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Vice Chair Richard Clarida reiterates no set path

Federal reserve policymakers do not have their minds about where interest rate policy is headed, they are unfolded, central bank vice chairman Richard Clarida said Friday. With the Fed less than two weeks away from "Looking ahead, monetary policy is not on a preset course, and the committee wants to proceed on a meeting-by-meeting basis to assess the economic outlook, …

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UAW Chair accused of misappropriating union monies in contract negotiations in Detroit

Vance Pearson, UAW Region Director 5 DETROIT – A regional director of the United Auto Workers Union was accused on Thursday of embezzling union funds and other allegations of corruption as part of an expanding investigation of federal corruption in the union. According to the Attorney General, UAW Area 5 Director Vance Pearson has teamed with other union officials to …

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Trump says he will not stop Fed Chair Powell if he offers his resignation

FILE PHOTO: US President Donald Trump gestures with Jerome Powell, his candidate for US Federal Reserve chairmanship at the White House in Washington, USA, November 2, 2017. REUTERS / Carlos Barria / File Photo WASHINGTON (Reuters ) – US President Donald Trump has sharply criticized US Federal Reserve Chairman Jerome Powell on Friday, saying he will not try to stop …

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Trump slams Fed and calls Chair Powell "Golfer who can not putt"

President Trump again targeted the Federal Reserve and Chairman Jerome Powell on Wednesday before the Central Bank's minutes of their last meeting were published. Trump wrote in a tweet, "Big growth in the US, if he does the right thing, BIG CUT – but do not count on him! So far he has called it wrong and just abandoned us." …

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Trump slams Fed and calls Chair Powell "Golfer who can not putt"

President Trump again targeted the Federal Reserve and Chairman Jerome Powell on Wednesday before the Central Bank's minutes of their last meeting were published. "He is like a golfer who can not putt, has no touch." Trump wrote in a tweet, "Big growth in the US, if he does the right thing, BIG CUT – but do not count on …

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Tennessee kills Stephen West with an electric chair

Stephen West, a Tennessee inmate found guilty of abducting and killing a woman and her 15-year-old daughter in 1986, was executed on an electric chair on Thursday, state officials said. 56-year-old -old had been convicted of rape of the teenager. West was declared dead at 19:27, according to the Tennessee Department of Correction. Teenagers detained after police found stolen weapons …

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The testimony of Fed Chair Powell focuses on Wall Street

US. Stock index futures were slightly lower Wednesday morning as market participants eagerly awaited comments from the world's most powerful central banker. At around 03:35 ET, the Dow futures fell 63 points, indicating a negative open of more than 64 points. The futures on the S & P and Nasdaq were both slightly lower. The market focus is largely aligned …

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RNC Chair McDaniel: The debates remind us of the Democrats' left sting towards socialism, why Trump triumphs

The Americans learned nothing after two nights of debates between 20 presidential candidates in Miami that we did not yet know about today's radical-democratic party. All we got was the same broken record of any candidate who spoke out for socialist proposals of the left, which would bring our country backwards and hurt industrious families. The good news is that …

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