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Market News
Stocks tumble, yen rallies as U.S. and China escalate trade war
Top / Flop
Saturday, 24 August
Fed's Powell vs. Trump: who's got a 'feel' for markets now?
1d ago - JACKSON HOLE, Wyo. (Reuters) - Donald Trump once accused the Federal Reserve of not having a "feel" for the market and compared Federal Reserve Chair Jerome Powell to a golfer who can't putt, but on Friday it was the U.S. president that drove markets into the rough.
FTC, AT&T settle 2014 lawsuit over data slowdowns: court
1d ago - (Reuters) - The Federal Trade Commission (FTC) and AT&T Inc reached a settlement agreement on a 2014 case that accused the company of slowing down data sent to wireless devices, a federal court ruling showed on Friday.
Trump administration considers boost to biofuel mandates to ease farmer anger: sources
1d ago - NEW YORK/WASHINGTON (Reuters) - The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its recent broad use of waivers for small refineries, but is not planning to rescind any of the exemptions it has granted so far, four sources familiar with the matter said.
Wall Street plunges as U.S.-China trade war intensifies
1d ago - NEW YORK (Reuters) - Wall Street tumbled on Friday after the U.S.-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing business with China after Beijing announced its own slate of retaliatory measures.
China strikes back at U.S. with new tariffs on $75 billion in goods
1d ago - BEIJING (Reuters) - China said on Friday it will impose retaliatory tariffs against about $75 billion (£61 billion) worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world's top two economies.
On-off trade tariffs wreak havoc on U.S. company planning
1d ago - CHICAGO (Reuters) - Win Cramer thought his company was out of the firing line in the escalating Sino-U.S. trade war after his "Made-in-China" wireless headphones, speakers and earbuds were taken off Washington's tariff list a year ago.
Billionaire industrialist and conservative donor David Koch dies at age 79
1d ago - WASHINGTON (Reuters) - Billionaire industrialist David Koch, a driving force behind conglomerate Koch Industries who as one of the world's richest people became a major financier of conservative causes and political candidates, has died at age 79, his brother said on Friday.
Oil prices slide as U.S.-China trade war escalates
1d ago - NEW YORK (Reuters) - Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods including crude oil, another escalation of a protracted trade dispute between the world's two largest economies.
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