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Janet Yellen: Economy's strong run could last through 2019

Former Federal Reserve Chair Janet Yellen said the economy’s stellar run can make it through at least 2019, and that despite fears about the inverted yield curve, she doesn’t think it will spell disaster this time around. Before a packed house at the Mortgage Bankers Association‘s Annual Conference & Expo, Yellen said there are two things she watches for signs of a recession: financial imbalances ...

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US Gas Prices Slipped Last Week, Volatility Increasing

The average U.S. price for a gallon of regular gasoline dropped by 2.6 cents in the past week, to start this week off at a price of $ 2.88, according to the latest data from GasBuddy. The cost of diesel fuel added 1.6 cents last week and now retails for $ 3.29 a gallon. Month over month, the price is ...

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Wells Fargo: Market 'tailspin' could last another one to two weeks

The sell-off across the global stock market is going to continue for at least another week, according to Wells Fargo, after Wednesday notched the worst day for the Dow Jones Industrial Average and S&P 500 since February. div > div.group > p:first-child”> “We don’t think the stock market pain is over just yet,” Wells Fargo senior analyst Christopher Harvey said ...

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