The EU is making a retaliation list to strike back if the US hits European cars with tariffs
The European Union is making a list of goods it could target as a way to retaliate against potential tariffs on European cars, an EU official said Thursday. “If the U.S. would impose these car tariffs, that would be very...
Biggest threat to markets and economy is a Democrat win in November, Trump advisor Hassett says
The main thing that could derail markets and the economy would be a Democrat takeover of Congress, White House economic advisor Kevin Hassett said Thursday. With GDP expected to grow about 4 percent in the second quarter and stocks on...
One of the world’s major financial centers is about to shake up its banking sector
Hong Kong, long a global leader in banking and finance, is bracing for the arrival of so-called virtual banks — financial institutions without physical branches where all transactions are online. Authorities are keen to raise Hong Kong’s game in financial...
After-hours buzz: AXP, EBAY & more
Check out the companies making headlines after the bell: Shares of American Express tumbled nearly 3 percent in after-hours trading. The financial services company beat analysts’ expectations on earnings for its second quarter, posting $1.84 per share versus the estimated...
‘There’s not much to dislike’ about Dow stock Visa, says trader
Visa has been on a tear this year, up 23 percent and leading the Dow. TradingAnalysis.com founder Todd Gordon is betting on a bigger rally for the stock when it reports earnings next week. Gordon told CNBC’s “Trading Nation” on...
Blackstone’s new president Gray says China and US will eventually reach a trade deal
Blackstone’s Jonathan Gray is optimistic the trade conflict between the US and China will be resolved. “The US and China both recognize real risks to an escalated trade war,” he said at the Delivering Alpha Conference in New York on...
‘It’s a lot of money’ — Trump’s tariffs take a toll on farmers in Pennsylvania, a key state in the fight for Congress
Bill Beam has had no issue selling his soybeans this year. The Pennsylvania farmer has run into problems with price. Soybean futures prices have plunged more than 15 percent since China said in April that it would levy 25 percent...
US trade talks with Mexico making ‘good progress:’ Kudlow
The U.S. is making “good progress” in trade talks with Mexico, according to Larry Kudlow, the top White House economic advisor. Kudlow said without disclosing specifics: “I can report good progress with Mexico,” Kudlow said. Kudlow made the comment at...
Mortgage applications fall 2.5% as buyers struggle to find affordable homes
Home prices are high, listings are lean and potential buyers are frustrated. There is plenty of demand, but it is not translating into home sales. Mortgage applications dropped 2.5 percent last week, seasonally adjusted, according to the Mortgage Bankers Association....
Morgan Stanley shares surge more than 3% after profit tops the Street on strong trading and investment banking
Morgan Stanley crushed profit expectations on trading and investment banking results that exceeded analysts’ expectations. The New York-based company said profit surged 39 percent to $2.44 billion in the second quarter from a year earlier, exceeding the $2 billion estimate...
Signal2forex.com - Best Forex robots and signals




