Fed Expands Main Street Lending Program
The new program widens the pool of applicants and adds loan types.
America’s CEOs Pledge to Rethink Corporate Priorities
“These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”
China Posts Lowest Economic Growth in 27 Years
The country’s economy experienced a significant slowdown as it faces trade tensions with the United States.
Unemployment Falls To Lowest Levels Since Dot-Com Boom
The economy added 223,000 jobs in May. About 120,000 are needed to keep up with growth in the working-age population.
U.S. Economic Growth Revised Upward to 1.2%
"Economic indicators so far aren't entirely convincing on a second-quarter bounce in activity," one economist says.
Moody’s Downgrade Highlights China Fears
The rating agency says China's "financial strength will erode somewhat over the coming years" as a result of excessive economy-wide debt.
Trump’s Tax Cuts Would Offset Interest-Rate Hikes
A lower corporate tax rate would not only raise net income after taxes, it could also increase a company's borrowing capacity.
MasterCard Shares Surge on 12% Profit Gain
The company is benefiting from healthy consumer spending but faces increased costs as it spends on digital payment initiatives.
In the first-quarter Duke/CFO Business Outlook Survey, global CFOs caution President Trump about trade policy.
U.S. Economic Growth Slows to 0.7% in Q1
The sluggish GDP report "marks a rough start to the [Trump] administration's high hopes of achieving 3 percent or better growth."