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Hassett Says Trump May be Right to Pass Him Over for Fed Chair
White House economic adviser Kevin Hassett said President Trump may well keep him in current job eliminate him from contention for Fed chair.
Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
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Trump Just Made the Fed's Rate Deliberations Even More Complicated
Fed was wrestling with uncertainty about future path of monetary policy and Trump’s strike on Iran’s nuclear sites will likely make path cloudier.
Investors Rush to Pour Cash Into $7.4 Trillion US Money-Market Fund Industry
The rush of cash into the US money-market funds is showing few signs of slowing as it secured a record $7.4 trillion in assets.
Northern Trust Stock Surges on Reported Merger Talks With BNY
Northern Trust shares surged almost 6% in premarket trading Monday after Bank of New York Mellon reportedly approached smaller bank about merger.