China has opened the door to imports of rice from the United States for the first time ever in what analysts took to signal a warming of relations between the world’s two biggest economies after a frosty year marked by tensions and tit-for-tat tariffs. The green light from Chinese customs, indicated in a statement posted […]
China Cuts Tariffs on More Than 700 Goods Amid Open-Trade Drive…
China Cracks: Manufacturing Sector Contracts for First Time Since Trade War Began…
US, Allies Slam China Over Cyberespionage As DOJ Indicts Hackers…
The steady drumbeat of indictments of Chinese companies, hackers and even bad actors allegedly working on behalf of China’s Ministry of State Security in recent months has provoked whispers that sanctions against Beijing in retaliation for its hacking and espionage efforts – something that has become a sticking point in the US-China trade war – […]
Stocks Look to Be in for More Pain After Fed-Day Rout: ‘The market is in no man’s land’…
Stocks are extremely oversold, but investors still seem bent on selling after the Federal Reserve disappointed markets with a less dovish message than expected. “The bears have been writing the script,” said Scott Redler, partner with T3Live.com. The S&P 500 lost 1.5 percent Wednesday to 2,506 and is nearly 15 percent off its September high. […]
Here’s What Spooked the Market About the Fed Today…
Powell Breaks the Market…
Fed Raises Interest Rates, Stocks Plunge…
Yes, The Fed’s FOMC announced another 25 basis point increase at the last Fed meeting for the year) while decreasing their outlook for next year. Fed officials tweaked their forward guidance to say “some” further gradual rate increases will still be needed…
The Fed Is Panicking by Nomi Prins…
China Arrests Third Canadian Citizen as Feud Worsens…
That didn’t take long. Three days after warning Canada about “escalation” and “grave consequences” amid a worsening diplomatic crisis, China has arrested a third Canadian national, according to Canada’s National Post, which cited a spokesman for Global Affairs Canada, the international arm of the Canadian government. No further details were provided, other than saying the […]
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