There are new numbers out today that show just how much we spent on retail last month. And it was not so great. Retail sales were down 0.3 percent, which is the biggest monthly decline in more than a year. Department stores in particular have been struggling, but we wondered if there are any silver […]

The Federal Reserve raised interest rates about a quarter percent today, but yields on 10-year Treasury notes have been trading just around their 2017 lows — about 2.21 percent. That’s the interest rate paid to the borrower of these notes. Yields rise when traders expect inflation to increase, and, therefore, interest rates climb. So what […]

President Trump has made much of his plans to boost American steel, and there’s an investigation underway at the Department of Commerce to determine if the steel industry should be deemed crucial to our national security. That would pave the way for more import protections, but could also open the door to a trade war. […]

Just after President Trump pulled the United States out of the Paris agreement, Goldman Sachs CEO Lloyd Blankfein tweeted his displeasure. Now, the blue-blood bank is going green in another way with a big move into wind and solar energy. Not just buying it, but pairing other buyers and sellers in the emerging market of […]

Behind closed doors, Republican senators are pushing to get their health care bill written, with a July 4 goal for completion. While they’re at it, they may be trying to get a smidge of tax reform done at the same time.  Click the audio player above to hear the full story.