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Article Archive | Page 244

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American Money Is Moving Abroad

Aug 01, 2018 at 12:34

As U.S. investment overseas surged last year by 7.6 percent, with most of it going to Europe, the biggest single chunk went to Switzerland, where the attraction is a Alps…

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Trade War Reports Send Markets Spinning

Aug 01, 2018 at 10:53

Nothing moves markets these days like tariff battles, so reports Tuesday that the U.S. and China are actually holding private talks to prevent a full-blown trade war gave equities a…

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Trump Administration Offers Alternative To ‘One Belt, One Road’

Aug 01, 2018 at 10:25

The Trump administration has announced a plan to offer Asian countries an alternative to China’s ‘One Belt, One Road’ initiative, which could have been subdued somewhat by the Trans-Pacific Partnership…

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Homeland Security Takes Clear Stance On Russian Hacking

Aug 01, 2018 at 10:15

Since his election, President Trump has played a hot-and-cold game with America’s intelligence agencies, mostly rejecting their reports about Russian involvement in elections campaign and frequent attacks on…

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Tesla To Build $5 Billion Plant In China

Aug 01, 2018 at 09:54

Tesla plans to build a US$5-billion car-manufacturing plant near Shanghai in China, and is weighing possibly raising part of the funds for the factory from local partners, Bloomberg reported…

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Is There A Correlation Between Gold And The Yuan?

Aug 01, 2018 at 09:26

 “All currencies are substitutes for real money, i.e. gold.  And all governments inflate and destroy their own currencies. Whether gold is priced in yuan, SDRs, or dollars, doesn’t matter. The…

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Treasury Mulling Unilateral $100B Capital Gains Tax Cut

Jul 31, 2018 at 12:48

A $100-billion tax cut would reduce capital gains payouts by indexing those gains to inflation, and if Democrats won’t let it through legislatively, Trump is apparently willing to try to…

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T-Mobile, Nokia Up Ante for 5G In $3.5B Deal

Jul 31, 2018 at 10:57

The promise of next-gen 5G communications networks got a major boost on Monday with the announcement of the first-ever deal in the sphere, as T-Mobile awarded Nokia a contract for…

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The High Cost Of Chinese Currency Manipulation

Jul 31, 2018 at 10:41

Treasury secretary Steve Mnuchin has told CNBC that he’s closely monitoring the continuing weakening of the Chinese currency, the yuan. Mnuchin’s latest comments echo similar sentiments by president Trump, claiming…

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Wall Street Predicting Major Selloff

Jul 31, 2018 at 09:47

Multiple big names are predicting that we’re only at the beginning of a market sell-off, and when the real correction comes, it’s going to be huge—and very painful. “With Amazon’s…