Economy

Hits: 0 Durable goods on sale in Los Angeles. Lucy Nicholson | Reuters New orders for U.S.-made capital goods fell more than expected in April, further evidence that manufacturing and the broader economy were slowing […]

Hits: 0 China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies was lying about his company’s ties to the Beijing government. […]

Hits: 0 Danish shipping firm Moller-Maersk posted first-quarter profit close to expectations on Friday, warning that trade tensions and slowing economic growth constitute “considerable uncertainties.” Earnings before interest, tax, depreciation and amortization (EBITDA) totaled $1.24 […]

Hits: 0 Farmer walks through his soy fields July 6, 2018, in Harvard, Illinois, the same day China imposed retaliatory tariffs aimed at the US soybean market. NOVA SAFO | AFP | Getty Images The […]

Hits: 0 Vehicles wait for shipment at Lianyungang Port in Lianyungang, China. VCG | Visual China Group | Getty Images U.S. tariffs on Chinese goods are hurting an unintended target as the trade war rages, […]

Hits: 0 One of Wall Street’s leading experts on China suggests the window is closing on trade deal. Yale University senior fellow Stephen Roach warns that the United States is playing too much hardball. He […]

Hits: 0 The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi’s Willem Buiter told CNBC on Thursday, with Germany likely to bear the brunt […]

Hits: 0 A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. Johannes Eisele | AFP | Getty Images China’s domestic […]

Hits: 0 The latest U.S. actions on trade are preventing negotiations with Beijing from proceeding, China’s Commerce Ministry said Thursday. “If the U.S. would like to keep on negotiating it should, with sincerity, adjust its […]

Hits: 0 Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again. Total mortgage application volume increased 2.4% last week from the previous week and was […]