Markets are getting restless, they want to get to the bottom. But as long as the data point to a resilient U.S. economy that won’t happen.
Services sector activity unexpectedly picked up in November, data showed Monday. With Friday’s stronger-than-expected jobs report still on investors’ minds, it was enough to spark a selloff
over fears the Federal Reserve will need to be more aggressive with rate hikes.
Former President Donald Trump‘s family business was convicted Tuesday of criminal tax fraud, with a New York jury finding the Trump Organization engaged in an off-the-books compensation scheme to pay some executives in car leases, apartments and cash.
The jury found two Trump Organization corporate entities guilty of all criminal counts they faced, including conspiracy, criminal tax fraud and falsifying business records. The two entities could face a total of more than $1.6 million in fines.
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A deadline buried in a March 26 executive order, which aims to curb federal contractors' purported discrimination related to diversity, equity and inclusion practices, is drawing attention from fed...