• Morning News: August 28, 2018

    10 monthes ago - By Crossing Wall Street

    Japan Auto Makers, Facing Uncertain Road in U.S., Look to China
    State Of The Economy Part 5: Fed Threatens To Hike U.S. Into Recession
    Trump Dents Hopes for a China Deal After Agreement With Mexico
    The Trump Tax Cuts Were Supposed to Depress Housing Prices. They Haven't.
    Toyota Investing $500 Million in Uber in Driverless-Car Pact
    Nestle to Take on 500 Starbucks Employees in Coffee Alliance
    Netflix Hires Facebook Exec to Lead Communications Efforts
    As Sears Withers, Its Former Stores Fuel a New Fortune
    Tesla Convinces Judge to Dismiss Model 3 Production Lawsuit
    Report on Volkswagen's...
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  • U.S. Trade Policies Are Putting a Dent in Car Sales

    10 monthes ago - By Fortune

    For the first time since the global financial crisis, car sales are experiencing a sustained slowdown .
    In the last eight years, car sales have grown by an average of 5% per year, but in 2018 that rate is expected to slow to a mere 1.8% over 2017. The Wall Street Journal attributed the shift to global uncertainty over Trump's trade policies , which are undermining consumer confidence, raising prices on raw materials, and creating new barriers to the import and export of vehicles.
    It's a bad time for sales to be down. Softening demand in Europe and China and flat demand in the U.S. comes as...
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