Esther George says the Fed's 'large balance sheet' may have helped cause the yield curve inversion
Kansas City Fed President Esther George said the Federal Reserve may be partly responsible for the yield curve inversion.
Kansas City Fed President Esther George said the Federal Reserve may be partly responsible for the yield curve inversion.
Your 401(k) plan might be enjoying some serious growth for now, but you should think twice before tapping it in the event of an emergency.
Volkswagen CEO Herbert Diess is interested in acquiring a stake in Tesla , German business publication Manager Magazin reported on Thursday, citing company sources.
Michael Burry thinks GameStop still has upside as Sony's and Microsoft's upcoming consoles will likely have physical optic drives.
U.S. stocks opened higher on Thursday, as strong results from retailers including Nordstrom reinforced confidence in consumer demand, while investors look ahead to Fed Chief Jerome Powell's speech for more clues on future interest rate moves.
Mediaset has filed a complaint with Italy's market watchdog, accusing shareholder Vivendi of leaking information with a view to scuppering its corporate restructuring plans, the Italian broadcaster said on Thursday.
Volkswagen on Thursday denied a media report which suggested that the German carmaker was interested in buying a stake in United States electric car manufacturer Tesla.
U.S. mortgage firms are getting back into joint marketing and advertising arrangements, reviving a controversial practice that was effectively banned in the aftermath of the 2007-2008 subprime mortgage crisis.
Volkswagen CEO Herbert Diess wants to take a stake in Tesla to access the U.S. company's software and batteries technology, German business publication Manager Magazin reported on Thursday.
Thursday marks Black Women's Equal Pay Day, which is when the combination of their wages so far this year, plus all of their 2018 income, matches what white men earned last year alone.
The number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession.
"If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-author says.
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.
China snapped up a small volume of U.S. soybeans last week after pledging to halt purchases of American farm products due to the escalating trade war between Washington and Beijing, U.S. Department of Agriculture data showed on Thursday.
U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who were detained by China late last year.