White House adviser Kudlow says dairy still blocking progress on NAFTA talks
White House economic adviser Larry Kudlow said on Friday that issues over dairy continued to block progress on talks between the United States and Canada to revamp the North American Free Trade Agreement (NAFTA).
A decade after Lehman, Europe remains on economic crutches
Ten years after the collapse of Lehman Brothers and the onset of the global financial crisis, much of the industrialized world has yet to fully recover and this will be all too evident at the European Central Bank’s policy meeting on Thursday.
Factbox: Tesla executive departures since 2016
Electric carmaker Tesla Inc has seen a flurry of senior executive exits in recent months.
S&P drops as strong jobs data raise rate hike fears, techs buoy Nasdaq
The S&P 500 and Dow Industrials dropped on Friday after strong August jobs data raised concerns about the possibility of faster interest rate hikes, but a rebound in chip stocks helped the Nasdaq trade higher.
Tesla rocked by executive departures, Musk web show
Tesla Inc’s chief accounting officer resigned after just a month on Friday and a second senior executive was reported to be leaving as well, hours after Chief Executive Officer Elon Musk smoked marijuana on a live webcast.
Interest rate futures traders see more Fed hikes next year
Bets are building that the Federal Reserve will follow this year’s interest rate hikes with more next year after the U.S. government reported on Friday that the country’s employers accelerated hiring in August and increased wages more than expected.
Wall Street opens lower as robust jobs raise rate hike fears
U.S. stock indexes opened lower on Friday, as strong jobs data highlighted tightening labor market conditions and cemented expectations for the Federal Reserve increasing interest rates.
Instant View: U.S. August job growth surges
U.S. job growth accelerated in August, with wages notching their largest annual increase in nine years, strengthening views the economy was so far weathering the Trump administration’s escalating trade war with China.
U.S. job growth surges; annual wage gain largest since 2009
U.S. job growth accelerated in August and wages notched their largest annual increase in more than nine years, the clearest signs that the economy was so far weathering the Trump administration’s escalating trade war with China.
JD.com says CEO will cooperate further with U.S. police if requested
Chinese e-commerce giant JD.com, whose CEO Richard Liu was arrested last week in the U.S. city of Minneapolis after an allegation of rape and later released, said Liu had cooperated with police there and was willing to cooperate further if asked.
