• World stocks rally on China-U.S. trade war truce, dollar down, yuan up

    14 days ago - By Reuters

    A truce in the U.S.-China trade war boosted global stocks to their highest in roughly three weeks on Monday, while triggering a dollar sell-off and pushing the Chinese yuan and several trade-dependent currencies higher.
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  • Oil prices jump after the US and China agreed to a 90-day truce in a trade dispute

    14 days ago - By ETF Daily News

    From Reuters :
    Both global oil benchmarks are rose after U.S. and China announce 90-day trade war truce.
    Alberta to cut oil production to ease glut and support prices.
    OPEC expected to agree cuts aimed at reining in oversupply.
    Qatar says it will leave OPEC in January.
    Oil prices jumped on Monday after the United States and China agreed a 90-day truce in a trade dispute, Canada's Alberta province ordered a production cut, and as exporter group OPEC looked set to reduce supply.
    U.S. light crude oil last traded $1.31, or 2.6 percent, higher at $52.24. Brent crude was up $1.36, or 2.3 percent...
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  • White House seeks to end subsidies for electric cars, renewables

    14 days ago - By Reuters

    White House economic adviser Larry Kudlow said on Monday the Trump administration wants to end subsidies for electric cars and other items, including renewable energy sources.
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  • U.S. Chartbook: Look Who's Talking

    14 days ago - By Economy

    Chatter from the White House and Federal Reserve soothes markets, for now.
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  • The White House touted over the weekend and again on Monday that China

    14 days ago - By AG Web

    The White House touted over the weekend and again on Monday that China will immediately start buying U.S. agricultural goods. Ag economist Wally Tyner warns with tariffs still in place, that may not be a reality soon.
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  • The Latest: Trump aide: 90-day clock on China starts Jan. 1

    14 days ago - By Chron

    WASHINGTON - The Latest on the U.S.-China trade talks :
    2:30 p.m.
    A White House adviser says that the 90-day time period that China has to address U.S. trade complaints or face higher U.S. tariffs starts January 1, rather than immediately.
    Larry Kudlow, chairman of the White House's national economic council, clarified the timing in a conference call with reporters Monday. That provides an extra month for U.S. and Chinese negotiators to try to resolve stubborn disagreements over China's trade policies, including its requirement that foreign companies hand over technology to access China's...
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  • Oil surges almost 4 percent on trade truce, expected supply cuts

    14 days ago - By Reuters

    Oil prices jumped nearly four percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada's Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
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  • Markets Right Now: US stocks climb in midday trading

    14 days ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    11:45 a.m.
    Stocks moved higher in midday trading after the U.S. and China agreed to a 90-day truce in their escalating trade dispute.
    Technology and energy companies rose Monday following gains in overseas markets as investors welcomed news of the temporary stand-down.
    Advanced Micro Devices, a chipmaker, jumped 8.9 percent.
    The price of oil rallied 2.4 percent to just over $52 a barrel after the Canadian province of Alberta announced a large cut in production. Many expect OPEC to follow suit on Thursday.
    The Dow Jones Industrial...
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  • U.S. expects immediate action from China on trade commitments

    14 days ago - By Reuters

    The United States expects immediate action by China on trade issues after a deal reached by the countries' leaders, including lower tariffs on automobiles and measures against intellectual property theft and forced technology transfers, a White House official said on Monday.
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  • U.S. to end subsidies for electric cars, renewables: White House

    14 days ago - By Reuters

    White House economic adviser Larry Kudlow said on Monday the United States will end subsidies for electric cars and other items including renewable energy sources.
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  • Kudlow: China openness on Qualcomm a sign of cooperation to come

    14 days ago - By Reuters

    White House economic adviser Larry Kudlow said on Monday that President Donald Trump put the issue of U.S. chipmaker Qualcomm Inc's now abandoned acquisition of Dutch peer NXP Semiconductors NV on the table for talks with Chinese President Xi Jinping.
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  • White House adviser expects China's tariffs on U.S. autos to fall to zero

    14 days ago - By Reuters

    White House Economic Adviser Larry Kudlow on Monday said that China could immediately slash its vehicle tariffs, as the country enters a 90-day truce in the current trade war with the United States to negotiate a trade deal, as he reiterated China's pledge to begin lifting barriers immediately.
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