federal

Fed Turns Towards Amazon's Finance Plans

Fed Turns Towards Amazon's Finance Plans

American banks have long been wary of Amazon.com, Inc. (NASDAQ: AMZN) and a number of other technology behemoths who desperately want to enter the finance train. If one goes by the latest news, the Federal Reserve has also expressed interest in the ..

Free Taxes Possible

Free Taxes Possible

If you laid off your tax returns for the last minute, this does not mean you have to pay handsomely for some agency services to file your taxes. The changes in Tax Cuts and Jobs Act do not kick in until the 2018 taxes are prepared. It means that the..

U.S. Weekly Jobless Claims Increase Slightly

U.S. Weekly Jobless Claims Increase Slightly

The number of Americans filing for unemployment benefits rose slightly last week, but it still suggested that labor market is still strong.Initial claims for unemployment benefits increased by 3,000 to a seasonally adjusted 229,000 in the week ended..

Facebook Opens Lower on Reports of FTC Probe

Facebook Opens Lower on Reports of FTC Probe

The U.S. Federal Trade Commission is launching a probe against Facebook Inc. (NASDAQ: FB) to check if the social media giant violated terms of a consent decree regarding personal data back in 2011, according to Bloomberg, citing a source familiar wi..

Stock Market Threat May Already be Present

Stock Market Threat May Already be Present

The predictable market may not persist for much longer. It is now a surety that the easy monetary policy adopted by the Federal Reserve could be on its way out. There is another threat as well- the copious US Treasury's supply may push up bond y..

Greenspan Says the US is in a Stock Market Bubble

Greenspan Says the US is in a Stock Market Bubble

Alan Greenspan, the former chairman of the Federal Reserve, said that there exists two bubbles- the bond market bubble and the stock market bubble. He warned that the bond market bubble, although benign in the short-term, could turn fatal for the US..