Michelle W. Bowman made the statement on Wednesday morning meeting of the Forum Club of the Palm Beaches.
Russian President Vladimir Putin lowered his country's threshold for a nuclear strike in response to the reported Ukrainian attack.
Fortis highlights geopolitical tensions and trade policy shifts as potential disruptors, particularly for sectors tied to global supply chains. It also cautions that sustained low interest rates can fuel asset bubbles.
The budget deficit of the U.S. government in October 2023 was $67 billion.
FTX is suing Binance and its former CEO, Changpeng Zhao, for $1.8 billion, accusing them of engaging in a fraudulent share deal in July 2021.
The Federal Reserve's Neel Kashkari cautioned that if the tariffs trigger a tit-for-tat response, it could create significant challenges and uncertainty.
'Shark Tank' host says companies are diverting money that could have been used for expansion, wage hikes to stockpile goods before tariffs are imposed
An increase in oil production, which is already the highest in the world, could lead to lower prices and smaller corporate profits
Dan Gallagher was a SEC commissioner between 2011 and 2015
Polymarket is planning a return to the United States after it shut out American crypto bettors in 2022 in compliance to a CFTC settlement.
According to Jerome Powell, chair of the Federal Reserve, Donald Trump's election victory will not effect monetary policy actions.
The president-elect's campaign promises of tariffs and tax cuts are expected to drive up the debt and stoke inflation
Action on tariffs, taxes, immigration and regulations could have huge effects on Walmart, Costco and Target
U.S. stock markets made huge advances in trading on Wednesday after Donald Trump was reelected to the White House.
While polls have shown the race for the White House on a knife-edge, the Republican appeared to be faring better than his Democratic opponent and Vice President Kamala Harris in early projections.
William Rothrock, a certified structured settlement consultant, explains why the challenges do not end with a settlement in the aftermath of a life-altering injury.
Consumers and the government picked up spending in the 3rd quarter.
Consumer confidence rises while job postings fall to 7.4 million.
The number of new jobless claims was actually lower than the previous week.
Uncertainty about the upcoming US elections had cooled economic activity across the country, the Federal Reserve said Wednesday, noting that many businesses and consumers were pausing major decisions until after Election Day.
The index was unchanged while a slight rise was expected
His latest proposal adds to a series of tax incentives Trump has offered to appeal to key voter groups.
Attorney General Merrick Garland said the Canadian-based bank 'created an environment that allowed financial crime to flourish'
The cost-of-living adjustments are tied to the rate of inflation as measured by the Bureau of Labor Statistics
The gains came as the Federal Reserve's monthly meeting minutes indicate the likelihood of another 50 basis points interest rate cut on the horizon.
The cooling inflation rate in the United States means smaller increases for 70 million people who are collecting benefits.
According to the Energy Information Administration, U.S. dry gas production is expected to decrease from last year's 103.8 billion cubic feet per day (bcfd) to 103.5 bcfd this year.
Beijing has struggled to reignite business activity as officials target around five percent expansion, which analysts say is optimistic given the numerous headwinds, from a prolonged housing crisis to sluggish consumption and local government debt.
The recovering U.S. economy showed it isn't out of the woods yet when it comes to a soft landing as three frightening factors reared their ugly heads on Monday.
'Brent crude is back to challenge $80' a barrel, Ole Hansen, head of commodity strategy at Denmark's Saxo Bank, said in a note to investors.