Economist Tyler Cowen, author of the new book 'The Complacent Class: The Self-Defeating Quest for the American Dream' argues Americans don't take enough risks anymore.
On Tuesday, President Trump claimed he has created 600,000 jobs so far. Government data does not back that up. Only 317,000 jobs have been created so far, according to Labor Department data.
The SEC has charged 27 individuals and businesses for schemes in which writers were allegedly paid in secret to promote the stocks of public companies.
An internal Wells Fargo report prepared in August 2004 eerily foretold the fake account scandal that a dozen years later would shake Wells Fargo to its core.
Wells Fargo is clawing back $75 million from the former CEO and another top executive, blaming for playing central roles in the bank's fake account fiasco.
Trump finally appointed Kevin Hassett as head of the White House Council of Economic Advisers. Hassett is a leading tax expert and a 'moderate' Republican who will likely align with the Goldman Sachs crowd.
The BBC reported Monday that officials at the Bank of England put pressure on Barclays to artificially lower the Libor benchmark interest rate during the financial crisis.