Raymond James CEO Paul Reilly discusses China trade tensions, U.S. markets and 2020 candidates’ financial policies. Raymond James CEO Paul Reilly told FOX Business’ Maria Bartiromo that ending the trade war with China will be good for the U.S. economy. Continue Reading Below But, he cautioned, the “phase one” deal being hammered […]
FOX Business News
UK narrowly avoids recession as growth screeches to a halt
U.K. Prime Minister Boris Johnson argues a Brexit deal can release a pent up flood of investment. LONDON (AP) — The British economy avoided falling into recession in the third quarter of the year, but annual growth is running at a near-decade low rate as a result of ongoing uncertainty […]
Former Chinese trade negotiator explains why Trump re-election is best for China
American Farm Bureau Federation chief economist John Newton discusses the economy and how it’s affecting farmers. A former Chinese trade negotiator says President Trump’s style of being a straight shooter makes his re-election the best thing for U.S-China trade relations. Continue Reading Below Trump’s willingness to tweet about pretty much […]
China’s car sales crash show trade war wounds, electronic cars flopping
Consumer Technology Association CEO and president Gary Shapiro on the impact of China tariffs being added to tech imports and his outlook for holiday tech sales. BEIJING (AP) — China‘s auto sales fell 5.8% from a year earlier in October as demand for electric cars plunged, an industry group reported […]
US stocks to begin week in the red on trade concerns
TrendMacro CIO Donald Luskin discusses the impeachment inquiry and provides logistics on the China tariffs and the hype surrounding them. U.S. equity futures are pointing to a lower open to start the week on Wall Street. Continue Reading Below The Bond market will be closed today for Veterans Day. Equity […]
Average US price of gas remains steady
Economist and University of Maryland professor emeritus Peter Morici discusses why he wants the U.S. to raise the gas tax. Drivers probably haven’t seen much of a change at the pump when going to fill-up. Continue Reading Below The average U.S. price of regular-grade gasoline has remained steady over the […]
WeWork scrambled to answer SEC questions before failed IPO: report
Rudin Management CEO Bill Rudin discusses the issues WeWork has had and the properties owned by the office-sharing company and the strength of the New York City commercial and personal real estate markets. Embattled commercial office-sharing company WeWork was fighting with the Securities and Exchange Commission about a financial metric […]
Hong Kong protesters vandalize subway station, storm mall
FOX Business’ David Asman, Sen. Rick Scott (R-FL), FoxNews.com columnist Liz Peek, River Twice Capital president Zachary Karabell and Capitalist Pig founder Jonathan Hoenig discuss the human rights violations in Hong Kong. HONG KONG (AP) — Police fired tear gas and protesters broke windows at a shopping mall Sunday in […]
Saudi Aramco takes another step toward 1st public offering
FOX Business’ Charlie Gasparino discusses how China is allegedly ‘cozying-up’ to the Saudi Arabia royal family because its economy is reportedly in trouble. By AYA BATRAWY Associated Press Continue Reading Below DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco released a lengthy document late Saturday that […]
Saudi Aramco IPO an offer too good to refuse
FOX Business’ Charlie Gasparino discusses how China is allegedly ‘cozying-up’ to the Saudi Arabia royal family because its economy is reportedly in trouble. Saudi Aramco is getting ready to make its public debut on the Saudi Arabia stock exchange, and many participants are in on it because Crown Prince Mohammad bin […]