President-elect Donald Trump inherits an economy in much stronger shape than at either of the past two inaugurations, but major questions loom over how he can boost productivity and deliver on his growth promises.
The writing is on the wall for American Express, but investors can’t see it. Like a lifelong Platinum-card holder oblivious to the better options now available, the company’s investors are oddly unconcerned about worsening competition.
Add General Electric to the list of businesses concerned about the risks from health policy uncertainty. Chief Executive Jeffrey Immelt noted on the fourth-quarter earnings conference call that the U.S health-care business faces some risks as a result.
The PG-rated, mid-budget drama featuring three African-American women as a trio of brilliant NASA workers during the age of the Space Race and Jim Crow has garnered attention in Hollywood because of its continuing box-office triumphs.
Federal Reserve Chairwoman Janet Yellen said she doesn’t see the U.S. economy at risk of overheating and doesn’t expect growth to pick up much soon, comments suggesting the central bank is sticking to its plan of raising interest rates cautiously in the months ahead.