China warnings signal Trump’s trade war finally hitting home
ATLANTA/NEW YORK (Reuters) – Weak sales at Apple and Cargill, U.S. giants of technology and agriculture, may be the clearest sign yet that President Donald Trump’s quest to reset world…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained strength in the economy that could ease fears of a…
Defensive stocks top 2019 playbooks
NEW YORK (Reuters) – Perceived safe havens like utilities and consumer staples, often an afterthought in Wall Street’s cascade of year-ahead investment recommendations each December, are emerging as top picks…
Global stock indices edge lower as U.S. government shutdown looms
NEW YORK (Reuters) – World stock markets continued a week-long sell-off on Friday as the threat of a U.S. government shutdown and further hikes in U.S. borrowing costs compounded investor…
Global stocks drop, where is ‘Santa Claus rally’?
NEW YORK (Reuters) – Broad stock declines in Europe and the United States dragged world equity markets lower on Monday, adding to a sell-off that has sent global stocks near…
Wall St. tumbles, S&P closes at lowest level in 14 months
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2018. REUTERS/Brendan McDermid (Reuters) – Wall Street’s three major indexes each slid…
Fed’s Kaplan sees two-three more rate hikes to hit ‘neutral’ level
NEW YORK (Reuters) – Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in “neutral” territory where it is neither stimulating nor…
China moves to lift confidence as economic growth hits weakest pace since 2009
BEIJING (Reuters) – China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to…
China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,” a sign that Beijing may be trying to prevent a…
IMF members pledge to avoid using currencies as trade weapon
NUSA DUA, Indonesia (Reuters) – The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency devaluations and step up dialogue on trade, as escalating trade…