Trump economic adviser says delisting Chinese firms ‘not on the table’
U.S. President Donald Trump’s chief economic adviser on Monday said the administration had begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges “is not on the table.”
Oil rises with eyes on Iraq; stocks, dollar little changed
Oil prices jumped on Monday as supply issues took center stage following a week of sharp losses, while stocks and the dollar were little changed with eyes on the upcoming Sino-U.S. trade talks.
Wall Street cuts losses after comments from Kudlow on trade
U.S. stocks cut losses on Monday after comments from White House economic adviser Larry Kudlow calmed nerves over the outcome of scheduled high-level trade talks with China later in the week, with chipmaker Nvidia buoying the tech-heavy Nasdaq index.
GM laying off another 415 workers in Mexico as U.S. strike continues
General Motors Co said Monday it is temporarily laying off another 415 workers in Mexico as a strike by 48,000 U.S. hourly workers enters its fourth week.
GE to freeze, pre-pay pensions to save up to $8 billion, cut debt
General Electric Co said on Monday it would freeze pensions for about 20,000 salaried U.S. employees and take other related moves to help the ailing conglomerate cut debt and reduce its retirement fund deficit by up to $8 billion.
U.S.-China deputy-level trade talks get underway in tense atmosphere
U.S. and Chinese deputy trade negotiators launched a new round of talks on Monday aimed at resolving the two nations’ 15-month trade war, with neither side showing any signs of giving ground.
Trump economic adviser says delisting Chinese companies is off the table
U.S. President Donald Trump’s chief economic advisor on Monday said the administration has begun studying U.S. investor protections in China, but that delisting Chinese companies traded on U.S. exchanges ‘is not on the table’.
White House adviser sees possible progress in U.S.-China trade talks
White House economic adviser Larry Kudlow on Monday said it was possible U.S. and Chinese trade negotiators could make progress when they meet in Washington this week, and said Washington was open to looking at what proposals Beijing brought.
Oil prices up $1 as U.S.-China trade talks loom, supply issues mount
Oil prices rose around $1 on Monday, buoyed by hopes of progress in U.S.-China trade talks and supported by challenges to supply facing major exporters.
Wall Street dips as caution sets in ahead of trade talks
Wall Street’s main indexes fell on Monday as investors refrained from making big bets ahead of the trade talks later in the week, following a roller-coaster start to the month on fears that the U.S. economy could be sliding into a recession.
