10 August 2020
Unemployment Claims Drastically Rise
The U.S. economy contracted at a record rate last quarter and weekly jobless claims rose for the second straight week.
Paycheck Protection Program
Donald Trump signed legislation to extend a federal government program that provides forgivable loans to small businesses hurt by the coronavirus crisis.
Stock Rally Loses Steam in Volatile Session
A rally in U.S. stocks fizzled Monday after California rolled back its reopening plans, spurring worries about another coronavirus lockdown..
Why It’s So Hard To Predict The Next Bear Market
CFA, Senior Investment Strategist, Vanguard Investment Strategy Group
Most adults have seen enough detective movies to know that no 2 fingerprints are alike.
Oil Prices Soar On OPEC Pact
Oil prices soared in the second quarter as geopolitics weighed on supply, helping to...
Wall Street Pummeled By Escalating Trade Row
U.S. stocks sank in a broad sell-off on Monday, with the S&P 500 dropping more than 1.5...
Dow Closes Lower For A 6th Straight Session
U.S. stocks finished in the red on Tuesday, albeit off session lows, as investors shed...
Fed Nudges Up Interest Rate Hike Path
Federal Reserve officials raised interest rates for the second time this year and...
The Fed Has A Surprise In Store
The Federal Reserve could have a surprise in store for investors this week, even if...
U.S. Tariffs Prompt Anger
The U.S. will impose tariffs on steel and aluminum imports from Canada, Mexico and the...
US Policy Stirs Foreign Markets
U.S. foreign policy has driven sharp swings in global markets this summer, drawing...
Turkish Crisis Rattles Currency Markets
The Turkish lira plunged Friday on investor concerns that the country won’t repay its...
Economists See Two More Fed Rate Increases This Year
Most private economists see the Federal Reserve raising short-term interest rates two...
Fed’s Powell On Capital Hill
Federal Reserve Chairman Jerome Powell heads to Capitol Hill Tuesday for his second pair...
China Says US Opening Fire With Tarrifs
China accused the United States on Thursday of “opening fire” on the world with tariffs...
Automakers Warn Tariffs Will Cost Many Jobs
Two major auto trade groups on Wednesday warned the Trump administration that imposing up...
Side Hustles Are The New Norm
Nearly one in four Americans has a side hustle, but their moonlighting gigs aren't always...
OPEC, Non-cartel Agree To Share Increased Oil Production
OPEC nations and other countries outside the cartel agreed Saturday to share increased...
Tweets by @RetireBetter
What's Best: Traditional IRA vs. Roth IRA? 2016-03-27 Which is the best choice...
Treasury Department To Exhaust Borrowing Capacity By October 17 2013-09-25 In a...
The U.S. economy contracted at a record rate last quarter and weekly jobless claims rose...
Millennials Need to Plan for Retirement Now 2015-07-01 Most millennials expect...
U.S. Inflation Steadily Firming
U.S. consumer prices recorded their largest increase in nearly 6-1/2 years in the year...
China To Hit Back Over US Proposal
China accused the United States of bullying and warned it would hit back after the Trump...
Auto Sales Kept Solid Pace In June
U.S. automakers are expected to report an increase in June sales amid a strong economy...
Stock Market Investors Brace For Week Ahead
Stock-market bulls brushed off an escalation in trade tensions and an awkward-at-best...
Copyright © 2020 FamilyWealth