June 26, 2020
Via: Market WatchAmericans turned slightly more cautious about how quickly the economy will recover from the coronavirus in late June as confidence in Washington’s policies fell to the lowest level during the Trump presidency, according to a closely followed survey of consumer […]
June 16, 2020
Via: FortuneThe Trump administration is preparing a nearly $1 trillion infrastructure proposal as part of its push to spur the world’s largest economy back to life, according to people familiar with the plan. A preliminary version being prepared by the Department […]
June 5, 2020
Via: FortuneThe CEO of Hong Kong Exchanges and Clearing, which owns the Hong Kong stock exchange, believes more U.S.-listed Chinese companies will seek to re-list in China this year as tension between the two super-powers seeps into the stock markets. “This […]
May 8, 2020
Via: ABC NewsBEIJING — U.S. and Chinese trade negotiators promised to create “favorable conditions” for carrying out a truce in their governments’ tariff war during a phone call Friday, an official Chinese news agency reported. The call followed a threat by President […]
May 4, 2020
Via: Market WatchU.S. oil prices headed lower early Monday, with persistent worries about a flare up in tensions between China and the U.S. over the former’s handling of the outbreak of the novel strain of coronavirus seen as one catalyst for a […]
April 17, 2020
Via: ABC NewsPresident Donald Trump has given governors a road map for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a […]
April 13, 2020
Via: NBC NewsOil prices moved higher early Monday morning stateside after OPEC and its allies agreed to cut production by 9.7 million barrels per day. The deal, which was finalized on Sunday after marathon discussions that spanned four days, is the single […]
March 17, 2020
Via: USA TODAYU.S. stocks opened higher Tuesday after the Trump administration said it planned financial support for an airline industry devastated by a drop in travel caused by the coronavirus pandemic. The gains following the market’s worst sell-off in more than three […]
March 12, 2020
Via: TimePresident Donald Trump’s decision Wednesday to impose a 30-day ban on most Europeans entering the United States is the latest stunning setback for an airline industry that is reeling from a drop in bookings and a surge in people who […]
February 27, 2020
Via: ABC NewsShares fell in Europe and Asia on Thursday after President Donald Trump announced the U.S. was stepping up its efforts to combat the virus outbreak that began in China, as the number of cases surpassed 81,000. Germany’s DAX lost 2.2% […]
February 25, 2020
Via: FortuneU.S. President Donald Trump touted “tremendous progress” on a trade deal with India as he sought to strengthen ties with a country key to American efforts to blunt China’s influence in Asia. Officials have tried to hammer out a modest […]
February 10, 2020
Via: FortunePresident Donald Trump is offering a $4.8 trillion election-year budget plan that recycles previously rejected cuts to domestic programs to promise a balanced budget in 15 years — all while boosting the military and leaving Social Security and Medicare benefits […]
February 7, 2020
Via: Market WatchIf you’re looking for work, would the auto industry provide job security? President Trump promised “nearly 100,000 new high-paying American auto jobs” in his State of the Union address Tuesday, a result of the U.S.-Mexico-Canada Agreement (USMCA). He added that […]
February 7, 2020
Via: ABC NewsWASHINGTON — With China’s viral outbreak disrupting trade and Boeing’s troubles weighing on American factories, the January U.S. jobs report on Friday may provide timely evidence of the U.S. economy’s enduring health. Economists estimate that employers added 161,000 jobs last […]
January 16, 2020
Via: ABC NewsBANGKOK — Global markets took cheer Thursday from the signing of a preliminary China-U.S. trade agreement that investors hope will bring better relations between the two biggest economies. Germany’s DAX advanced 0.4% to 13,490.16 while the CAC 40 in Paris […]
January 15, 2020
Via: TimePresident Donald Trump is expected to sign “phase one” of a U.S.-China trade deal Wednesday—marking a cooling of the trade war that has roiled markets and upset supply chains around the globe. On paper, the deal will enhance Intellectual Property […]
January 13, 2020
Via: USA TODAYThe stock market has shaken off its jitters over Iran, but analysts say investors could still be in for a bumpy ride this year. Stocks are back near records, a sharp turnaround after Iran’s missile attacks sent futures tumbling Tuesday […]
December 26, 2019
Via: CNBCPresident Donald Trump’s stock market stacks up well against the majority of his presidential predecessors. The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into […]
December 20, 2019
Via: Market WatchU.S. stocks just keep on climbing. The three major benchmark indexes all closed at fresh record highs on Thursday despite President Donald Trump’s historic impeachment. The U.S.-China trade war truce and recent positive economic data have buoyed investors toward the […]
December 19, 2019
Via: CNBCPresident Donald Trump was impeached Wednesday night by the House of Representatives, yet stocks were not unnerved on Thursday, ignoring the political firestorm and instead focusing on a trade deal with China and an economy that appears to be reaccelerating. […]