Powell stops short of committing to rate cuts, and Trump fumes
The Federal Reserve will “act as appropriate” to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump.
IMF’s Gopinath says U.S. monetary policy being accommodative and data driven
International Monetary Fund chief economist Gita Gopinath said on Friday that U.S. monetary policy is being accommodative and data driven.
Trump presses U.S. companies to close China operations
President Donald Trump said on Friday he was ordering U.S. companies to look at ways to close their operations in China and make more of their products in the United States instead, sending U.S. markets down sharply in a new rhetorical strike at Beijin…
Trump meets with trade team at White house: CNBC reporter on Twitter
President Donald Trump was meeting with his trade team at the White House, according to CNBC, after China imposed retaliatory tariffs on U.S. goods and the Republican leader told American companies to get out of China.
Stocks and oil fall, yen rallies as Trump threatens counter to China tariffs
A global stock index fell alongside oil prices and U.S. yields after U.S. President Donald Trump threatened to further escalate his trade war with China “this afternoon” after a new round of retaliation tariffs from Beijing.
Trump’s China trade comments send US stocks tumbling
Wall Street’s main indexes lost more than 1% on Friday after President Donald Trump said U.S. companies should “immediately start looking for an alternative to China” after Beijing officials earlier retaliated by imposing tariffs on U.S. goods.
Wall Street tumbles as Trump escalates trade dispute with China
Wall Street’s three main indexes lost more than 1% on Friday after President Donald Trump ordered U.S. companies “to immediately start looking for an alternative to China” in response to Beijing’s threat to impose retaliatory tariffs on U.S. goods.
For some, currency wars may not be fun or easy to win
It’s a maxim for private investors: Don’t fight the Fed.
Ryanair to shut four Spanish base next year: union
Ryanair has decided to close its Spanish bases in Las Palmas, Tenerife South, Lanzarote and Girona from January, putting the jobs of more than 500 pilots and cabin crew at risk, the local USO union said on Friday.
Qualcomm wins a pause in enforcement of FTC ruling
Qualcomm Inc won a partial stay against the enforcement of a sweeping antitrust ruling in a lawsuit brought by the U.S. Federal Trade Commission (FTC), according to a court filing on Friday.
