Oil prices steadied on Monday after France’s president lifted hopes for a deal between the United States and Iran, while optimism for easing U.S.-China trade tensions supported prices.
Japanese Prime Minister Shinzo Abe said on Monday stable relations between the United States and China are “very important” not just for these economies, but for the sake of the global economy.
Many people think that economic inequality is a huge problem in America, but that’s not true.
Today, Alexander Green explains how inequality shows that our free market system is working.
In my last column, I argued that – contrary to many voices on the far left and far right – capitalism doesn’t need to be reformed.
Those who claim that it does generally cite the same reason: economic inequality.
In particular, many politicians hope to garner enough votes to gain (or regain) elected office by promising to fix the problem with massive income redistribution.
Some agree, arguing that it is wrong for some Americans to …read more […]
Kraft Heinz Co’s newly-appointed chief executive officer replaced finance chief David Knopf on Monday in what he said was a strategic decision, naming the more “seasoned” Paulo Basilio, after the company was forced to restate three years of results.
U.S. President Donald Trump said on Monday he was confident that China was sincere about wanting a trade deal with the United States because it had taken “a very large hit” in recent months.
Amgen Inc will buy Celgene Corp’s psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year.
Germany’s cartel office said on Monday it would appeal a regional court decision to suspend restrictions it had placed on Facebook’s data collection practices to the country’s highest court.
Wall Street rebounded on Monday after U.S. President Donald Trump sought to ease trade tensions with China, soothing investor nerves after an intense feud between the world’s top two economies last week sent stocks into a tailspin.
The German cartel office will appeal a regional court’s decision to suspend restrictions it had imposed on Facebook’s data collection practices to the Federal Court of Justice, Germany’s highest court.
U.S. stocks opened higher on Monday, as President Donald Trump sought to ease trade tensions with China, calming investor nerves after intense feuding between the world’s top two economies last week sent stocks into a tailspin.
New orders for key U.S.-made capital goods rose modestly in July while shipments fell by the most in nearly three years, pointing to continued weakness in business investment and a slowdown in economic growth early in the third quarter.
Yum Brands Inc said on Monday it will be testing Beyond Meat Inc’s plant-based chicken nuggets and boneless wings at an Atlanta KFC restaurant, the latest fast-food chain trying new options to attract vegan diners.
A German court on Monday temporarily suspended a February decision by the cartel office to order Facebook to restrict its data collection practices in Germany.
KKR has become the biggest shareholder of German media group Axel Springer , paying 2.9 billion euros ($3.2 billion) for a 43.54% stake, the U.S. private equity firm said on Monday.
The United States and China sought to ease trade war tensions on Monday, with Beijing calling for calm and U.S. President Donald Trump predicting a deal after markets fell in response to new tariffs from both countries.
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