Trade jitters running high at American companies ahead of new US-China talks
Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with companies as diverse as Juniper Networks and O’Reilly Automotive bemoaning the consequences but saying they are finding ways to weather the storm. Trade negotiations shift to Shanghai...
These stocks are winners when the Fed decides to start cutting rates
Traders and financial professionals work on the floor of the New York Stock Exchange. Drew Angerer | Getty Images An “insurance” rate cut seems like a done deal to traders this week, soon to mark the first reduction since the...
US-China trade talks resume in Shanghai with tempered expectations
Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. Brendan Smialowsi | AFP | Getty Images U.S. and Chinese trade representatives are about to begin their first official in-person meeting since...
SoftBank will reportedly invest $2 billion in Southeast Asian ride-hailing firm Grab
Anthony Tan, co-founder and chief executive officer of Grab, poses for a photograph in Singapore, on Monday, July 9, 2018. Bloomberg | Getty Images SoftBank Group CEO Masayoshi Son said Monday the Japanese conglomerate will invest $2 billion in ride-hailing...
Passive investing boom could cause a market bubble, but not in the stocks you would expect
A trader on the New York Stock Exchange. Brendan McDermid | Reuters Critics of passive investing argue it is inflating the prices of high-flying stocks such as Amazon and creating a bubble in those names. However, data compiled by Ned...
Trump’s Bronx golf course lost $122,000 last year and blamed New York City
Eric Trump, third from left, and Donald Trump Jr., second from right, talk with guests at the opening of the Trump Golf Links clubhouse, Monday, June 11, 2018, in the Bronx, New York. Mark Lennihan | AP Trump Ferry Point,...
Chewy founder: We’re no Pets.com
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images In his most recent letter...
The Fed is about to cut rates to protect the economy, even though most signs are strong
Traders work the floor at the NYSE. Brendan McDermid | Reuters The Fed is expected to cut interest rates for the first time in more than a decade Wednesday, a pre-emptive move as concerns rise about the impact of the...
Recount shows Trump didn’t get his 3% growth in 2018 after all
The government’s latest update on economic output dashed the Trump administration’s longstanding hope for 3% GDP growth in 2018. The Commerce Department’s Friday report on the strength of the economy showed that gross domestic product expanded 2.5% on a fourth-quarter-over-fourth-quarter...
Strong consumer spending vs. weak business investment: What really matters for the US economy
A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. Drew Angerer | Getty Images U.S. consumer spending, the biggest part of the economy, saved the...
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