Bonds

Yield-curve inversion: Why you should care

Recession ahead? Let's just say it has a pretty darn good record and with many areas around the globe already having issues, one must question whether the U.S. will be immune.

Business Highlights

___ Federal Reserve foresees no interest rate hikes in 2019 WASHINGTON (AP) — The Federal Reserve left its key interest rate unchanged and projected no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases.

Trump budget chief defends plan, says deficits will improve

President Donald Trump proposed a record $4.7 trillion budget, pushing the federal deficit past $1 trillion but counting on optimistic growth, accounting shuffles and steep domestic cuts to bring future spending into balance in 15 years.

Highlights of Trump's $4.7 trillion budget request

President Donald Trump's $4.7 trillion budget request proposes steep cuts to domestic spending, a funding boost for the Pentagon and $8.6 billion for his signature border wall with Mexico.