U.S. trade restrictions have hit $369 billion of Chinese exports: monitoring group
U.S. trade restrictions have hit a total of $369 billion of Chinese exports this year, much higher than the $278 billion of goods impacted by tariffs alone, a regular monitoring report of G20 trade restrictions said on Thursday.
U.S. stocks turn higher on Fed minutes; dollar recovers slightly
Wall Street turned positive on Thursday after the U.S. Federal Reserve released minutes of its latest policy meeting, while the dollar rose and Treasury yields softened after investors digested recent comments by Fed Chair Jerome Powell.
Wall Street turns positive after release of Fed minutes
Wall Street eked out gains Thursday, reversing the session’s earlier losses after the U.S. Federal Reserve released minutes from its November meeting in which the central bank opened the debate on when to pause further interest rate hikes.
Fed minutes: Further hike ‘warranted soon,’ debate opened on pause
Almost all Federal Reserve officials at their last meeting agreed another interest rate increase was “likely to be warranted fairly soon,” but also opened debate on when to pause further hikes and how to relay those plans to the public.
Twitter tumbles on fear of conservative backlash
Shares of Twitter Inc tumbled 6 percent on Thursday after reports that Fox News had not tweeted for three weeks sparked fears of a backlash by conservatives protesting a perceived liberal bias by the company.
Exclusive: Burger chain Jack in the Box explores sale – sources
Jack in the Box Inc , a U.S. hamburger restaurant chain with more than 2,000 restaurants, is exploring options that could include a sale of the company after divesting its Qdoba brand earlier this year, people familiar with the matter told Reuters on T…
Wall Street dips on trade uncertainty ahead of G20 Summit
U.S. stocks dipped in choppy trading on Thursday as uncertainty over the outcome of a high-stakes meeting between the United States and China at the upcoming G20 Summit kept investors on edge.
GM President Ammann will take over Cruise self-driving car unit
General Motors Co President Dan Ammann will take over as chief executive of the automaker’s majority-owned Cruise self-driving car subsidiary, trading in the No. 2 job at one of the world’s largest automakers for a front-row position in the race to re…
U.S., China exploring deal to delay more tariffs, start talks: WSJ
The United States and China are exploring a trade deal in which Washington would suspend further tariffs through the spring of 2019 in exchange for new talks “looking at big changes in Chinese economic policy,” the Wall Street Journal reported on Thurs…
Trump coy on China trade deal before meeting Xi
U.S. President Donald Trump sent mixed signals on Thursday about the prospects for a trade deal with China, saying an agreement was close but he was not sure he wanted one, just as he left for Argentina for a meeting with President Xi Jinping.
