Markets > New York

Trump campaign won't allow Bloomberg reporters at events

5 monthes ago   |   By Chron

NEW YORK - President Donald Trump's campaign says it will no longer give passes to Bloomberg News reporters to cover its rallies and other campaign events.
Campaign spokesman Brad Parscale said Monday that Bloomberg, in the wake of founder Michael Bloomberg's own Democratic presidential bid, has “formalized preferential reporting policies.” Bloomberg's Editor-in-Chief John Micklethwait says that's not true.
When Bloomberg announced his candidacy, Micklethwait said his news organization would not investigate the boss or other Democratic candidates. But he said the Trump administration would...
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Trump's metals tariff tweet roils Brazil, Argentina

5 monthes ago   |   By Reuters

U.S. President Donald Trump on Monday said he would restore tariffs on steel and aluminum imports from Brazil and Argentina, surprising officials in the two South American countries who sought explanations. Chris Dignam has more.
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Trump campaign says it will no longer credential Bloomberg News reporters over outlet's 2020 policy

5 monthes ago   |   By Stl Today

President Trump's 2020 campaign announced Monday that it will no longer credential Bloomberg News reporters for its events after the outlet said it would not conduct investigations into the Democratic presidential candidates, but would continue to probe the Trump administration.
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Survey: Higher number of small businesses hurt by tariffs

5 monthes ago   |   By Chron

NEW YORK - A growing number of small business owners say the Trump administration's trade tariffs and policy are hurting their companies.
That's one of the findings of a Bank of America survey of owners taken during July and August and obtained by The Associated Press. Forty-four percent of the 1,323 owners surveyed said their businesses have been affected by the administration's trade tariffs and policy. That was up from 41% in a survey taken during the spring and 36% in a survey released a year ago. In the latest survey, nearly a fifth of the owners said tariffs and trade policy had a...
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Trump threatens to rock Brazil & Argentina with renewed tariffs on metals

Trump threatens to rock Brazil & Argentina with renewed tariffs on metals

5 monthes ago   |   By RT

US President Donald Trump on Monday attacked Brazil and Argentina over their respective currency depreciations, saying he will immediately reintroduce tariffs on steel and aluminum imports from them.
“Brazil and Argentina have been presiding over a massive devaluation of their currencies which is not good for our farmers,” Trump tweeted, adding: “Therefore, effective immediately, I will restore the Tariffs on all Steel & Aluminum that is shipped into the US from those countries.”
He has also urged the US Central Bank to cut interest rates to weaken the dollar.
Brazil and Argentina have...
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Dow sinks 200 points after Trump resurrects steel, aluminum tariffs, renewing global trade worries

5 monthes ago   |   By Washington Post

President Trump surprised markets by reinstating steel and aluminum tariffs on Brazil and Argentina.
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Brazil, Argentina Now On Receiving End Of Trump Tariffs

5 monthes ago   |   By NPR

President Trump on Monday tweeted that he's reimposing steel and aluminum tariffs on Brazil and Argentina. The new tariffs turn up the heat on what was already a simmering trade war.
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Trump says he will reimpose steel and aluminum tariffs on Brazil and Argentina, opening new trade war fronts

5 monthes ago   |   By Washington Post

The president says the two nations are "presiding over a massive devaluation of their currencies. which is not good for our farmers."
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Stocks pull back on Wall Street as trade worries flare again

Stocks pull back on Wall Street as trade worries flare again

Stocks are opening lower on Wall Street as traders worry that trade tensions could flare again with China and as protests spread across the U.S. against police brutality... Read more ...

Stocks move higher on Wall Street after wobbly start

Stocks move higher on Wall Street after wobbly start

Stock indexes edged higher in early trading on Wall Street Monday as investors balanced cautious optimism about the reopening of businesses shut down because of the coronavirus... Read more ...

US stocks dip as China halts American farm purchases, further stoking trade...

US stocks dip as China halts American farm purchases, further stoking trade tensions

US stocks slid on Monday after the Chinese government ordered a halt of American farm imports. The announcement further inflamed US-China trade tensions and paused a key... Read more ...

US manufacturing industry stabilizes after plunging to financial-crisis...

US manufacturing industry stabilizes after plunging to financial-crisis lows, ISM survey reveals

The US manufacturing industry ended a four-month decline and began to stabilize in May, the Institute for Supply Management's latest survey showed Monday. The ISM's purchasing... Read more ...

Pfizer tanks 8% after halting breast-cancer treatment trial on lowered hopes...

Pfizer tanks 8% after halting breast-cancer treatment trial on lowered hopes for success

Pfizer stock plummeted as much as 8.2% on Monday after the company halted a phase 3 breast-cancer treatment trial. The pharmaceutical giant's palbociclib treatment was... Read more ...

'The worst may not be over': Why one Wall Street analyst is wary of the...

'The worst may not be over': Why one Wall Street analyst is wary of the market's rally

Societe Generale analysts are wary of the market's rebound rally from March 23 lows. "The wobbling performance of cyclicals so far and the continuation of Momentum indicates... Read more ...

Chinese manufacturing output surged the most in 9 years in May, signaling a...

Chinese manufacturing output surged the most in 9 years in May, signaling a coronavirus recovery

China's manufacturing output expanded the most in nine years in May, according to IHS Markit's Purchasing Managers Index data released on Monday. However, Chinese government... Read more ...

Goldman Sachs lifts its downside target for the S&P 500, and lays out 4...

Goldman Sachs lifts its downside target for the S&P 500, and lays out 4 risks to its forecast

Goldman Sachs raised its downside target for the S&P 500 on Friday, after investor hopes for a swift economic recovery sent the benchmark index higher in recent weeks. "The... Read more ...

2 portfolio managers featured in 'The Big Short' are set to join the new...

2 portfolio managers featured in 'The Big Short' are set to join the new hedge fund being set up by Steve Cohen's former right-hand man

Tom Conheeney's new fund, which is called EmeraldRidge Advisors, is planning to add two well-known portfolio managers, Vincent Daniels and A. Porter Collins. The pair is most... Read more ...

Global stocks pull back from gains on reports China is halting key...

Global stocks pull back from gains on reports China is halting key agricultural imports such as soybean from the US

Most stocks rose in early hours of trading on Monday as investors cheered Trump's dovish response on Hong Kong but reports that China is halting some soybean purchases from US... Read more ...