Navarro says Trump’s new tariffs ‘may not have to go into effect’ depending on US-Mexico talks
White House trade advisor Peter Navarro said that President Donald Trump’s new tariffs on Mexico “may not have to go into effect,” depending on the outcome of talks between U.S. and Mexican officials. Navarro, a hard-line supporter of Trump’s tariffs,...
Job growth screeches to a near halt in May, with private payrolls up just 27,000
Job creation skidded to a near-halt in May in another sign that the U.S. economic momentum is slowing. Companies added just 27,000 new positions during the month, according to a report Wednesday from payroll processing firm ADP and Moody’s Analytics...
Why Trump’s pivot to using tariffs as a political weapon is so dangerous for the economy
President Donald Trump delivers remarks in the Roosevelt Room at the White House in Washington, May 9, 2019 Jonathan Ernst | Reuters President Donald Trump prides himself on bold negotiating tactics, but his threat to slap tariffs on Mexico for...
Trade tensions have had a ‘significant’ impact on China, IMF says
Containers are stacked on a vessel at the Port of Long Beach in Long Beach, California on July 6, 2018, including some from China Shipping, a conglomerate under the direct administration of China’s State Council. Frederic J. Brown | AFP...
Stocks making the biggest moves after hours: Salesforce, GameStop, Skyworks and more
Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images Check out the companies making headlines after the bell: Shares of Salesforce jumped nearly 3% in extended trading after the software company reported better-than-expected first-quarter earnings...
Investors want a Fed rate cut before economy turns: ‘Risk becomes greater the longer you wait’
If the Federal Reserve meets market expectations and cuts interest rates this year, it would be more to assuage flagging confidence than it would be to address any particular ill. After all, most of the signs for the economy remain...
Don’t rule out a June rate cut due to ‘collapsing’ inflation signs, market bull Tony Dwyer says
Market bull Tony Dwyer sees an interest-rate cut coming sooner than much of Wall Street anticipates. According to the Canaccord Genuity chief market strategist, the move could happen as soon as the next Fed meeting, set for June 18-19. “The...
China warns citizens against travel to the US
A group of Chinese tourists take photographs on the National Mall with the U.S. Capitol in the background on April 23, 2018. Robert Alexander | Archive Photos | Getty Images Beijing has stepped up its warnings against the U.S. by...
Stocks making the biggest moves after hours: Box, Coupa and more
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), June 3, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Check out the companies making...
Market bull cuts exposure to stocks due to new Mexico tariff threat
Long-time market bull Phil Orlando just cut his exposure to stocks. The Federated Investors chief equity market strategist cites President Donald Trump’s new threat to impose 5% tariffs on Mexico imports for the decision. “In light of this growing uncertainty and expanded...
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Trading education
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