Top

Category: Finance Tech


Finance Tech, Trading

World shares fall as Huawei sanctions stir trade fears

May 17, 2019

Via: ABC News

Global markets were mostly lower on Friday amid worries that U.S. economic sanctions on Huawei may cast a pall on trade negotiations with China. Germany’s DAX slid 0.8% to 12,215.20 and the CAC 40 in France lost 0.5% to 5,418.70. […]


Enterprise, Finance Tech, Industries, Trading

Ford, GM shares jump as Trump plans to delay auto tariffs

May 15, 2019

Via: CNBC

Shares of Ford and General Motors jumped on Wednesday as President Donald Trump plans to delay auto tariffs for six months, people familiar with the situation told CNBC. Ford and GM shares both added about 1% after opening with declines […]


Finance Tech, Industries, Manufacturing, Trading

Trump Wants You to Buy American. Here’s Why That’s Almost Impossible

May 14, 2019

Via: Time

For nearly a century, the St. Pierre Manufacturing Corporation has made products such as horseshoes, tire chains, and anchors in a facility near Worcester, Mass. But in recent months, St. Pierre has been struggling. Why? Increased tariffs on goods from […]


Finance Tech, Trading

Warren Buffett was wrong about the trade war

May 14, 2019

Via: Business Insider

The legendary investor Warren Buffett may have a gift for recognizing risks and anticipating disasters, but he was off the money when he predicted there wouldn’t be a trade war between the US and China. “I don’t think either country […]


Finance Tech, Trading

Dow futures fall over 300 points as U.S.-China trade talks appear stalled

May 13, 2019

Via: Market Watch

Wall Street was setting up for a tough start to the week on Monday, with Dow Jones Industrial Average futures down over 300 points as investors waited for countermeasures from China after trade talks with the U.S. appeared to end […]


Finance Tech, Trading

Bitcoin climbs back above $7,000 and is now up 90% year-to-date

May 13, 2019

Via: CNBC

Bitcoin has jumped above $7,000, continuing a stunning comeback for the cryptocurrency in 2019. The virtual currency climbed close to $7,600 on Sunday, according to industry website CoinDesk. It’s since pared gains, but is still holding above that $7,000 level. […]


Finance Tech, Trading

U.S.-China Trade War Worsens, but Global Markets Find a Footing

May 10, 2019

Via: The New York Times

Stocks edged lower again on Wall Street, sending the S&P 500 down for its fifth consecutive day, as the Trump administration imposed fresh tariffs, escalating the trade war with China. The benchmark American stock market index fell, led by declines […]


Finance Tech, Trading

U.S. trade deficit widens slightly in March even as gap with China falls to three-year low

May 9, 2019

Via: Market Watch

The numbers: The nation’s trade deficit rose slightly in March, but it continued to run below year-ago levels in a sign the gap might not weigh on the economy as heavily this year as it did in 2018. A chief […]


Finance Tech, Trading

Europe markets higher as investors shake off trade fears

May 8, 2019

Via: Market Watch

Strong first quarter earnings reports helped markets in Europe shake off the pull of Tuesday’s sharp losses. How did markets perform? The Stoxx 600 SXXP, -0.41% dipped 0.2% to 382.2. It fell 1.4% Tuesday. The U.K.’s FTSE 100 UKX, -0.31% […]


Finance Tech, Trading

Global markets plunge on Donald Trump’s shock tariff threat as the US-China trade war escalates

May 6, 2019

Via: Business Insider

Global markets plunged after President Donald Trump on Sunday threatened to raise tariffs on hundreds of billions of dollars worth of Chinese goods and , escalating the US-China trade war. Trump threatened to dramatically ramp up the trade war with […]