Powell could help stiffen Congress' spine on trade

In his congressional testimony on Tuesday, Powell said he believed the United States was on course for years more of steady growth, and he played down the risks to the US economy of an escalating trade conflict. Powell reiterated his positive view of... More..

by | Published 23 days ago
USA troop remains to be repatriated soon from N. Korea: Pompeo
by | Sunday, July 22, 2018

USA troop remains to be repatriated soon from N. Korea: Pompeo

Speaking to reporters during a meeting with members of Congress at the White House on Tuesday, Mr Trump said, "We have no time limit ". It was the military intelligence command that brought the women out o...More..

In Rare Move for a President, Trump Criticizes Fed
by | Sunday, July 22, 2018

In Rare Move for a President, Trump Criticizes Fed

I don't really - I'm not happy about it. Even though he's frustrated, Trump said he's "letting them do what they feel is best". In his CNBC interview Friday, Trump shrugged off the prospect that a trad...More..

TVs, Washing Machines And These Items To Be Cheaper After GST Revision
by | Sunday, July 22, 2018

TVs, Washing Machines And These Items To Be Cheaper After GST Revision

The GST charged for commodities such as lithium-ion batteries, vacuum cleaners, food grinders, mixers, storage water heaters, head dryers, hand dryers, paint, varnishes, water cooler, milk cooler, ice cream coo...More..

Trump's advisor blames Xi for China trade row
by | Saturday, July 21, 2018

Trump's advisor blames Xi for China trade row

He also referred to America's expanding trade deficit with China as "wrong" and believes that "the problem is getting worse and worse". Speaking on CNBC's Delivering Alpha in New York, Kudlow admitted to no...More..

by | Saturday, July 21, 2018

Trump threatens tariffs on all US$505 billion of Chinese imports

The reaction to Trump's remarks in the financial markets was muted. US stock prices also briefly pared losses after news of his remarks. Most Fed policymakers see the US job market as close to full streng...More..

Trump heightens tariff threat in trade war with China
by | Friday, July 20, 2018

Trump heightens tariff threat in trade war with China

An afternoon recap of the day's most important business news, delivered weekdays. "So somebody would say, 'Oh, maybe you shouldn't say that as president.' I couldn't care less what they say, because my view...More..

Microsoft revenue exceeds $100bn boosted by cloud services
by | Friday, July 20, 2018

Microsoft revenue exceeds $100bn boosted by cloud services

Revenue for the company's cloud computing service, Azure , grew 89% year over year, driving the company's revenue growth for its server and cloud division to 26%. A large reason for that is the continued str...More..

by | Friday, July 20, 2018

Trump in unusual criticism of U.S. central bank

Trump has told reporters before that the USA could target all of China's imports. US Federal Reserve Chair Jerome "Jay" Powell, who was appointed by Mr Trump earlier this year, said this week that policym...More..

WTO review of China's trade policies successful: MOC official
by | Friday, July 20, 2018

WTO review of China's trade policies successful: MOC official

But even short of this, the notion that China represents a potential partner for Europe against a protectionist USA administration is gaining traction. seafood products, which was itself a response to a USA exp...More..

Oil Rises as Saudi Forecast a Decline in Export in August
by | Friday, July 20, 2018

Oil Rises as Saudi Forecast a Decline in Export in August

Since the embargo, OPEC has continued using its influence to manage oil prices. "We don't have any problem selling our oil [to China]". The Iranians have pinned their hopes on China, which buys most of the ...More..

Trump says 'I told you so!' after Europe fines Google $7.4 billion
by | Thursday, July 19, 2018

Trump says 'I told you so!' after Europe fines Google $7.4 billion

President TrumpDonald John TrumpIran claims it rejected Trump meeting requests 8 times ESPY host jokes Putin was as happy after Trump summit as Ovechkin winning Stanley Cup Russian ambassador: Trump made "ve...More..

Johnson Says Brexit Can Be Done
by | Thursday, July 19, 2018

Johnson Says Brexit Can Be Done

The prime minister will set out in detail how her Brexit proposal - which was agreed by cabinet earlier this month but then sparked a wave of ministerial resignations - will protect the supply chains of firms...More..

'Sterling will suffer in short term': June inflation unchanged at 2.4%
by | Thursday, July 19, 2018

'Sterling will suffer in short term': June inflation unchanged at 2.4%

Threadneedle Street may still be able to point towards recovering economic growth across the United Kingdom in recent months, although subdued levels of inflation and weak wage growth remove some of the impetus...More..

Schnatter says he shouldn't have resigned as Papa John's chairman
by | Wednesday, July 18, 2018

Schnatter says he shouldn't have resigned as Papa John's chairman

The Wall Street Journal reported Tuesday that founder John Schnatter wrote in a letter to the board of Papa John's that the directors "asked me to step down as chairman without apparently doing any investigati...More..

Former Papa John’s CEO blames marketing agency for leaked racial slur controversy
by | Wednesday, July 18, 2018

Former Papa John’s CEO blames marketing agency for leaked racial slur controversy

And yes, Papa John's is canceled, even if Schnatter resigned from its Board of Directors. The company lost $96 million in market value Wednesday, with shares falling to a 52-week low of $48.33, after Forbes r...More..

UK PM May narrowly avoids defeat in parliament on European Union trade laws
by | Wednesday, July 18, 2018

UK PM May narrowly avoids defeat in parliament on European Union trade laws

On two of those votes, her majority was cut to three. "I don't think that she's in charge anymore", Anna Soubry complained, "I've no doubt Jacob Rees-Mogg is running our country". Britain's European Union mem...More..

Hero cave expert may sue Musk over 'pedo' attack
by | Tuesday, July 17, 2018

Hero cave expert may sue Musk over 'pedo' attack

Unsworth told the Guardian on Monday he was "astonished and very angry" at the online abuse he had received from a very rich tech billionaire. After Unsworth said Musk was performing a " PR stunt ", the ...More..

by | Tuesday, July 17, 2018

Netflix reports weaker-than-expected new subscriptions in the second quarter

Bloomberg analyst Geetha Ranganathan was expecting the company would add about 5 million overseas customers during the quarter. That comes out to 4.87 million new subscribers for the quarter, far below the 6.2 ...More..

T2 gets a sneak peek of Amazon Prime Day
by | Monday, July 16, 2018

T2 gets a sneak peek of Amazon Prime Day

This year's edition will be a 36-hour event that will get underway at noon on Monday, July 16 and end at midnight the following day. Since 2015, it's been dragging anyone with an internet connection and a Pri...More..

Prime time: A day of deals at Amazon, and at its rivals
by | Monday, July 16, 2018

Prime time: A day of deals at Amazon, and at its rivals

E-commerce major Amazon is going to hold a special sale for its Prime members starting July 16. Easy to set up and use, members simply need to connect it to their HDTV to stream movies, TV shows, songs from ...More..

Elon Musk brands Thai boys' rescuer Vern Unsworth a paedophile
by | Monday, July 16, 2018

Elon Musk brands Thai boys' rescuer Vern Unsworth a paedophile

No evidence has emerged to substantiate Musk's claim of paedophilia. Unsworth said the mini-sub was too long and rigid for the cave conditions and that Musk had "no conception" of what the cave passages were ...More..

USA lifts ban on China’s ZTE
by | Monday, July 16, 2018

USA lifts ban on China’s ZTE

The Commerce Department previously said it would remove the ban after China's second-largest telecommunications equipment maker paid a $1 billion penalty and completed a $400 million escrow payment as part of a...More..

Elon Musk in China
by | Sunday, July 15, 2018

Elon Musk in China

Tesla increased second-quarter deliveries to Canada and had a significant number of vehicles in transit at the end of June, which may have reflected an effort to delay reaching the 200,000 level to "game the...More..

DoJ to appeal court approval of AT&T's Time Warner deal
by | Sunday, July 15, 2018

DoJ to appeal court approval of AT&T's Time Warner deal

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Rough waters ahead: Imagine t...More..

Whole Foods Deals to Expect on Amazon Prime Day 2018
by | Sunday, July 15, 2018

Whole Foods Deals to Expect on Amazon Prime Day 2018

Amazon's Prime Day will begin July 16 at 3 p.m. and will run through Tuesday, July 17 at midnight. In a global flagship event created by Amazon, over 100 million Prime members in 17 countries, including In...More..

Despite Trump efforts, USA trade deficit with China hits record
by | Saturday, July 14, 2018

Despite Trump efforts, USA trade deficit with China hits record

China's trade imbalance is at the heart of US President Donald Trump's anger at what he describes as Beijing's unfair trade practices that are hurting American companies and destroying jobs. "We expect the trad...More..

Sky's the limit: Comcast raises bid to $34bn
by | Friday, July 13, 2018

Sky's the limit: Comcast raises bid to $34bn

The company says this is 12% higher than the last bid from US -based Comcast. The move launched a bidding war between Disney and Comcast, with the former company updating their initial offer to $71.3 billio...More..

Don't Cool Down by Eating Frozen Supermarket Vegetables
by | Friday, July 13, 2018

Don't Cool Down by Eating Frozen Supermarket Vegetables

A spokesperson for Aldi UK tells FoodIngredientsFirst: "In line with other retailers, we have recalled this product as a precaution as there is a possibility that the product contains traces of listeria "....More..

New round of tariffs targets $200 billion of Chinese goods
by | Friday, July 13, 2018

New round of tariffs targets $200 billion of Chinese goods

Last week, President Donald Trump said the USA might ultimately impose tariffs on more than $500 billion worth of Chinese goods, nearly the total amount of U.S. "Tariffs are taxes, plain and simple". The Pr...More..