News & Events

US consumer spending was much weaker in the second quarter than previously estimated
Washington, DC CNN  —  The Commerce Department’s final revision of second-quarter gross domestic...

US government shutdowns don’t send markets tanking, but the coast is far from clear
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...

US Manufacturing Contributes To Economy Same As 70 Years Ago
am EDT| Ivan Illan is Chief Investment Officer at AWAIM® and bestselling author of Success as a Financial Advisor For Dummies. It’s hard to believe that the U.S. manufacturing sector has remained...

Known Unknowns: Selling Intelligently In A Rapidly Changing Consumer Landscape
am EDT| CEO of Rallyware. Though the business community spent much of the first half of 2023 talking about a recession, it is no longer clear that one is in the offing. Quite the opposite, the...

Centene Layoffs Will See Health Insurance Provider Cut 2,000 Jobs
am EDT| Key Takeaways Healthcare provider Centene will be letting go of 2,000 staff, equating to around 3% of their workforce The cuts are being made to ensure the company remains profitable in...

Will the Fed raise interest rates one more time this year? Some economists aren’t convinced
Consumers and investors were spared from a 12th rate hike when Federal Reserve officials voted to keep their benchmark borrowing rate steady at their September meeting. Don’t take the pause as an...

Latest mortgage news: Rates blow past 7.5% as economy remains strong
hikesterson/: Illustration by Issiah Davis/Bankrate Mortgage rates punched through 7.5 percent this week, highest level since November 2000, according to Bankrate’s national survey. The average...

Government Shutdown Would Slow U.S. Economy—Adding To Shocks From Strikes And Oil Prices. Here’s What To Know.
pm EDT| Topline The U.S. government could shut down imminently unless Congress resolves a deadlock by this weekend, and though experts suggest the impact may be short-lived for the teetering...

What Happens When Startups And Small Businesses Are Taken For Granted
am EDT| (Recent Census Bureau data show new business startups in California increasingly reluctant to hire other workers, given the costs and risks—the result of years in which state government...

RSBs Can Rescue Our Retirements
am EDT| When Robert Merton, MIT finance professor and Economics Nobel laureate, speaks, we should listen. Fifty years ago, Merton, together with Fisher Black and Myron Scholes, developed the...