Tag: Economy

November 1, 2019

Oil futures were up slightly Friday, buoyed by an upbeat read on Chinese manufacturing activity, but remain on track for a weekly loss after a rise in U.S. inventories and uncertainty around U.S.-China trade talks. West Texas Intermediate crude for […]

November 1, 2019

October – historically a spooky month for stocks – wasn’t too scary this year. An ominous cloud typically hangs over the market in October due to the stockmarket crash of 1929, Black Monday in 1987 and the 2008 financial crisis, […]

October 30, 2019

The Federal Reserve cut interest rates Wednesday for the third time this year as slowing business investment, ongoing trade tensions and global weakness continued to weigh on the American economy. But the Fed signaled that it will pause and assess […]

September 20, 2019

Texas Instruments – Texas Instruments raised its quarterly dividend by 17%. The chipmaker will now pay 90 cents per share, up from the prior 77 cents a share, with the next dividend payable November 18 to stockholders of record on […]

September 3, 2019

If you’re still catching your breath from the stock market’s characteristically wild swings in August, buckle up: September could be even bumpier. Over the past 50 years, September has been the worst month for stocks, posting an average decline of […]

August 29, 2019

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 […]

August 19, 2019

WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021. Thirty-four percent of economists […]

August 7, 2019

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 […]

August 6, 2019

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 […]

August 6, 2019

Agriculture has been a weapon of choice in the escalating trade war between the world’s two largest economies. With China officially pulling out of buying U.S. agricultural products, American farmers are losing one of their biggest customers. It could be […]