Luke Kawa
U.S. stocks battered by trade, yield concerns
NEW YORK - United States stocks plunged, with the Dow Jones Industrial Average tumbling more than 800 points, as a litany of concerns wiped out...
Fed says millennials are just like their parents. Only poorer.
NEW YORK - Millennials, long presumed to have less interest in the nonstop consumption of goods that underpins the American economy, might not be...
Reflation trade faces reset as inflation peak contemplated
NEW YORK - As the vaunted Trump reflation trade continued to wobble this week, politics took most of the blame. For a growing number...
Consumer spending to hit a pothole with tax refunds still in...
NEW YORK - Legislation aimed at preventing fraud is delaying U.S. tax refunds and is likely to crimp consumer spending by as much as...
The next great debate at the Fed will be about the...
NEW YORK - The checks and balances imposed on President-Elect Donald J. Trump’s new economic agenda won’t just come from Capitol Hill, but also...
Why U.S. housing starts are poised to surge
NEW YORK - Despite the tailwinds of strong jobs growth and the vanguard of the millennial generation entering their prime homebuying years, developers have...
Lower-paying industries are seeing the fastest wage-growth in the U.S.
NEW YORK - “Joe six-pack gets a raise,” proclaim Bank of America Merrill Lynch economists Emanuella Enenajor and Lisa Berlin, commenting on the biggest...
The U.S. economy is suffering from the same old problem
A pair of better than expected non-farm payrolls reports affirms that the U.S. economy doesn't have a new problem, that is, a rapid slowdown...
Here are the signs that American workers are gaining power and...
NEW YORK - The U.S. is running out of available workers and that means employees are getting paid more.
And what's left in terms...
Deutsche Bank’s Sløk: The U.S. consumer might be starting to roll...
NEW YORK - The U.S. consumer and Chinese industrial sector have been two powerhouses of global growth in the new millennium.
The latter is sputtering...
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