Household debt jumps by the most in 14 years to nearly $15 trillion in the second quarter
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters Household debt rose by its highest dollar amount in 14 years during the...
Infrastructure bill pulls $31 billion from Covid disaster loan program
d3sign | Moment | Getty Images A Senate infrastructure measure unveiled this week would pull $31 billion from a Covid disaster-loan program for businesses. The Economic Injury Disaster Loan program was one of the mechanisms Congress used to help ailing...
Biden approval ratings on Covid and economy fall in new CNBC All-America survey
President Joe Biden held on to his overall approval rating in the latest CNBC All-America Economic Survey but showed weakness in two key areas as the public’s views on the economy and the outlook for the virus soured. In the...
Bearish trend signals stocks are vulnerable to a 10% to 15% correction
The market appears to be doing something that happens ahead of corrections. When the S&P 500, Nasdaq and the CBOE Volatility Index rise together, BTIG’s Julian Emanuel warns it’s often a precursor to a 10% to 15% pullback. “Whenever we’ve...
Fed Governor Waller sees reduction in bond purchases possibly starting in October
The Federal Reserve could begin slowing down its bond purchases as early as October under a scenario central bank Governor Christopher Waller set out to CNBC in a Monday interview. Should the August and September jobs report show growth in...
Nio delivered fewer cars than Xpeng and Li Auto did in July
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — Chinese electric car start-up Nio, which has led...
Utilities are struggling to keep the lights on as fires, drought plague California
A customer shops for groceries at La Tapatia Market during a blackout in Napa, California, on Wednesday, Oct. 9, 2019. David Paul Morris | Bloomberg | Getty Images The electric grid in the West is being tested like never before...
Stocks making the biggest moves midday: Amazon, P&G, Caterpillar and more
In this photo illustration an Amazon logo is displayed on a smartphone with stock market percentages in the background. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Amazon — Amazon shares fell...
The IRS has issued $10 billion in tax refunds on unemployment benefits. Here’s why another break is unlikely next year
Stefani Reynolds/Bloomberg via Getty Images The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth about $10 billion, the agency sent since...
Delays for unemployment benefits persist, over a year into pandemic
A career fair in Louisville, Kentucky, on June 23, 2021. Luke Sharrett/Bloomberg via Getty Images Unemployment benefits are still not reaching people quickly, over a year into the Covid pandemic. About 38% of workers who got their first payment of...
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Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
DailyFX Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points:This is the second of a ten-part series in which ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading?Traders face a barrage of information when they ... 
DailyFX Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points:This is the fifth of a ten-part series in which ... |