United States: Trump’s Tariffs Are Producing Billions, But China Isn’t Paying President Donald Trump is right to say that his tariffs are generating billions of dollars for the U.S. But China and other countries aren’t paying them as he’s suggested. According to data from U.S. Customs and Border Protection, more than $13 billion in duties
United States: U.S. Will Fail to Release Key Economic Report at Critical Moment The U.S. growth outlook hangs more than ever on American consumers’ resilience amid stock-market swoons and trade-war tensions, but key data on their spending -- the biggest part of the economy -- will be missing due to the government shutdown. Was it
Date: January 14, 2019 United States: Stocks Fall, Bonds Climb as China Data Disappoints: Markets Wrap U.S. equity futures followed stocks in Europe and Asia lower on Monday as China trade data showed a worse-than-expected slump, reigniting concerns about global growth. Treasury yields fell and the dollar held steady. Futures on the Dow, Nasdaq and
Date: January 11, 2019 United States: U.S. Shutdown Could Hit Labor, Capex Numbers, Pimco Says About that U.S. shutdown. “It’s only a matter of time before we start to see this in the real economy,” Mark Kiesel, chief investment officer of global credit at Pacific Investment Management Co., told Bloomberg Television Thursday. That includes the
Date: January 10, 2019 United States: U.S. Pushes China on Promises After ‘In-Depth’ Trade Meetings The Trump administration is pushing for a way to make sure China delivers on its commitments in any deal the two nations reach to defuse a trade war that has roiled financial markets and dimmed the outlook for global growth.
Date: January 8, 2019 United States: U.S.-China Talks Near Close With Positive Signs From Both Sides Chinese authorities planned to give a statement following the latest round of U.S. trade talks on Tuesday in Beijing, after both sides signaled progress toward resolving a conflict that has roiled markets. “The talks are still underway and I
Date: January 7, 2019 United States: Shutdown Puts $200 Million a Day in Federal Contracts at Risk If recent history is any guide, federal contractors could be out more than $200 million a day in lost or delayed revenue from the partial government shutdown, based on data compiled by Bloomberg. The companies run the
Date: January 04, 2019 United States: Stocks Rally Before Trade Talks; Safe Havens Slip: Markets Wrap Futures for the S&P 500 rallied with stocks across Europe and Asia as the U.S. and China prepared for fresh trade negotiations and the world’s second-largest economy moved to shore up growth. Havens slipped, with Treasuries falling before
Date: January 03, 2019 United States: Powell and Trump Are Locked in a Battle for Wall Street’s Trust Jerome Powell has been sucked into a one-sided communication fight with Donald Trump, who blames the Federal Reserve chairman for losses in the stock market. Powell can’t match the president’s megaphone on social media. But he
Date: January 02, 2019 United States: U.S. Stock Futures Slide With European Shares After China Data U.S. stock-index futures extended declines after a gauge for manufacturing output in China fell into contraction territory for the first time since May 2017, fueling global growth concerns. March contracts on the S&P 500 Index fell as much as
