Auto groups side with Canada, Mexico on NAFTA origin rules Auto groups side with Canada, Mexico on NAFTA origin rules: Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade […]
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Business
Fed, split by inflation, should forge on with rate hikes Fed, split by inflation, should forge on with rate hikes: A Federal Reserve policymaker on Wednesday staked out the hawkish argument for carrying on with U.S. interest rate hikes even while weak recent inflation readings have split opinions among her […]
Fed policymakers grow more worried about weak inflation Fed policymakers grow more worried about weak inflation: Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central […]
Asia shares up as North Korea tensions ease, wary Fed weighs on dollar Asia shares up as North Korea tensions ease, wary Fed weighs on dollar: Asian stocks edged higher on Thursday as tensions between the United States and North Korea came off the boil, while the Federal Reserve’s concerns […]
U.S. talks tough on trade deficit as NAFTA discussions begin U.S. talks tough on trade deficit as NAFTA discussions begin: The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and […]
Americans’ debt level notches a new record high Americans’ debt level notches a new record high: Americans’ debt level notched another record high in the second quarter, after having earlier in the year surpassed its pre-crisis peak, on the back of modest rises in mortgage, auto and credit card debt, […]
Looming housing slowdown clouds Home Depot’s strong results Looming housing slowdown clouds Home Depot’s strong results: Home Depot Inc (HD.N) raised its full-year forecasts but concerns over a looming slowdown in the U.S. housing market due to supply constraints weighed on the retailer’s stock. Shares of the No. 1 U.S. […]
China says it will defend interests if U.S. harms trade ties China says it will defend interests if U.S. harms trade ties: China will take action to defend its interests if the United States damages trade ties, the Ministry of Commerce said on Tuesday, after U.S. President Donald Trump authorized […]
NAFTA negotiators aim for ‘ambitious’ start to talks U.S. official NAFTA negotiators aim for ‘ambitious’ start to talks U.S. official: Negotiators from Canada, Mexico and the United States are aiming for an “ambitious” first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to […]
