President Donald Trump’s animosity to wind power has gone beyond words in some states. Now, wind industry leaders and supporters fear that the federal government, under Trump, may be pulling back from what had been years of encouragement for climate-friendly wind.
Financial markets have become so in thrall to President Donald Trump’s tweets that JPMorgan has created an index to help identify how much volatility they’re creating.
The U.S. economy slowed in the spring, and most analysts expect it to weaken further in the months ahead. Yet the main driver of growth – consumer spending – remains vigorous enough to keep the economy growing steadily if still modestly.
President Donald Trump on Wednesday continued to pressure the Federal Reserve and the central bank’s chairman to lower interest rates, saying its policies were hampering U.S. growth and reducing the country’s ability to compete economically.
The Fed has signaled its decision that a rate cut now – and possibly one or more additional cuts to follow – could help inoculate the economy against a potential downturn. The idea is that lowering its key short-term rate, which can affect consumer and business loans, could encourage borrowing and spending and energize the economy.
President Donald Trump has repeatedly attacked the Federal Reserve over interest rate policy and tried to appoint his political allies to its board, but why should you care? Because politicization of the Fed puts the entire U.S. economy at risk.
The Trump administration has decided the country’s 800,000 “Dreamers” – undocumented immigrants brought here as children but who have grown up here – are no longer eligible for federally insured mortgages, causing consternation and confusion among mortgage lenders.
With Boston and other major cities in the grip of housing crises, federal help is needed more than ever to build enough affordable housing to meet the need.
A new analysis by the U.S. Chamber of Commerce finds the Trump administration’s plan to impose a 5 percent tariff on all goods from Mexico starting on June 10 could cost Massachusetts over $170.11 million.
The U.S. economy grew at a solid 3.1 percent annual rate in the January-March quarter – a pace that will likely prove to be the high-water mark for the year before growth weakens in the coming months.
The U.S. House of Representatives on Wednesday approved a bill reaffirming the right of a Massachusetts tribe to hold land in trust, a crucial step to building a $1 billion casino.
As the stock market sputtered, the local real estate market slowed dramatically. Now that the Federal Reserve has backed off plans to increase interest rates in 2019, real estate here and around the country has taken off again.
The Trump administration on Wednesday proposed new regulations aimed at making it easier for investors to take advantage of tax breaks for investing in Opportunity Zones in low-income areas.
The Trump plan is a big wet kiss for Wall Street, which can’t wait to recapitalize the two mortgage giants, but not so much for taxpayers who, whatever promises are made, will surely end up on the hook again someday should things go south.
President Donald Trump has issued an order for the government to end its 10-year conservatorship of the mortgage companies Fannie Mae and Freddie Mac.
The ongoing federal government shutdown will carry an “astronomically high” price tag even once a resolution is reached, U.S. Rep. Lori Trahan warned local business leaders Tuesday.
Federal banking regulators are proposing a rule change that will deprive hundreds of thousand consumers of an important safeguard in the homebuying process.
The current expansion has lasted since the official end of the Great Recession in June 2009, or almost nine and a half years. If it lasts seven months more, it’ll be the longest expansion in at least 160 years.
When President Donald Trump signed into law the Tax Cuts and Jobs Act late last year, it created the most significant changes the U.S. federal income tax laws have seen in over three decades.
Earlier this year, President Donald Trump and his administration imposed a wide range of tariffs – and have since threatened to inflict more – stoking trade wars with allies and countries that do an immense amount of business with the U.S. such as China.
