President Donald Trump predicted Tuesday that China’s next move in the trade war will be a rate cut, and he pushed the Federal Reserve to follow suit in what he said would lead to a clear victory for the U.S. In a tweet that amounted to the latest salvo in […]
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Montana Gov. Bullock joins the crowded 2020 Democratic presidential race
Montana Gov. Steve Bullock announced Tuesday that he is seeking the Democratic presidential nomination, distinguishing himself among nearly two dozen candidates as the field’s only statewide elected official to win a state that President Donald Trump carried in 2016. The 53-year-old governor is running as a centrist Democrat who has […]
The trade war may be just getting started, but the market damage is already done
Traders work under monitors displaying 3M Co. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S. Michael Nagle | Bloomberg | Getty Images The trade wars have now become real. Bulls like to point to the fact that the S&P 500 is only 4.5% […]
Oil prices jump as Saudi energy minister reports drone ‘terrorism’ against pipeline infrastructure
Saudi Arabia’s Energy Minister Khalid al-Falih attends a press conference at the end of the 13th meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC and non- OPEC countries in Baku on March 18, 2019. Mladen ANTONOV | AFP Oil prices rose sharply Tuesday morning on reports of a […]
BlackRock: The chances of China actually selling its Treasurys are ‘very low’
U.S. President Donald Trump (R) welcomes Chinese President Xi Jinping (L) to the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017. Jim Watson | AFP | Getty Images China has a so-called “nuclear option” in its escalating trade war with the United States — to sell off […]
China’s Communist Party made a flashy graphic to show everyone what it thinks about the trade war
The official newspaper for China’s Communist Party published a morale-boosting graphic on Tuesday touting the country’s defiant attitude in the face of trade tensions with the U.S. “This, is China’s attitude!” the People’s Daily said in the headline of a post on its official WeChat account. The post contained just […]
Venezuela exodus raises worries of babies being stateless
Arelys Pulido had already lost one baby in a neglected Venezuelan hospital where doctors and medical gear are in increasingly short supply, so when she got pregnant again she decided to give birth in a foreign land. She packed suitcases filled with clothes and a few prized ceramic statues of […]
China’s new tariffs are hitting US farmers at ‘every single angle,’ economist says
China’s latest tariff hike on $60 billion worth of U.S. goods hits farmers at “every single angle,” according to an economist at the American Farm Bureau Federation. “The retaliatory tariffs placed on U.S. farmers from China are a net negative on the industry,” Michael Nepveux told CNBC’s “Squawk Box Asia” […]
Who will get the EU’s top job? Meet the candidates vying for power in Brussels
There’s a change coming up in Europe that will dictate the next five years of policymaking in the region. Four of the highest-ranking jobs at the EU will be vacant before the end of the year, and the race to fill them has already begun. Europe will have a new […]
Big Tech must take the lead against online hate
PARIS, FRANCE – APRIL 16: President of France, Emmanuel Macron (L) poses for a photo with Prime Minister of New Zealand, Jacinda Ardern (R). Anadolu Agency | Anadolu Agency | Getty Images This week, French President Emmanuel Macron and New Zealand Prime Minister Jacinda Ardern will co-chair a meeting of […]