Economy

by | September 20, 2018 | 01:43

Trump said that he was always willing to make a better deal with China on trade, but warned them from trying to hurt farmers, ranchers, and industrial workers. In May, in fact, it looked briefly as if Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He had brokered a truce built around a Chinese offer to buy enough American farm products and liquefied natural gas to put a dent in the trade deficit.

by | September 18, 2018 | 03:01

A source who has direct knowledge of the talks says Coke and Aurora Cannabis are "pretty advanced down the path" of doing a deal, according to BNN Bloomberg . Canada is an obvious major market for a new wave of commercially produced drinks, given that recreational cannabis use is set to be legalised on 17 October.

by | September 18, 2018 | 02:43

According to these experts, a large US trade deficit with China means that America is a wealthy country and American consumers can afford the most up-to-date devices. The comments by Lou Jiwei, a former finance minister and chairman of China's sovereign wealth fund, follow reports regulators are squeezing American companies by slowing down customs approvals and stepping up environmental and other inspections.

by | September 18, 2018 | 01:06

Petromatrix said in a research note that "There has been a lot of speculative interest searching for Brent above $80.00 a barrel on the back of the US sanctions on buyers of Iranian crude oil , but so far this year any buying of Brent above $79.00 barrel did not have a long shelf life".

by | September 17, 2018 | 02:43

U.S. Customs and Border Protection (CBP) will continue to enforce a policy of absolute prohibition when Canadians try to travel to the U.S., the agency told Politico on Thursday. He added, "At a time when public opinion and the culture around marijuana is rapidly shifting, not just in the U.S. but around the world, it is inane for United States border officials to maintain such a draconian and backward-looking policy".

by | September 15, 2018 | 03:23

AmCham chairman William Zarit said American business leaders in China want Trump to rethink the levies he has proposed on an additional $200 billion in Chinese imports, including many consumer goods. -China trade relations, address long-standing inequities and level the playing field. Zheng expressed support for Trump's wider aim of levelling the playing field between the US and China, and addressing "long-standing inequities".

by | September 12, 2018 | 06:57

It stretches 340 miles across, according to the National Hurricane Center . Jeff Byard, associate administrator for response and recovery at the Federal Emergency Management Agency, said: "This storm is going to be a direct hit on our coast".

by | September 12, 2018 | 06:26

Gasparino was writing in response to a tweet from Wall Street Journal columnist Kimberley Strassel . "I guess I have a magic wand", Trump said , pointing to 4.2 percent GDP growth in the last quarter. "What magic wand do you have?" he asked. Trump offered the bit of misinformation during a series of tweets touting the economy. Last week, The Washington Post counted 4,713 false or misleading claims by the president since he took office ― an average of eight per day.

by | September 11, 2018 | 01:15

Earlier on Friday, White House economic adviser Larry Kudlow said the Trump administration would evaluate the public comments before making any decisions on the $200 billion tariff list. Tariffs of this magnitude would damage corporate profits, push up prices , hurt consumers and slow GDP growth. But, as the Guardian noted, Trump's tariffs are not working.

by | September 08, 2018 | 02:32

In an uncharacteristic move, Obama directly named Trump, saying the current president was a "symptom, not the cause" of broader ailments in the nation's politics. And after Obama's speech, one of them came from Matt Drudge-who tweeted , "Democrats lost 76 House seats and 15 Senate seats during Obama's terms.

by | September 06, 2018 | 13:55

US West Texas Intermediate (WTI) crude futures were at $69.31 per barrel at 0517 GMT, down 56 cents, or 0.8 percent, from their last settlement. Wholesaler JXTG also declined to confirm the report. Prices had jumped the previous day as dozens of U.S. oil and gas platforms in the Gulf of Mexico were shut in anticipation of damage from tropical storm Gordon.

by | September 04, 2018 | 07:42

In Delhi, the petrol price touched Rs 79.15 per litre which is an increase by Rs 0.31/litre. He also said that the factors responsible for drop in production of crude oil have caused a spike in fuel prices in India. The US sanctions on Iran is not the only reason for India to be anxious about a possible spike in petrol and diesel prices. Diesel, too, hit a new high of Rs 75.54/litre in Mumbai and Rs 71.15 per litre in Delhi on Monday.

by | September 03, 2018 | 08:33

Asked to confirm this during the Bloomberg interview, President Trump said that it was "not totally wrong". Trump has attacked the WTO, a cornerstone of the port-World War II multilateral trading system, for what he calls unfair treatment for the world's largest economy, while urging the Geneva-based body to " change their ways ".

by | September 03, 2018 | 07:07

In ordering the raises canceled, Trump cited his statutory authority to adjust pay because of "national emergency or serious economic conditions affecting the general welfare". Congress will ultimately decide whether federal workers get a raise. "His tax bill exploded the deficit, and now he is trying to balance the budget on the backs of federal workers", Connolly said.

by | September 01, 2018 | 04:57

The Senate Appropriations Committee emphatically beat back an amendment to strike the pay raise during a markup in June, rejecting the proposal in a 2-29 vote and keeping the raise. "These numbers are very, very sustainable - this isn't a one-time shot", he said last month after figures showed the United States economy grew at a 4.1% annual rate in the second quarter of the year.

by | August 31, 2018 | 03:04

Additionally, the company is rolling out its Ad Breaks service, which is created to allow companies to monetize their content, in a number of markets. The Facebook Watch icon is located in the shortcuts bar or the "More" bookmark. "We're expanding our Ad Breaks program so more partners can make money from their videos, and we're offering new insights, tools and best practices for Pages in Creator Studio", said Fidji Simo, Head of Video in a statement .

by | August 28, 2018 | 02:52

Manafort would have been on trial had not the Special Counsel been looking for information on Russian collusion in the last election", Duncan said in the TV interview. Davis said Monday, Aug. 27, he "should been much clearer that I could not confirm the story". It's unclear what Cohen, Pecker or Weisselberg have to offer prosecutors.

by | August 28, 2018 | 00:37

As has been the case over a year of intense and sometimes fractious negotiations to update the decades-old North American Free Trade agreement , it's not the end of the road. NAFTA is blamed for hastening the demise of USA manufacturing as automakers and other manufacturers moved factories south of the Rio Grande. Top American and Mexican officials concluded a marathon negotiating session in Washington Monday with an agreement on new content rules for the auto sector and several other ...

by | August 27, 2018 | 07:25

The company claims the CV-1 is made up of complex systems and the technology used in the auto will establish Kalashnikov as a global manufacturer of quality electric cars , on par with Elon Musk's Tesla and others. "We were inspired by the experience of global market leaders in developing our concept". Several industry experts have commented that the appeal of the CV-1 would be very limited and that the company does not have the cash or technological expertise to successfully bring the ...

by | August 27, 2018 | 06:28

A couple of days ago, we told you that Santa Clara County Fire Chief Anthony Bowden wrote an addendum that was attached to a suit filed with the USA appeals court. He says he saw the writing on the wall on this issue past year, and six months ago, filed suit against the Federal Communications Commission over cell companies common practice of throttling, or "speed capping", data.

by | August 26, 2018 | 01:41

The possible probes follow Cohen's August 21 guilty plea in Manhattan federal court to crimes including tax fraud, lying to a bank and campaign finance violations. There is no question that what Cohen admitted to - making large, undisclosed payments on behalf of a campaign in deliberate violation of contribution limits and reporting requirements - is a crime.

by | August 26, 2018 | 01:28

U.S. President Trump delivers remarks at the Ohio Republican Party State Dinner in Columbus, Ohio, Aug. 24, 2018. On Thursday, it emerged that David Pecker , head of the company that publishes the National Enquirer tabloid, was also given immunity.

by | August 23, 2018 | 03:56

Key U.S. government debt yields slid to six-week lows on a flight to safety and the dollar slid further on Wednesday as investors weighed how a conviction and a guilty plea of former advisers will impact U.S. Onshore Chinese yuan CNY=CFXS was a touch stronger at 6.844 per dollar and headed for its fifth straight session of gains. US stocks climbed, sending the S&P 500 Index to an intraday record, as investors speculated the Trump administration would ease trade tensions with China.

by | August 18, 2018 | 02:14

If it fails, the case will go to a panel of experts to decide whether the trade controls are illegal. On July 6, US tariffs on 34 billion dollars of Chinese goods came into force, and China responded by enacting tariffs on 34 billion dollars of goods it buys from the United States.

by | August 18, 2018 | 01:19

Ankara accuses Mr Brunson - who operates a tiny evangelical church in Izmir - of having links to the outlawed Kurdistan Workers Party and the Gulenist movement, which Turkey blames for a failed coup two years ago. Turkey and Qatar - which is also a very close USA ally - have become close economic and political partners in recent times. Erdogan, hinting at a trade for Brunson, said in a speech past year that if the USA turned over Gülen to the Turkish authorities "we will do what we can ...