Monetary policy: Argentina takes its bitter medicine
Illustration: Jonathan Williams Gradualism is dead in Argentina. In its place a new strategy has been devised to...
Consumer sentiment holds steady in May as Americans anticipate Fed rate hikes
Consumer sentiment was slightly higher than anticipated in the beginning of May, coming in line with revised April...
GOP Sen. Pat Toomey: President Trump doesn’t have the authority to exit NAFTA
Sen. Pat Toomey told CNBC on Friday the Trump administration doesn’t have the unilateral authority to pull out...
JP Morgan upgrades Verizon, says hefty dividend and 5G plans will boost shares
Verizon Communications shares should rise this year as a healthy dividend yield lures investors ahead of clarity on...
Bitcoin drops to 3-week low, other cryptos plunge after prosecutors raid largest Korean exchange
Major cryptocurrencies tumbled Friday after news prosecutors raided UpBit, the largest cryptocurrency exchange in South Korea. Bitcoin fell...
St. Louis Fed’s Bullard says rates already near neutral, no more raises needed
St. Louis Federal Reserve Bank President James Bullard on Friday spelled out the case against any further interest...
Forward guidance doesn’t always map the route
After the financial crisis rocked the framework of monetary policy, rate setters took to giving “forward guidance” to...
Your first trade for Friday, May 11
The “Fast Money” traders shared their first moves for the market open. Tim was a buyer of the...
US needs to pressure foreign countries to pay more for drugs with trade agreements, HHS’ Azar says
The U.S. needs to get other governments to pay more for prescription drugs through trade negotiations and agreements,...
US import prices rise less than expected in April
U.S. import prices increased less than expected in April as a rebound in the cost of petroleum products...
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