GE’s latest earnings are a last-chance showing for its CEO

Jul 21, 2017
General Electric is expected to report its second quarter earnings before the markets open today . It’ll be longtime CEO Jeffrey Immelt’s last chance to seal his legacy at the company before stepping down at the end of the month. GE’s stock has earned the distinction of being the worst performer in the Dow Jones […]

Big banks post record quarterly profits, but they don’t court our cash

Jul 14, 2017
Four big banks (JPMorgan Chase, Citigroup, PNC, Wells Fargo) reported earnings today, all beating expectations, especially JPMorgan, which posted its best quarter ever. That wind in the banks’ sails comes in the form of higher interest rate levels after three straight rate hikes by the Federal Reserve. That means banks get to charge you more […]

Why do economists say we need inflation anyway?

Jul 14, 2017
Inflation has been consistently lower than the Federal Reserve’s target of 2 percent. Fed Chair Janet Yellen highlighted this fact in recent congressional testimony. Most consumers and business owners would just as soon see inflation remain low: consumers can afford more goods and services without having to earn higher wages, and businesses never like to […]

Now we can measure economic policy uncertainty

Jul 12, 2017
"As economic policy becomes less clear and more uncertain, small businesses are more hesitant to invest," economist says.
Traders monitor prices in the Volatility Index (VIX) pit at the Chicago Board Options Exchange.
Scott Olson/Getty Images

Snap’s share price falls below its IPO level - a case of buyers remorse?

Jul 11, 2017
Analysts have questioned the company's ability to keep advertisers happy.

Why aren't more bankers in jail after the financial crisis?

Jul 11, 2017
A look at why the Department of Justice pursues settlements instead of indictments.
Two employees of Christie's auction house maneuver the Lehman Brothers corporate logo on September 24, 2010 in London, England. Lehman Brothers, a financial services firm, was a key entity in the financial crisis that was not deemed too big to fail.
Oli Scarff/Getty Images

Will new IPO rules encourage more public offerings?

Jul 10, 2017
The Securities and Exchange Commission wants to encourage more companies to go public. More IPOs, the thinking goes, can be good for the economy. Starting today, the government has instituted a new rule allowing all companies, regardless of their size, to file IPO paperwork confidentially. The filings don’t become public until about 15 days before […]

For public good, not for profit.

Is Trump headed for a trade war at the G-20 summit?

Jul 7, 2017
US guidance has been a constant at the economic gathering. That's not the case this year.
President Donald Trump arrives at the start of the the G20 summit on July 7, 2017 in Hamburg, Germany. 
Sean Gallup/Getty Images

Here are the hot jobs in this low unemployment economy

Jul 7, 2017
The June unemployment report is out today, and we’re looking at which jobs are in demand in our near-full employment economy. How can you tell which occupations are hard to fill? One way is to see where employers are raising salaries to attract new workers. Pharmacy tech, registered nurse, software engineer, data scientist — if […]

Whatever happened to the U.S. trade deal with Europe?

Jul 6, 2017
We take a look at the Transatlantic Trade and Investment Partnership, or TTIP, the U.S. trade agreement with the European Union.