Looming housing slowdown clouds Home Depot’s strong results Looming housing slowdown clouds Home Depot’s strong results: Home Depot Inc (HD.N) raised its full-year forecasts but concerns over a looming slowdown in the U.S. housing market due to supply constraints weighed on the retailer’s stock. Shares of the No. 1 U.S. […]
China says it will defend interests if U.S. harms trade ties China says it will defend interests if U.S. harms trade ties: China will take action to defend its interests if the United States damages trade ties, the Ministry of Commerce said on Tuesday, after U.S. President Donald Trump authorized […]
NAFTA negotiators aim for ‘ambitious’ start to talks U.S. official NAFTA negotiators aim for ‘ambitious’ start to talks U.S. official: Negotiators from Canada, Mexico and the United States are aiming for an “ambitious” first round of trade talks, a senior U.S. official said on Tuesday, as the countries try to […]
Asian shares bounce after losses, dollar sags on weak U.S. CPI Asian shares bounce after losses, dollar sags on weak U.S. CPI: Asian stocks bounced on Monday after three losing sessions, tracking a firmer Wall Street, while the dollar was weighed down by tensions on the Korean peninsula and weak […]
Oil prices dip on weak Chinese refining activity Oil prices dip on weak Chinese refining activity: Oil prices dipped on Monday as a slowdown in Chinese refining activity growth cast doubts over its crude demand outlook, while rising U.S. shale output suggested supplies would likely remain high. Brent crude futures, […]
China July factory output, retail sales, investment miss forecasts China July factory output, retail sales, investment miss forecasts: China’s factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing views that the world’s second-largest economy is starting to lose some steam as lending costs […]
China a sweet spot for U.S. companies’ earnings in second quarter China a sweet spot for U.S. companies’ earnings in second quarter: Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. Whether they […]
Pentagon’s empty posts cause uncertainty for defense contractors Pentagon’s empty posts cause uncertainty for defense contractors: U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business. Defense company officials, speaking on conference calls after their just-reported […]
Audits show lax oversight by Wisconsin agency counting Foxconn jobs Audits show lax oversight by Wisconsin agency counting Foxconn jobs: The Wisconsin agency tasked with holding Foxconn accountable for delivering up to 13,000 jobs in exchange for $1.5 billion in state payroll tax credits has a history of failing to […]
Dutch bank ING thrives in Germany with zero-fee, online-only accounts Dutch bank ING thrives in Germany with zero-fee, online-only accounts: To find a bank that is thriving in Germany’s troubled banking sector, look no further than ING of the Netherlands, which is upending German tradition with a radical online-only, no-frills […]
