Fed Chair Sees China Virus as Possible Risk to World Economy

Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest rates low after its latest policy meeting.

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Trump Scores Major Back-to-Back Trade Victories

The US Senate has voted in a move that gives President Trump back-to-back victories on his trade agenda, approving the new United States-Mexico-Canada agreement Thursday and sending it to the president for his signature.

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US Employment Remains Strong, 145,000 Jobs Added in December

U.S. employers added 145,000 jobs in December and the unemployment rate held steady at 3.5%, signaling that the job market remains strong at the start of 2020 even if hiring and wage gains have slowed somewhat more than a decade into an economic expansion.

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2019's $5.9T Stock Boom Was More Than Double the Spike Presidents Normally Get in a First Term

Wall Street is hoping for another strong year after stocks in 2019 had its best return in six years.

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Economy Booming as Shopping and Stocks Set Records in 2019

Wall Street investors are looking to finish the year with a bang as stocks continue to set new records.

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How To Avoid Overspending This Holiday Season: Study Shows Effects on Non-Prime Consumers

You've overspent during past holiday seasons, but you're determined not to let it happen this year. What's your plan to prevent painful post-holiday bills? A study from Elevate's Center for the New Middle Class (CNMC) may be able to help.

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'It's Unbelievable': Consumer Confidence Soars as Economy Steadily Improves

Financial markets globally and in the US are looking up.  The DOW, S&P 500, and NASDAQ hit record-closing highs Tuesday as a stock rally extended into five straight sessions. 

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Markets Are Soaring, but Boeing Is Not: Big Halt to 737 Max Production Could Hurt US Economy

Markets appear to be responding to the positive trade news coming out of Washington. One potential drag on the economy could be Boeing's decision Monday to halt production of its 737 Max airplane.

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9 Tips to Maximize Free Shipping on Your Holiday Shopping

Are you a procrastinator who hasn't started your holiday shopping yet? If not, are you still hunting for deals even after Black Friday, Small Business Saturday, Cyber Monday and Green Monday? In any case, you still want to take advantage of online bargains and free shipping offers.

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US and China Near Deal that Would Suspend Planned Tariffs

The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.

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Fed Leaves Low Rates Alone and Sees No Moves in Near Future

Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year - and possibly longer. 

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9 Scams To Watch Out For This Holiday Season

Holidays are supposed to be a joyous time – but scammers can replace the joy of the season with the headaches of fraud. Help yourself and take some simple precautions to keep the Grinches out of your bank accounts during the holidays.

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US Gains a Robust 266,000 Jobs; Unemployment Falls to 3.5%

Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off trade conflicts and a global slowdown and added 266,000 jobs.

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The Santa Claus Rally: Early Holiday Sales Shatter Records to the Tune of $72B

Shoppers are setting holiday sales records this year thanks in part to early promotions, online buying and winter storms over the Thanksgiving weekend. 

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7 Ways To Protect Yourself From Identity Theft This Black Friday

What does Black Friday protection mean to you? Maybe it's helmets and elbow pads as you battle your fellow consumers for doorbuster deals. Maybe it's protecting your space in line. Maybe it should be taking precautions to prevent identity theft.

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Fed Cuts Rates for a 3rd Time but Signals It Will Now Pause

The Federal Reserve cut short-term interest rates Wednesday for a third time this year to try to support the economy. But it signaled that it plans no further cuts unless it sees clear evidence that the economic outlook has worsened.

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'A Crushing Burden of Debt'? US Deficit Approaches $1 Trillion Mark, Highest in 7 Years

The federal deficit is the highest it's been in seven years. 

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China to Lift Punitive Tariffs on US Soybeans, Pork

China will lift punitive tariffs imposed on U.S. soybeans and pork in a trade war with Washington, a state news agency said Friday, adding to conciliatory gestures by the two sides ahead of negotiations.

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US Stocks Jump on Scheduled Resumption of US-China Trade War Talks

Stocks shot up Thursday as investors were encouraged to hear that China hasn't given up on resolving the trade dispute with the US.

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Report Shows US Deficit to Exceed $1 Trillion Next Year

America's debt is growing to levels not seen since World War II. 

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