Trading Ideas
Alibaba (BABA) Stock Sinks As Market Gains: What You Should Know
In the latest trading session, Alibaba (BABA) closed at $164.75, marking a -0.4% move from the previous day. …read more […]
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Trading Ideas
Trump readies tariffs on $200 billion more Chinese goods despite talks – source
U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion (153.08 billion pounds)of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on Friday. The green light for the tariffs, first reported by Bloomberg, initially dragged U.S. stocks lower, fuelled drops in the Chinese yuan in offshore trading (CNH=EBS) and gains in the dollar index (.DXY). The Trump administration has demanded that China cut its $375 billion trade surplus with the United States, end policies aimed at acquiring U.S. technologies …read more […]
Business News
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on Friday.
Trading Ideas
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on Friday. The green light for the tariffs, first reported by Bloomberg, initially dragged U.S. stocks lower, fueled drops in the Chinese yuan in offshore trading (CNH=EBS) and gains in the dollar index (.DXY). The Trump administration has demanded that China cut its $375 billion trade surplus with the United States, end policies aimed at acquiring U.S. technologies and intellectual …read more […]
Trading Ideas
Why L Brands, Owens-Illinois, and Advanced Micro Devices Jumped Today
Find out who’s talking about these stocks — and what they’re saying. …read more […]
Business News
Volvo Cars seeks U.S. tariff exemption for Chinese-made SUV
Volvo Cars has asked the Trump administration to exempt the company’s Chinese-made mid-size XC60 SUV from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China.
Trading Ideas
Here's Why Tilray Inc. Tanked Today
A report about how the U.S. might block cannabis investors from entering the country stokes a sell-off of this high-flying marijuana stock. …read more […]
Business News
Trade conflict looms but higher rates, oil prices help some stocks
A world stock index climbed as bank and energy shares rose on Friday, but the momentum was sapped by a report that Washington may fire a new salvo in its trade war with Beijing.
Business News
Wall Street flat as looming tariffs offset gains in financials
U.S. stocks ended little changed on Friday as financials gained with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion more of Chinese products limited gains.
Trading Ideas
Better Buy: Procter & Gamble vs. Unilever
Which of these consumer-products giants is a better bet today? …read more […]
Business News
Daly appointment shows diversity gap between regional Feds
The appointment of Mary Daly as the second-ever woman to head up the San Francisco Federal Reserve makes plain that some regional central banks continue to make strides in creating a diverse leadership as criticism intensifies about the Fed’s hiring policies while others fall behind.
Business News
Mary Daly, labor expert, picked to run San Francisco Fed
Mary Daly, a labor economist who dropped out of high school, later earned a PhD from Syracuse University, joined the San Francisco Fed’s research department in 1996 and led it since 2017, was picked on Friday to be the bank’s next president after a five-month search.
Trading Ideas
Wall Street near flat, Trump gives go ahead on China tariffs
U.S. stocks were flat on Friday after President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products, while financial shares gained with bond yields. A source familiar with the situation confirmed reports initially carried by both Bloomberg and Fox News on the moves by the White House. U.S. Treasury yields rose above 3 percent earlier in the day but were last off those levels. …read more […]
Business News
Wall Street near flat, Trump gives go ahead on China tariffs
U.S. stocks were flat on Friday after President Donald Trump instructed aides to proceed with tariffs on about $200 billion of Chinese products, while financial shares gained with bond yields.
Business News
U.S. House Democratic leader: NAFTA should stay a trilateral deal
U.S. House of Representatives Democratic Leader Nancy Pelosi on Friday warned the Trump administration that NAFTA should be maintained as a trilateral pact between the United States, Mexico and Canada and not just as a U.S.-Mexico arrangement.