Shares, dollar rebound on new U.S.-China trade call
U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some Chinese products, easing concerns that a protracted trade war would harm global growth.
Apple leads Wall Street rally as U.S. delays on tariffs
U.S. stocks surged more than 1.5% on Tuesday after the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 4% rally in shares of iPhone maker Apple Inc.
Oil soars over 3% on easing U.S.-China trade tensions
Oil prices rose over 3% on Tuesday after the United States said it will delay imposing a 10% tariff on certain Chinese products, easing concerns over a global trade war that has pummelled the market in recent months.
Past-due student loans, credit card debt could weigh on U.S. growth
More people in the United States appear to be struggling to keep up with their credit card and student loan debt, which could put pressure on one of the strongest drivers of economic growth.
Boeing deliveries fall 38% in the first seven months of 2019
Boeing Co delivered 38% fewer planes in the first seven months of 2019 than the same period a year earlier, as the grounding and doubts around the future of its best-selling 737 MAX jets hurt operations.
U.S. to delay China tariffs on some products, including laptops, cell phones
The Trump administration on Tuesday delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and a wide range of other products made in China, in an abrupt pull-back from a hardline stance on Chinese trade.
U.S. details items from China for which new tariff is delayed
The Trump administration on Tuesday released a 21-page list detailing an extensive array of Chinese imports for which it has decided to delay a new 10% tariff from Sept. 1 to Dec. 15, ranging from frozen fish to fireworks, sports equipment and baby gea…
Apple leads Wall Street surge as U.S. delays on tariffs
U.S. stocks surged almost 2% on Tuesday as the Trump administration said it would delay 10% tariffs on some Chinese products, including laptops and cell phones, driving a 5% surge in shares in iPhone maker Apple Inc.
Exclusive: Citgo to appoint new CEO to navigate political, legal turmoil – sources
Citgo Petroleum Corp has selected Carlos Jorda as its next chief executive, according to three people familiar with the matter, turning to a seasoned refinery expert and native Venezuelan to run a company facing legal attacks and working under U.S. san…
Oil soars on easing U.S.-China trade tensions
Oil prices rose more than 3% on Tuesday after the United States said it will remove some products from its China tariff list, easing concerns over a global trade war that has pummeled the market in recent months.
