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Tag Archives: Economy

Trump tax cuts to support the economy for another two years: Edmund Phelps

"We are in a boom, but all booms are over, and this high level of production and employment can not be sustained," he told CNBC's Martin Soong on Sunday at China Development Forum in Beijing. Phelps won the 2006 Nobel Prize in Economics for his work on the short-term and long-term effects of economic policies. "I would be surprised if …

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Apple CEO Tim Cook says he is optimistic about the global economy

The iPhone has long been Apple's marquee product and Apple's biggest backer, but sales are starting to decline. The company is pushing digital subscriptions in search of new growth. Apple is one of many American companies that are currently facing growing concern among Chinese consumers. China is a major market for Apple and other smartphone makers and accounts for a …

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Trump nominates economic analyst Stephen Moore for the Fed Board as a conservative watchdog over the economy

<img src = "https://a57.foxnews.com/a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2019/03/640/320/1862/1048/ Stephen-Moore.jpg? Ve = 1 & tl = 1? Ve = 1 & tl = 1 "alt =" President Donald Trump said he would appoint Stephen Moore, a conservative business analyst and frequent critic of the Federal Reserve, for a seven-member vacancy President Donald Trump said he would do so this morning to nominate Stephen Moore, a …

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Trump can not have a strong US economy, low interest rates: Robert Heller

<img src = "https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2019/03/20/105803035-1553039675594gettyimages-863079924.530×298.jpeg?v=1553147795" alt = "President Donald Trump talks to the media before meeting with Governor Ricardo Rossello of Puerto Rico at the White House Oval Office on October 19, 2017 in Washington, DC. [18659002] Kevin Dietsch Pool | Getty Images President Donald Trump talks to the media during a meeting with Governor Ricardo Rossello of Puerto Rico at …

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Jamie Dimon: The US economy was "basically anti-poor"

"If you live in certain neighborhoods, if you are white or Hispanic or black, you can be left behind quite a bit," Dimon told CNN's Poppy Harlow in an interview with Boss Files on Monday. This week JPMorgan ( JPM ) announced an initiative to tackle some of this problem: a five-year program worth $ 350 million to train workers …

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Trade, dollar and weak economy weighed on earnings

The good news: Investors may have priced in the problem at the end of last year as markets plummeted. Multinationals such as Apple ( AAPL ) Caterpillar ( CAT ) . 19659003] and McDonald's (19459006) MCD are expected to be significantly inferior to S & P 500 companies, if they are less than S & P 500 companies start reporting …

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