Economy - Finance > United States

Oil prices fall on disappointing economic data from Europe and China

5 monthes ago   |   By Reuters

Oil prices fell on Wednesday on disappointing economic data from China and Europe and a rise in U.S. crude inventories, partly erasing the previous session's sharp gains after the United States said it would delay tariffs on some Chinese products.
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Stocks Face A Dead Cat Bounce; Gold and Bitcoin Are Likely To Move Higher

5 monthes ago   |   By Forbes

U.S. equity markets bounced back up yesterday because of the optimism on U.S.-China trade war optimism. I am not convinced because this is the same old film, and this is the reason that I think both gold and Bitcoin are likely to move higher
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News Brief: Hong Kong Protests, China Tariffs, Placido Domingo

5 monthes ago   |   By NPR

Mainland China seems to be ramping up efforts against Hong Kong protesters. The U.S. is delaying some new tariffs against China. One of opera's most popular stars faces sexual misconduct allegations.
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China's Slumping, So What's Up With Coal?

5 monthes ago   |   By Washington Post

Blame the trade war and Xi Jinping's creed of self-reliance for this spending boom. Prices will suffer.
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China's economy worsens in July, industrial growth at 17-year low as trade war escalates

5 monthes ago   |   By Reuters

China's economy stumbled more sharply than expected in July, with industrial output growth cooling to a more than 17-year low, as the intensifying U.S. trade war took a heavier toll on businesses and consumers.
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Germany's economy just shrank, meaning Europe's biggest economy is 'teetering on the edge of recession'

Germany's economy just shrank, meaning Europe's biggest economy is 'teetering on the edge of recession'

5 monthes ago   |   By Business Insider

Germany's economy shrank 0.1% in the second quarter, driven by a decline in exports due to the US-China trade war.
The slowdown is bad news given Germany is Europe's largest economy and a key player in the eurozone.
The contraction comes after the UK economy shrunk last week for the first time since 2012 due to Brexit fears, underlining how political uncertainty is weighing on Europe.
View Markets Insider's homepage for more stories.
Germany's economy shrank by 0.1% in the three months to June, signaling a recession could be looming.
The decline marks a sharp shift from the 0.4% growth it...
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US futures point to slightly higher open

5 monthes ago   |   By CNBC

Market focus is largely attuned to trade developments, after the U.S. delayed tariffs on some Chinese imports in the previous session.
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How the U.S.-China Trade War Got to This Point

5 monthes ago   |   By Washington Post

The trade war roiling the global economy is being fought not trench by trench but product by product. A typical salvo was a tariff placed by the U.S. in 2018 on imports from China of “Harrows , scarifiers, cultivators, weeders and hoes for soil preparation or cultivation.” That has since morphed into a threat of tariffs on toys and clothes as negotiations and truces come and go. Beyond the fine print are broad issues such as market access, intellectual property and the proper ro
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The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices...

The Biggest Stock Market “Melt Up” In U.S. History Has Pushed Stock Prices To The More Overvalued Levels Ever

Over the past several months, we have witnessed one of the greatest stock market rallies in American history. The S&P 500 has gone 70 days in a row without a 1 percent loss... Read more ...

Amazon is working to develop biometric scanners to link handprints to credit...

Amazon is working to develop biometric scanners to link handprints to credit cards, allowing shoppers to buy with the swipe of their palm

Amazon is working with credit card companies to create terminals to allow users to pay for items with biometric data from their handprint, The WSJ reported. The online retailer... Read more ...

'Grave danger': The world's biggest stock bear says it could take 30 years...

'Grave danger': The world's biggest stock bear says it could take 30 years for stocks to be fairly valued - and says a 67% market loss is 'far more likely'

John Hussman - the outspoken investor and former professor who's been predicting a stock collapse - says investors are locking in dismal returns "regardless of their investment... Read more ...

Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups

The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three... Read more ...

Shark Tank: Genius Juice, Rapid Rope, Ready. Set. Food!, and Ka-Pop

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Oklahoma state senators want 'MAGA' license plate designs, raising campaign...

Oklahoma state senators want 'MAGA' license plate designs, raising campaign finance concerns

Two Republican state senators proposed specialty license plate designs for drivers in Oklahoma that includes two of President Donald Trump's campaign slogans. If approved... Read more ...

Puerto Ricans discovered a warehouse full of unused food, water, and...

Puerto Ricans discovered a warehouse full of unused food, water, and supplies from Hurricane Maria, resulting in the firing of the island's emergency manager

A warehouse full of unused supplies , including food, water, cots, and baby formula leftover from 2017's Hurricane Maria was discovered in Ponce, Puerto Rico on Saturday. The... Read more ...

A Mayor In Norway's Arctic Looks To China To Reinvent His Frontier Town

A Mayor In Norway's Arctic Looks To China To Reinvent His Frontier Town

Melting ice means ships are plowing along polar lanes, so Rune Rafaelsen wants Chinese investors to help turn the small town of Kirkenes into a major logistics hub. But... Read more ...

Inside iHeartMedia's recent job cuts, which laid-off employees say...

Inside iHeartMedia's recent job cuts, which laid-off employees say sacrificed local radio programming

IHeartMedia recently announced a round of layoffs, saying it was part of a "modernization" process for the company, as it relies increasingly on technological investments to... Read more ...

One stunning chart undercuts Trump's favorite economic scorecard - and shows...

One stunning chart undercuts Trump's favorite economic scorecard - and shows why its misleading

Trump has repeatedly touted the stock market as a scorecard to show the economy is strong and reaching new highs. But the stock market doesn't entirely reflect the state of the... Read more ...