• Wall Street opens lower on tariff woes, social media stocks in focus

    19 days ago - By Reuters

    U.S. stocks opened lower on Wednesday as investors considered the likelihood of President Donald Trump going through with plans to impose a fresh round of tariffs on Chinese goods right after consultations end on Thursday.
    Read more ...

     

  • Wall Street set to open lower on tariff woes, social media stocks in focus

    19 days ago - By Reuters

    U.S. stocks were set to open lower on Wednesday, as investors weighed the likelihood of President Donald Trump going through with plans to slap a fresh round of U.S. tariffs on Chinese goods right after a public comment period ends on Thursday.
    Read more ...

     

  • Morning News: September 5, 2018

    19 days ago - By Crossing Wall Street

    No Relief in Sight for Emerging Markets as Rand Leads Sell-Off
    Erdogan Has Limited Options to Save Turkey From Financial Crisis
    China to Play Waiting Game as U.S. Trade Pain Worsens
    U.S. Factory Gauge Jumps to 14-Year High as Orders Pick Up
    Facebook and Twitter Have a Message for Lawmakers: We're Trying
    Amazon at $1 Trillion: Buy, Sell, or Hold?
    Transocean Agrees to Acquire Ocean Rig UDW for $2.7 Billion
    Mercedes Unveils First Tesla Rival in $12 Billion Attack
    GM Posts Steep Sales Drop on Dialed-Back Discounts
    Toyota Recalls More Than 1 Million Vehicles Over Fire Risk
    Unilever Confronts...
    Read more ...

     

  • Why Morgan Stanley Is Only Luke Warm On NAFTA

    19 days ago - By Forbes

    If Mexico and the U.S. split from NAFTA, it would require Congressional approval to get a bilateral trade deal signed. Democrats unlikely to play ball.
    Read more ...

     

  • US trade deficit widened to $50.1 billion in July

    19 days ago - By Chron

    WASHINGTON - The U.S. trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. The deficit in goods with China set a record.
    The Commerce Department says the deficit in goods and services - the difference between what America sells and what it buys from other countries - rose to $50.1 billion in July from $45.7 billion in June. Exports slipped 1 percent to $211.1 billion. Imports increased 0.9 percent to a record $261.2 billion.
    The deficit rose despite efforts by President Donald Trump to bring it down by...
    Read more ...

     

  • Trade War Update: China To Suffer Greater Loss Of Income Than U.S

    19 days ago - By Forbes

    Barclays Capital says the trade war is going to get worse. China will suffer more.
    Read more ...

     

  • China's Belt And Road Initiative Opens Up Unprecedented Opportunities

    China's Belt And Road Initiative Opens Up Unprecedented Opportunities

    19 days ago - By ETF Daily News

    It was the best of times, it was the worst of times. A tale of two world leaders, U.S. president Donald Trump and China president Xi Jinping-both of whose countries have among the world's best economies right now.
    But whereas Xi is playing Santa Claus to the rest of the world, doling out loans to finance-starved countries, Trump is playing Scrooge, waging an economic war with Canada, the European Union, China and others.
    Respected economist Art Laffer, whom I've written about before, has always supported leaders who ignite global trade rather than close off its borders. A full-blown trade...
    Read more ...

     

  • EU, U.S. trade chiefs to mend ties after Trump tariff detente

    19 days ago - By Reuters

    U.S. and EU trade chiefs will hold a first meeting in Brussels on Monday to pursue closer transatlantic ties after U.S. President Donald Trump agreed to drop his threat of tariffs on EU cars.
    Read more ...