• Cramer Remix: Why China has much more to lose in a trade war

    8 monthes ago - By CNBC

    Jim Cramer explains how China's manufacturing-based economy leaves it vulnerable to U.S. trade tariffs.
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  • US-China trade war could soon pose a serious economic threat

    8 monthes ago - By Chron

    WASHINGTON - Seeking better-skilled workers, Cedar Electronics decided last year to return some of its manufacturing to the United States from the Philippines, only to run smack into a worsening U.S.-China trade war.
    Cedar makes radar and laser detection systems. When it shifted the assembly of those machines to Westchester, Ohio, it provided jobs for 30 people. Yet with President Donald Trump escalating his tariffs on Chinese imports, Cedar must now pay hefty taxes on critical imported parts - tariffs it didn't have to pay when that manufacturing was done overseas.
    "We're effectively...
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  • China's US Treasury holdings just fell to six-month low amid escalating trade war

    8 monthes ago - By CNBC

    China's holdings of U.S. Treasury bills, notes and bonds dropped to a six month low of $1.171 trillion in July, from $1.178 trillion in June.
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  • Business Highlights

    8 monthes ago - By Chron

    Trade war escalates as China announces tariffs on US imports
    BEIJING - China announces retaliatory tax increases on $60 billion worth of U.S. imports, including coffee, honey and industrial chemicals. The increases are in response to the U.S. announcing it will impose tariffs on $200 billion worth of Chinese-made goods starting next week. The tariffs will start at 10 percent, then rise to 25 percent on Jan. 1.
    Too much screen time? New phone controls for you and kids
    NEW YORK - Apple and Google want to help you spend less time on their phones. With their new tools for managing screen time...
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  • How A Trade War Between The U.S. And China Could Impact Consumers

    8 monthes ago - By NPR

    NPR's Ari Shapiro speaks with David French of the National Retail Federation, about how the Trump administration's latest round of tariffs will affect consumers and the prices they pay.
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  • How major US stock indexes fared Tuesday

    8 monthes ago - By Chron

    Stocks closed higher on Wall Street Tuesday as investors shrugged off the latest escalation of trade tensions between the U.S. and China.
    Technology and consumer-focused companies had some of the biggest gains. The rally reversed nearly all the indexes' losses from a day earlier. Bond yields climbed and crude oil prices finished higher.
    On Tuesday:
    The S&P 500 index rose 15.51 points, or 0.5 percent, to 2,904.31.
    The Dow Jones Industrial Average climbed 184.84 points, or 0.7 percent, to 26,246.96.
    The Nasdaq composite gained 60.32 points, or 0.8 percent, to 7,956.11.
    The Russell 2000 index...
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  • Global stocks rise as no harm seen in trade row, dollar gains

    8 monthes ago - By Reuters

    Global equity markets rallied on Tuesday as the latest tit-for-tat U.S.-Chinese trade dispute was seen as barely denting world growth, while U.S. Treasury yields rose in anticipation the Federal Reserve will hike interest rates this year and next.
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  • Nexeo, Union Pacific rise; Oracle, FedEx stumble

    8 monthes ago - By Chron

    NEW YORK - Stocks that moved substantially or traded heavily on Tuesday:
    Oracle Corp., down 15 cents to $49.03
    The business software company reported weaker sales than analysts expected.
    FedEx Corp., down $14.15 to $241.58
    The shipping company's quarterly profit fell short of Wall Street estimates.
    Ferrari NV, up $5.52 to $138.32
    The sportscar maker unveiled new models under its new leadership.
    Halliburton Co., up 45 cents to $39.16
    Oil prices rose ahead of a meeting of OPEC oil ministers.
    Nexeo Solutions Inc., up $1.48 to $11.49
    Specialty chemicals maker Univar agreed to buy Nexeo in a...
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  • Stocks shake off 'heavily priced in' trade war escalations between the US and China

    Stocks shake off 'heavily priced in' trade war escalations between the US and China

    8 monthes ago - By Business Insider

    Stocks rose Tuesday as markets shrugged off major escalations in the US-China trade war. The dollar and Treasury yields edged higher.
    Dow Jones industrial average : 26,256.21 +194.09
    S&P 500 : 2,905.70 +16.90
    Nasdaq Composite : 7,956.11 +60.32
    The US imposed tariffs on $200 billion worth of Chinese products Monday night. China placed tariffs on $60 billion worth of American products in a tit-for-tat response. Financial markets offered a fairly muted response as the tariffs were already "heavily" priced in, said FXTM research analyst Lukman Otunuga.
    After the US said it could move...
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