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Investors try to figure out Trump's trade war endgame: 'I can't even tell you what victory is'

There are lofty ambitions: a world without tariffs, a "level playing field" and the promise of untethered growth.

5 years ago

U.S. government contractors to get first look at Huawei ban today

The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.



5 years ago

Here's how many people claimed this new 20% small-business tax break

More than 14 million tax returns claimed the new 20% qualified business income deduction in 2018, according to IRS data through May 23. How to know if you qualify.

5 years ago

Trump says China is 'killing us with unfair trade deals'

U.S. President Donald Trump on Wednesday said his tough stance on China's behavior in global markets would ultimately benefit the American economy, even as Beijing signaled it could strike back by curbing sales of critical chemicals known as rare earths.



5 years ago

Oil slumps 5% to seven-month low on trade tensions, surprise U.S. stock build

Oil prices tumbled up to 5% on Wednesday to a fresh seven-month low, extending recent heavy losses following an unexpected build in U.S. crude stockpiles and fears of lower crude demand due to deepening U.S.-China trade tensions.



5 years ago

GM wins victory in ignition switch defect litigation

General Motors Co persuaded the federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.



5 years ago

In the Future, Home Will be Wherever Consumers Choose to be

Flinks | Yves-Gabriel Leboeuf | Aug 7 2019 Consumers will soon be able to benefit from the same level of trust they get from the local bank in their hometown, wherever they are in the world. Imagine for a moment that as you settle in a foreign country, you go straight to a financial institution

5 years ago

Oil dives 4% to seven-month low on surprise U.S. stock build, trade war

Oil prices tumbled more than 4% on Wednesday to a seven-month low, extending recent heavy losses following a surprise build in U.S. crude stockpiles and fears that demand will shrink due to Washington's escalating trade war with Beijing.



5 years ago

Ryanair's UK pilots vote to strike later this month

Members of Ryanair's British pilot union voted on Wednesday in favor of strike action later this month in a dispute over working conditions, the British Airline Pilots Association (BALPA) said.



5 years ago

New York Times forecasts weakness in digital ads, shares down 12%

The New York Times Co fell short of Wall Street estimates for revenue on Wednesday and warned of declines in digital advertising for the rest of the year, sending its shares down 12%.



5 years ago

Wall Street retreats as bond market fuels recession fears

U.S. stocks fell on Wednesday, as investors reeling from rising trade tensions fled riskier assets for perceived safer havens and the bond markets signaled a higher risk of recession.



5 years ago

GM wins victory in ignition switch defect lawsuits

General Motors Co persuaded the U.S. federal judge who oversees nationwide litigation over defective ignition switches to narrow claims by owners who said their vehicles lost value because of the defect, which has been linked to 124 deaths.



5 years ago

Banks pummeled as rates dive, but analysts say sell-off is an overreaction

Bank stocks are getting slammed this week as the trade war heats up but some analysts say that selling is misplaced.

5 years ago

Former Defense Secretary Mattis rejoins General Dynamics board

Former U.S. Defense Secretary Jim Mattis will rejoin the board of defense company General Dynamics Corp , seven months after quitting his job in the Trump administration over disagreements about the president's foreign policy, the defense contractor said on Wednesday.



5 years ago

U.S. government contractors get first look at Huawei ban

The U.S. agency responsible for government contracts on Wednesday released an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei.



5 years ago