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U.S. Economy

U.S Economic Outlook 2017

By Michael Lombardi, MBA | November 7th, 2016

U.S. Economy Outlook for 2017: Recession a Likely Scenario

The United States economy is struggling, and the outlook for 2017 is anything but good. In fact, a recession is...

November 4th, 2016

Job Cuts in the U.S. Economy Amount to 30,740 in October

On Thursday, November 3, Challenger, Gray & Christmas, Inc., a global outplacement consultancy firm, reported that jobs cut in the...

On Thursday, November 3, Challenger, Gray & Christmas, Inc., a global outplacement consultancy firm, reported that jobs cut in the...

Presidencial race

November 3rd, 2016

Growing Uncertainty in the Presidential Race Worries Currency Traders

The Euro Gains Against the Dollar on Trump and Weak Indicators The euro continued its rise against the dollar on...

The Euro Gains Against the Dollar on Trump and Weak Indicators The euro continued its rise against the dollar on...

November 2nd, 2016

Wells Fargo Auditor KPMG Drawn Into Fake Accounts Scandal

Congress Turns Spotlight onto KPMG Senator Elizabeth Warren is taking no prisoners in the Wells Fargo & Co (NYSE:WFC) fake-accounts scandal, even...

Congress Turns Spotlight onto KPMG Senator Elizabeth Warren is taking no prisoners in the Wells Fargo & Co (NYSE:WFC) fake-accounts scandal, even...

GDP Growth Finally Picks Up

November 1st, 2016

U.S. Third-Quarter GDP Bounces Back to 2.9%

GDP Growth Finally Picks Up Gross domestic product (GDP) in the U.S.—a measure of how many goods and services make...

GDP Growth Finally Picks Up Gross domestic product (GDP) in the U.S.—a measure of how many goods and services make...

October 28th, 2016

New Wells Fargo CEO Says “Sorry” to Employees

Stumpf’s Replacement Goes on PR Offensive Barely a week after assuming the top spot at Wells Fargo & Co (NYSE:WFC),...

Stumpf’s Replacement Goes on PR Offensive Barely a week after assuming the top spot at Wells Fargo & Co (NYSE:WFC),...

October 27th, 2016

Deutsche Bank (NYSE:DB) Experiments with Non-Cash Bonuses

Employees Won’t Be Happy As Deutsche Bank AG (NYSE:DB) recovers from a historically bad round of media attention, it is thinking about...

Employees Won’t Be Happy As Deutsche Bank AG (NYSE:DB) recovers from a historically bad round of media attention, it is thinking about...

October 19th, 2016

Deutsche Bank to Pay $38.0 Million in Silver Price-Fixing Case

Silver Fix Lawsuit Settled In what came as a startling gift to conspiracy theorists everywhere, Deutsche Bank AG (NYSE:DB) just...

Silver Fix Lawsuit Settled In what came as a startling gift to conspiracy theorists everywhere, Deutsche Bank AG (NYSE:DB) just...

October 19th, 2016

Goldman Sachs Group Inc.: “Wave” Election for Democrats Can Hurt Stocks

“The Effects Won’t Be Good,” Says Goldman Sachs As the November 8 presidential election moves nearer, investors are starting to...

“The Effects Won’t Be Good,” Says Goldman Sachs As the November 8 presidential election moves nearer, investors are starting to...

October 17th, 2016

Deutsche Bank (NYSE:DB) Layoffs Could Be More Than Expected

Job Cuts Could Double As Deutsche Bank AG (NYSE:DB) continues to be rocked by scandal, inside sources hint coming job...

Job Cuts Could Double As Deutsche Bank AG (NYSE:DB) continues to be rocked by scandal, inside sources hint coming job...

October 14th, 2016

Banking Scandal Drives Wells Fargo & Company CEO John Stumpf to Retire

Embattled CEO Steps Down After it was discovered that employees at Wells Fargo & Company (NYSE:WFC) had illegally opened accounts...

Embattled CEO Steps Down After it was discovered that employees at Wells Fargo & Company (NYSE:WFC) had illegally opened accounts...

October 13th, 2016

Deutsche Bank AG (NYSE:DB) Issues $1.5 Billion of Debt at Junk-Bond Rates

New Terms for Deutsche Bank Coming off the heels of an enormous scandal, Deutsche Bank AG (NYSE:DB) is asking creditors...

New Terms for Deutsche Bank Coming off the heels of an enormous scandal, Deutsche Bank AG (NYSE:DB) is asking creditors...

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