Investors haven’t been this scared about the state of the global economy in nearly 7 years
As the trade war between China and the U.S. hits a boiling point, investors are taking their dimmest view of the global economy since the height of the European debt crisis. The tariff tensions aren’t the only thing bothering market...
Trump vows ‘great and fast’ economic retaliation on China if it goes after American farmers
President Donald Trump, who drew a line in the sand Monday with China in officially announcing tariffs on another $200 billion in Chinese imports to the U.S., is now threatening “great and fast” economic retaliation if China targets American farmers,...
PSG’s Qatari owners have spent $1.17 billion, but the Champions League is still out of reach
Something will have to give when Liverpool and Paris Saint-Germain (PSG) meet in the Champions League on Wednesday. Both soccer teams have enjoyed an unbeaten run of five domestic games, in the Premier League and Ligue 1 respectively, to start...
After-hours buzz: ORCL, FDX & more
Check out the companies making headlines after the bell: Oracle shares fell more than 3 percent in after-hours trading after the release of its first quarter earnings report. The company reported their earnings per share as 71 cents, beating analysts’...
Trump says a China trade announcement is coming after market close
President Donald Trump said the administration will have a trade announcement concerning trade with China after the market close. “You’re going to see on China today right after close of business, we’ll be announcing something. It will be a lot...
Kudlow says White House aware of the rising deficit, but economic ‘growth solves a lot of problems’
Top White House Economic Advisor Larry Kudlow said while the administration needs to be tougher on spending, growth from recent tax cuts should fix the issue. “If you grow rapidly you’re going to have lesser deficits. Growth solves a lot...
Kudlow: US has the hottest economy in the world today: ‘We’re crushing it’
The U.S. economy is leading the rest of the world by returning to a basic approach of cutting taxes and letting businesses know that government is back on their side, top Trump economic aide Larry Kudlow said Monday. “The U.S....
Watch Larry Kudlow interview live at the Economic Club in New York
[The stream is slated to start at Noon ET. Please refresh the page if you do not see a player above at that time.] Larry Kudlow is director of the National Economic Council. He is speaking at the Economic Club...
Most of the ‘Big shorts,’ who thrived during the financial crisis, have faltered since 2008
It’s difficult to stay on top. Last weekend marked the 10th anniversary of Lehman Brothers’ bankruptcy, which many investors regard as the seminal event of the financial crisis. While most investors on Wall Street lost money a decade ago during...
Wall Street is losing clout with China as Trump’s trade war mounts
HONG KONG — When President Bill Clinton deliberated whether he should loosen trade barriers against China, Wall Street helped plead Beijing’s case. When Presidents George W. Bush and Barack Obama talked tough about labeling China as a currency manipulator, Wall...
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