Dow rallies 200 points as stocks surge for a second day on hope the Fed will cut rates Posted On
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Dow rallies 200 points as stocks surge for a second day on hope the Fed will cut rates

Posted By vanesautami

Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles.The Dow Jones Industrial Average rose 207.39 points to 25,539.57, while the S&P 500 advanced 0.8% to 2,826.15. The Nasdaq Composite closed 0.6% higher […]

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China's exports, imports seen shrinking in May as U.S. tariffs bite: Reuters poll By Reuters Posted On
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China’s exports, imports seen shrinking in May as U.S. tariffs bite: Reuters poll By Reuters

Posted By vanesautami

© Reuters. Containers are seen at a port in Ningbo, Zhejiang BEIJING (Reuters) – China is expected to report a sharper drop in exports for May as higher U.S. tariffs bite, while imports are likely to contract in a further sign of weakening domestic demand that could spark more stimulus measures. If Monday’s trade data […]

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Trump's pivot to using tariffs as political weapon is dangerous Posted On
Business

Trump’s pivot to using tariffs as political weapon is dangerous

Posted By vanesautami

President Donald Trump delivers remarks in the Roosevelt Room at the White House in Washington, May 9, 2019Jonathan Ernst | ReutersPresident Donald Trump prides himself on bold negotiating tactics, but his threat to slap tariffs on Mexico for not cracking down on immigrants turns a powerful trade tool into a dangerous weapon that could backfire.Trump […]

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Slovak presidential challengers unite in bid against ruling party By Reuters Posted On
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Slovak presidential challengers unite in bid against ruling party By Reuters

Posted By vanesautami

Slovak presidential challengers unite in bid against ruling party BRATISLAVA (Reuters) – The leading opposition contender in Slovakia’s presidential election quit the race on Tuesday in a move to consolidate voter bases and better challenge the ruling Smer party candidate. The two-round vote in March will test the three-party governing coalition a year after the […]

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