Dow Rises 100 Points on Thursday after President Donald Trump announced he will meet with Chinese Vice Premier Liu He on Friday. The Dow Jones Industrial Average rose 100 points or 0.4%. The S&P 500 gained 0.5% while the Nasdaq ...
In September, the unemployment rate fell to 3.5%, the lowest rate since December 1969, as employers added 136,000 jobs to the US economy. Economists had anticipated the economy to between 120,000 and 179,000 with the ...
White House is considering limits U.S. On US Portfolio In China, progress that would have repercussions for billions of dollars in investment pegged to major indexes, according to people close with the internal deliberations. This move ...
Federal Reserve cut interest rates by 25 basis points to between 1.75% and 2% for the second time this year, as concerns about a potential global slowdown grow. Interest rates do a lot to encourage ...
Nearly 50,000 GM workers began Striking for fair wages, decent healthcare benefits, and their share of General Motors’ “record-level profits,” just before midnight Sunday following failed contract negotiations. These United Auto Workers walked off General Motors ...
A majority of respondents about 60 percent, said in a new poll that 2020 recession is likely within the next year amid the escalating trade war between the U.S. and China. While the ABC News/Washington Post poll saw that ...
Treasury has unveiled a plan to privatize Fannie Mae and Freddie Mac, the two giant mortgage finance companies. They nearly dropped in the financial crisis 11 years ago and were bailed out at a total ...
The PBS NewsHour has obtained the list of 127 defense projects that halted by the US military to fund Trump’s border wall. The transfers will shift $3.6 billion to President Donald Trump’s efforts to build a ...
Low cost iPhone, new Apple product, will be the strategy of this company to win customers in emerging markets and retake ground in China lost to Huawei Technologies and other rivals, sources stated. Apple is planning to launch ...
Walmart stated it will reduce gun sales and some military-style rifles used in some hunting rifles, naming the status quo on guns in the US “unacceptable.” This decision came a month after a fatal shot ...
Near a year after the trade war between China and America, China’s tariffs cost for US consumers is squarely in the center of attention and, households supposed to face up to $1,000 in additional costs ...
Putting 10% tariffs on Chinese goods by the U.S. since Sept. 1
While the market waits for the U.S. Fed rate cut, oil rises while U.S. crude stocks fall. It is the 5th consecutive day that oil prices rise. This is due to a larger-than-expected drop in ...
Internal Revenue Service is sending thousands of letters to US cryptocurrency holders just after President Donald Trump promised to make Bitcoin a 2020 election issue. IRS is warning more than 10,000 taxpayers that they may ...
President Trump puts off blacklisting Huawei Technologies Co. for a few months as China trade negotiations continued. This decision was made by his administration off the reasoning that it would disrupt trade negotiations with China. ...
The United States faces important changes and stiff challenges ahead: U.S. electric vehicle supply chain creation. While China is moving forward in this direction, the U.S. still seems far behind. Analysts say that with the ...
Between 1985 and 1994, President Trump lost $1 billion in tax figures as per an investigation conducted by The New York Times. Trump did not hesitate to fire back stating that ‘‘you always wanted to ...
