Economics

Fed official proposes new U.S. bank cap

U.S. lawmakers are being urged by regulators to cap the size of banks based on the amount of their borrowing.

By Wire services |October 11, 2012

2 min read

TIGER 21 speaker: U.S. can’t pay the bills

The next U.S. president will have some tough decisions over the coming years, said Wells Fargo chief economist John Silvia at a recent TIGER 21 event. “[He will] have to come to grips with the economic situation,” said Silvia. “It will become clear as ever that there is no way to pay the bills.” Read: […]

By Staff |October 10, 2012

3 min read

Feels great to be under 8

Last week, the U.S. unemployment rate hit a 44-month low of 7.8%.

By David Andrews |October 9, 2012

4 min read

Obama victory better for markets

The status quo is better for markets, says Craig Porter of Front Street Capital. In his view, an Obama victory would help reassure investors.

By Melissa Shin |October 4, 2012

1 min read