Financial Services, Industries, News
April 9, 2021
Via: CNBCBEIJING — As U.S.-China tensions continue to simmer under a new administration, risks for American investors with exposure to China are only going to rise, according to a report from Cowen. “We believe President Biden represents a greater risk for […]
January 4, 2021
Via: FortuneThe New York Stock Exchange plans to delist three state-owned Chinese telecommunications companies from U.S. stock exchanges by Jan. 11, following President Donald Trump’s November executive order prohibiting U.S. investment in companies that Washington says support the Chinese military. American […]
December 23, 2020
Via: Markets InsiderPresident Donald Trump launched a surprise attack on the COVID-19 relief bill agreed by Congress, calling for stimulus checks for Americans to be increased from $600 to $2,000. The move caught Washington off-guard, but could easily go wrong for him […]
December 2, 2020
Via: FortuneU.S. prosecutors are investigating whether several individuals offered political contributions in exchange for a presidential pardon, according to an unsealed court document. The names of the people under investigation were blacked out in the document. The disclosure of an alleged […]
November 23, 2020
Via: FortuneUnion leaders and transportation advocates have looked to President-elect Joe Biden and his former Senate colleague Mitch McConnell for possible action next year on a major infrastructure package. Yet, as President Donald Trump and allies including McConnell refuse to recognize […]
November 9, 2020
Via: ABC NewsThe European Union pressed ahead Monday with plans to impose tariffs and other penalties on up to $4 billion worth of U.S. goods and services over illegal American support for plane maker Boeing, but expressed hope that trade ties would […]
November 5, 2020
Via: FortuneU.S. futures and world shares surged on Thursday as investors awaited the outcome of the U.S. presidential election and embraced the upside of more gridlock in Washington. European markets opened higher after a day of gains in Asia, while the […]
October 20, 2020
Via: Market WatchPresident Donald Trump says the American Dream is on the line this election, while Democratic challenger Joe Biden says his campaign is locked in a “battle for the soul of this nation.” That’s weighty rhetoric, but it’s also intangible. How […]
October 2, 2020
Via: FortuneAmid the market turmoil, oil prices sank Friday morning during European trade, as President Trump’s positive test for COVID-19 weighed on investors at a time when crude prices are already struggling with excess supply. While equities stabilized somewhat, crude fell, […]
October 2, 2020
Via: FortuneIntense volatility, a stock slump and more delays on a stimulus package are some of outcomes investors are considering after President Donald Trump tested positive for Covid-19. Trump’s diagnosis adds another element of uncertainty to a market that’s already been […]
October 1, 2020
Via: FortuneDuring a closed-door meeting on Wednesday, Treasury Secretary Steven Mnuchin offered House Speaker Nancy Pelosi the White House’s biggest stimulus offer yet. The White House upped its stimulus offer from $1.3 trillion to $1.6 trillion. That’s still below the $2.2 […]
September 28, 2020
Via: NY Daily NewsThe city Department of Finance will investigate whether President Trump has paid his city taxes, Mayor de Blasio said Monday night in the wake of a bombshell report finding the commander-in-chief paid zero federal income taxes in 10 out of […]
September 16, 2020
Via: FortuneOn Tuesday, the World Trade Organization ruled that tariffs the Trump Administration imposed on Chinese imports in 2018 are a violation of international trade rules—handing China a symbolic victory in the prolonged trade war. But the ruling is unlikely to […]
September 9, 2020
Via: FortuneA survey of American businesses in China released on Wednesday found that a majority of U.S. companies in China don’t have plans to move manufacturing out of China and into the U.S., despite President Donald Trump’s recent remarks that doing […]
August 25, 2020
Via: FortuneThe U.S. and China are finally talking. On Tuesday, trade negotiators from the U.S. and China spoke over the phone to review progress on phase I of the trade deal, according to government officials in both countries. The disclosures eased […]
August 19, 2020
Via: FortuneThe 2020 election will likely be controversial—in more ways than one. With a wrench thrown into traditional voting procedures because of the coronavirus pandemic, partisans on both sides of the aisle are already tossing around the possibility of a messy […]
August 13, 2020
Via: FortuneApple spent years building China into a $44 billion growth driver. Then the U.S. president last week cast all that in doubt. IPhone loyalists across China are now reconsidering their attachment to the device after Donald Trump issued an executive […]
August 11, 2020
Via: Market WatchAfter Republicans and Democrats reached a stalemate in Congress, President Trump issued an executive order from his golf club in New Jersey and signed other memorandums. The executive order called for a payroll-tax deferral. The payroll tax pays for Social […]
July 29, 2020
Via: Market WatchAs Joe Biden’s campaign wraps up its work on rolling out a running mate, the effort has been drawing heightened interest for several reasons — some of them arising from 2020’s unprecedented tumult. The recent nationwide protests over police killings […]
July 21, 2020
Via: NBC NewsWASHINGTON — Less than a quarter of adults believe the U.S. economy is “excellent” or “good” as the coronavirus pandemic and economic anxiety related to its spread loom large, new data from the NBC News|SurveyMonkey tracking poll show. Overall, just […]