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The U.S. economy should be growing much faster, but the country has the wrong mix of fiscal and monetary policies, Richard Kovacevich tells CNBC.
The U.S. economy contracted in the first quarter as it buckled under the weight of heavy snowfalls and a resurgent dollar, but activity has rebounded.
The Institute for Supply Management-Chicago Business Barometer unexpectedly fell in May, reversing the previous month's rise.
"Are they really taming volatility with their bond-buying, or just jamming it into a coiled spring?"
Snapchat is in the process of raising $650 million in equity, which would value the company at 16 billion, sources told CNBC.
Even though U.S. stocks are trading at a record price, certain areas of the market may be ready to drop. Here's what to sell.
After Dick Fuld's first public speech since the crisis, this PR guy had one thing to say: Don't call it a comeback.