1, 2019 The additional tariffs risk further souring relations between the world's two largest economies—and negatively affect U.S. consumers. Dig deeper ( 4 Min. Read )

Fed Cuts Its Key Rate for First Time in More Than a Decade

MARTIN CRUTSINGER / The Associated Press Jul 31, 2019 The benchmark's quarter-point drop is in response to economic pressures from Trump's trade wars, low inflation and poor global outlook. Dig deeper ( 4 Min. Read )

Senate Panel Casts Skeptical Eye on Facebook’s Digital Currency Plan

MARCY GORDON / The Associated Press Jul 16, 2019 An official with the social network pledges to work with regulators to achieve a system that protects the privacy of users' data. Dig deeper ( 4 Min. Read )

Trump Attacks Federal Reserve Again, Wants Interest Rate Cut

The Associated Press Jun 24, 2019 The president claims the stock market and economic growth would be considerably higher if the bank did not behave like a "stubborn child." Dig deeper ( 1 Min. Read )

Facebook’s Authoritarian Money Grab

Jacob Bacharach / Truthdig Jun 21, 2019 The tech behemoth’s bid to create its own pseudocurrency à la China’s WeChat is likely to flop, but we can't afford to write it off. Dig deeper ( 5 Min. Read )

Fed Leaves Its Key Rate Unchanged but Hints of Future Cuts

MARTIN CRUTSINGER / The Associated Press Jun 19, 2019 The Fed says that because "uncertainties" have increased, it would "act as appropriate to sustain the expansion." Dig deeper ( 3 Min. Read )

The Numbers Behind America’s Appalling Wealth Gap

Jake Johnson / Common Dreams Jun 17, 2019 A People's Policy Project analysis finds the top 1% has gained $21 trillion since 1989 while the bottom 50% has lost $900 billion. Dig deeper ( 1 Min. Read )

U.S. Hiring Slows Amid Trade Rifts and Weaker Global Economy

CHRISTOPHER RUGABER / The Associated Press Jun 7, 2019 Employers added just 75,000 jobs in May, a sign that businesses are becoming more cautious. Dig deeper ( 4 Min. Read )

The Banking Model That’s Bankrupting Americans

Ellen Brown / Truthdig Jun 3, 2019 The U.S. government is unnecessarily feeding the “financialized” economy in which money makes money without producing new goods and services. Dig deeper ( 7 Min. Read )

Worsening U.S.-China Trade Tensions Rattle Financial Markets

ALEX VEIGA / The Associated Press May 7, 2019 The Dow tumbles more than 470 points as investors dump shares of companies that bring in significant revenue from China. Dig deeper ( 3 Min. Read )