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10 things you need to know before the opening bell
15 days ago - By Business Insider
Here is what you need to know.
The trade war is on. President Donald Trump's 25% tariff on $34 billion worth of Chinese goods, ranging from aircraft to chicken incubators, went into effect at midnight.
Here comes the jobs report. The US economy is expected to have added 195,000 nonfarm jobs in June as the unemployment rate held at 3.8%, according to economists surveyed by Bloomberg. Average hourly earnings are expected to have rose 2.8% year-over-year.
Citi warns a 'full-on global bear market' is coming. A team led by equity strategist Robert Buckland says markets are currently in the...
Read more ...10 things you need to know before the opening bell
15 days ago - By Business Insider
Here is what you need to know.
The trade war is on. President Donald Trump's 25% tariff on $34 billion worth of Chinese goods, ranging from aircraft to chicken incubators, went into effect at midnight.
Here comes the jobs report. The US economy is expected to have added 195,000 nonfarm jobs in June as the unemployment rate held at 3.8%, according to economists surveyed by Bloomberg. Average hourly earnings are expected to have rose 2.8% year-over-year.
Citi warns a 'full-on global bear market' is coming. A team led by equity strategist Robert Buckland says markets are currently in the...
Read more ...10 things you need to know in markets today
15 days ago - By Business Insider
Good morning! Here's what you need to know in markets on Friday.
1. President Donald Trump's tariffs on Chinese products officially kicked off Friday, escalating the growing trade war between the US and China. The office of the US Trade Representative directed Customs and Border Protection to begin collecting duties on Chinese imports at midnight.
2. Asian share markets are resilient on Friday despite the Sino-US trade war. Japan's Nikkei closed up 1.18%, the Hong Kong Hang Seng index is up 0.98% at the time of writing , and China's Shanghai Composite is up 0.80% at the same time.
3. US...
Read more ...10 things in tech you need to know today
15 days ago - By Business Insider
Good morning! This is the tech news you need to know this Friday.
1. Apple may release a slew of new iPhone models later this year, including gray, white, blue, red, and orange color options. Right now, the iPhone 8 is available in silver, black, gold, and red.
2. European Parliament sent controversial plans to reform copyright law back to the drawing board. Critics had said the directive might have ended memes .
3. Apple is reportedly relying less and less on chipmaker Intel. The firm has reportedly told Intel it won't be buying its 5G modem chips for iPhones planned for 2020.
4. A new...
Read more ...
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