Hedge fund manager Dalio cuts risk amid worries about Washington Hedge fund manager Dalio cuts risk amid worries about Washington: Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of […]
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NAFTA negotiators hone in on origin rules, dispute settlement NAFTA negotiators hone in on origin rules, dispute settlement: U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the […]
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 […]
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 […]
China a sweet spot for U.S. companies’ earnings in second quarter China a sweet spot for U.S. companies’ earnings in second quarter: Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. Whether they […]
Pentagon’s empty posts cause uncertainty for defense contractors Pentagon’s empty posts cause uncertainty for defense contractors: U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business. Defense company officials, speaking on conference calls after their just-reported […]
U.S. jobless claims rise; labor market still tightening U.S. jobless claims rise; labor market still tightening: The number of Americans filing for unemployment benefits unexpectedly rose last week, but the underlying trend remained consistent with a tightening labor market. Initial claims for state unemployment benefits increased 3,000 to a seasonally […]
Twenty-First Century Fox revenue misses, profit tops estimates Twenty-First Century Fox revenue misses, profit tops estimates: Rupert Murdoch-controlled Twenty-First Century Fox Inc’s quarterly profit edged past analysts’ estimates, but revenue fell just short of expectations, hurt by the lack of box office hits from its movie studio. The media company, […]
Funds target ‘unknown’ stocks as Wall Street cuts analyst jobs Funds target ‘unknown’ stocks as Wall Street cuts analyst jobs: With a nearly 30-percent gain in 2017, shares of industrial products maker Handy & Harman Ltd are outpacing hot stocks like Google-parent Alphabet Inc and Visa Inc. Yet few on […]
