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US consumer prices rise a slight 0.1% in August

September 12, 2019

Via: CNBC

Consumer prices slowed in August, rising by a slight 0.1%, reflecting a big drop in the cost of gasoline and other energy products. The Labor Department says the tiny increase in its consumer price index followed a much bigger 0.3% […]


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Trump says Fed ‘boneheads’ should cut interest rates to zero ‘or less,’ US should refinance debt

September 11, 2019

Via: CNBC

President Donald Trump on Wednesday continued his verbal assault on the Federal Reserve, which he blames for slowing the economy, tweeting that the central bank should cut interest rates to zero or even set negative interest rates. The president also […]


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Electric Cars Sales Fall for the First Time Ever

September 3, 2019

Via: Fortune

Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market. Monthly sales worldwide fell 14% to about 128,000 plug-in passenger […]


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US economy grew at a moderate 2% annual rate last quarter

August 29, 2019

Via: ABC News

The U.S. economy grew more slowly in the spring, and many economists think the slowdown will continue and perhaps complicate President Donald Trump’s hopes that a surging economy enhance his 2020 re-election hopes. The gross domestic product, the broadest gauge […]


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European economy sees slight recovery from trade tensions in August, PMI data shows

August 22, 2019

Via: Market Watch

The European economy saw a slight recovery in August from weak demand caused by trade tensions, according to data released Thursday. IHS Markit said the flash manufacturing purchasing managers index in the eurozone rose to a two-month high of 47 […]


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US delays tariffs on some Chinese goods, drops others

August 13, 2019

Via: ABC News

The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. The Office of the U.S. Trade […]


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The global trade war has morphed into a currency war. Here’s why that’s a scary proposition for markets.

August 7, 2019

Via: Business Insider

President Donald Trump’s trade war has increasingly revolved around the role of global currencies. It’s a shift he’s ushered along by crying foul on alleged currency manipulation. And there have even been reports that he’s considered doing it with the […]


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Stocks making the biggest moves premarket: Allergan, Dean Foods, Energizer, Shake Shack & more

August 6, 2019

Via: CNBC

Allergan – Allergan beat estimates by 3 cents a share, with adjusted quarterly profit of $4.38 per share. The drugmaker’s revenue beat forecasts as well, driven by strong sales of products like Botox and Juvéderm. Allergan also raised its full-year […]


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Europe stocks hammered by U.S.-China trade tensions

August 5, 2019

Via: Market Watch

Asian stocks were hit hard as the dollar USDCNY, +1.4106% rose about the key 7 level vs. the Chinese yuan, and as protests continued in Hong Kong. “Today’s decision by China’s central bank to allow the yuan to breach the […]


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Trump Says ‘A Small Rate Cut Is Not Enough’ Ahead of Fed Meeting

July 29, 2019

Via: Fortune

President Donald Trump renewed his attack on the Federal Reserve ahead of its meeting this week, complaining it “probably will do very little” to counteract actions by Europe and China to ease monetary policy and declaring “a small rate cut […]