Trump is getting nowhere with Europe and China on widening trade deficits
President Donald Trump repeated earlier this month his frequent complaint that the “the U.S. has been ripped off by other countries for years on trade,” but he omitted to mention that the “ripping off” process continues — on his watch....
Bitcoin tumbles 10% on news of South Korea crypto exchange hack
Bitcoin tumbled 10 percent on Sunday to its lowest in two months, after a relatively small South Korean exchange said it was hacked. Over the weekend, crypto exchange Coinrail tweeted that it was hacked, and noted that lesser-known cryptocurrencies such...
The Fed has a surprise in store that could mean an early end to interest rate hikes
The Federal Reserve could have a surprise in store for investors this week, even if everyone already knows the central bank is raising interest rates. Along with the quarter-point increase in the Fed’s benchmark short-term target, the policymaking Federal Open...
New Italian economy minister vows to stay in euro, cut debt level
Italy’s government has no intention of leaving the euro and plans to focus on cutting debt levels, looking to boost growth through investment and structural reforms rather than deficit spending, the new economy minister said. In his first interview since...
Portland, Oregon, is the best place for retirees — here’s the rest of the list
For most aging Americans, there is no place like home. Sure, some people plan to spend their retirement in a new country, or even at sea. The vast majority of Americans, though, plan to age in place. Three-quarters of those...
G-7 may look like a hot mess, but it doesn’t matter — trade wars do
World leaders may not like the tough “America first” message President Donald Trump is sending on trade and other issues, but their awkward lack of harmony at a tense G-7 meeting doesn’t really matter. What does matter is how they...
Diabetes ‘technological wave’ has too much upside to ignore: JP Morgan
New technologies for diabetes treatment are becoming essential for those who suffer from the disease, according to J.P. Morgan, and that could make companies such as Dexcom compelling investment opportunities. “The diabetes space is currently experiencing its biggest technological wave...
Apple supplier Dialog Semi is in advanced talks for touch screen maker Synaptics
Dialog Semiconductor, which supplies power management chips for Apple’s iPhone, is in talks to acquire Synaptics, the maker of touch-screen and display technology used in mobile devices, according to a person familiar with the matter. Bloomberg previously reported the talks....
The tech sector now is reminiscent of the 1990s dotcom bubble: Wall Street’s Jim Paulsen
Warning signs in today’s tech sector are reminiscent of the dotcom boom of the late 1990s that eventually went bust, market veteran Jim Paulsen told CNBC on Friday. The current “character and attitude of the marketplace” are similar to the...
Bill Ackman’s hedge fund rebounds 10% in May for second-best month since 2014
Bill Ackman’s hedge fund notched a double-digit gain in May, getting a boost from investments like Lowe’s, Chipotle Mexican Grill, and Automatic Data Processing. Pershing Square Holdings’ 10.3 percent net return last month was its second-best month since 2014, while...
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