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Opinion: U.S., China Trade Agreement Is a Step in the Right Direction

  • Opinion: U.S., China Trade Agreement Is a Step in the Right Direction Opinion: U.S., China Trade Agreement Is a Step in the Right Direction 1:36
    Chief Justice Roberts and Senators Sworn In for Impeachment Trial Chief Justice Roberts and Senators Sworn In for Impeachment Trial 1:49
    U.S.-China Sign Deal Marking Pause in Trade War U.S.-China Sign Deal Marking Pause in Trade War 1:30
    Democratic Candidates Take On USMCA Trade Deal Democratic Candidates Take On USMCA Trade Deal 2:50
2:50 p.m. Jan. 17, 2020 - By Mark DeCambre
Long-dated government bond rates rise the most in more than a week on upbeat data, 20-year debt announcement 10- and 30-year Treasury see steepest yield rise since Jan. 8Long-dated U.S. Treasury yields edge higher Friday morning after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit.
12:53 p.m. Jan. 17, 2020 - By Rex Nutting
12-time champion forecaster sees U.S. economy easing in 2020 Job growth will slow to 75,000 per month, Jim O’Sullivan predictsAward-winning forecaster Jim O’Sullivan of TD Securities warns that the best days of this 10-year economic expansion are behind us.
11:46 a.m. Jan. 17, 2020 - Associated Press
Supreme Court to hear electoral college case that could change future presidential elections The Supreme Court will decide if presidential electors are bound to support the popular vote winner in their states or can opt for another candidateThe Supreme Court will decide if presidential electors are bound to support the popular vote winner in their states or can opt for another candidate.
10:56 a.m. Jan. 17, 2020 - By Quentin Fottrell
The No. 1 ‘happiest country’ in the world also has one of the highest suicide rates — economists have a theory why Some 70% of people aged 15 to 64 have a paid job and 60% participate in adult education every yearSome 70% of people aged 15 to 64 have a paid job and 60% participate in adult education every year.
10:53 a.m. Jan. 17, 2020 - By Shawn Langlois
Martha McSally blasts CNN reporter Manu Raju as a ‘liberal’ hack for ‘simply doing his job’ Arizona Republican’s campaign quickly stands up a website referencing the event, and hawking T-shirts as a donor premiumCNN reporter Manu Raju asked Sen. Martha McSally a question and she wasn’t having it.
10:30 a.m. Jan. 17, 2020 - By Jon Kamp
Suspected white supremacists from Maryland and Delaware said to have discussed opening fire at pro-gun rally in Virginia Gun-rights advocates have rallied in Richmond, Va., on Martin Luther King Jr. Day for nearly two decadesThree suspected white supremacists arrested in Maryland and Delaware this week had discussed opening fire from different positions at Monday’s planned pro-gun rally in Richmond, Va., in the hopes of causing chaos, law-enforcement officials said.
10:11 a.m. Jan. 17, 2020 - By Mark Hulbert
This portfolio hedge against volatile U.S.-Iran tensions is better than gold Stock market put options, Treasurys, can be less costly and more effectiveStock market put options and Treasurys can be less costly and more effective than gold, writes Mark Hulbert.
10:04 a.m. Jan. 17, 2020 - By Rachel Koning Beals
Where Sanders, Warren, Buttigieg and the leading 2020 Democrats stand on climate change From a Green New Deal and a Blue New Deal to abandoning oil drilling and pricing carbon The field of Democrats looking to beat President Donald Trump this year — including the six on the stage Tuesday night — are aligned in their pledge to rejoin the Paris Climate Agreement. Most candidates want to end new fossil-fuel leasing on public lands and several are critical of fracking. A few have latched onto the Green New Deal.
8:47 a.m. Jan. 17, 2020 - Associated Press
SoftBank offers $40 billion investment for a new Indonesian capital CEO Masayoshi Son and former British Prime Minister Tony Blair are on the steering committee to oversee the construction of the new capital city on Borneo islandCEO Masayoshi Son and former British Prime Minister Tony Blair are on the steering committee to oversee the construction of the new capital city on Borneo island.
7:22 a.m. Jan. 17, 2020 - Barrons.com
These Leaders and CEOs Will Be in Davos Next Week. What They Say May Move Markets. The climate crisis and trade disruption are the key challenges global leaders will be seeking to address at the 50th World Economic Forum in Davos.
6:40 a.m. Jan. 17, 2020 - By Victor Reklaitis
Trump’s impeachment: Here’s what happens next as White House receives summons Senate’s impeachment trial looks likely to remain underway on Feb. 4, when State of the Union speech is scheduled to take placeAn impeachment trial in the Senate is expected to start in earnest on Tuesday. Senate Majority Leader Mitch McConnell has said President Donald Trump gets until 6 p.m. Eastern Time on Saturday to respond to a summons.
6:20 a.m. Jan. 17, 2020 - By Greg Robb
U.S. industrial output falls 0.3% in December, third drop in past four months Production down at 0.5% annual rate in Q4, down 1% on a year-on-year basisU.S. industrial output sank 0.3% in December, the third decline in the past four months, the Federal Reserve said Friday.
5:31 a.m. Jan. 17, 2020 - By Victor Reklaitis
Consumer sentiment index slips to 99.1 in January Economists polled by MarketWatch expected a reading of 99.6The University of Michigan said the preliminary reading of its U.S. consumer sentiment index in January was 99.1, down slightly from 99.3 in the prior month.
1:00 a.m. Jan. 17, 2020 - Barrons.com
Taiwan Tech Stocks Can Ignore China’s Bluster — for Now Taiwanese tech firms like Taiwan Semiconductor and Hon Hai Precision, better known as Foxconn, are too big to fail in the world of contemporary gadgets and looming 5G connections, investors say.
8:20 p.m. Jan. 16, 2020 - Associated Press
Asian markets track gains on Wall Street China growth, U.S.-China trade deal in focusBenchmarks in Shanghai, Tokyo and Hong Kong advanced after the U.S. benchmark S&P 500 index hit a new high and Google parent Alphabet passed $1 trillion in market value.
8:03 p.m. Jan. 16, 2020 - MarketWatch
China economic growth slows to three-decade lowSHANGHAI-- Chinese economic growth slowed to 6.1% last year, according to figures released Friday, as sagging trade and business confidence pulled the closely watched reading to its lowest level in nearly three decades.
6:47 p.m. Jan. 16, 2020 - By Michelle Coffey
11 U.S. troops were wounded in Iran missile attack on Iraqi bases, reports sayU.S. service members were treated for concussion symptoms following the Jan. 8 Iranian missile attack on Iraq’s al-Asad air base, report says.
3:08 p.m. Jan. 16, 2020 - Associated Press
Trump plans to nominate Shelton, Waller to Federal ReservePresident Donald Trump said Thursday that he intends to nominate two people to serve on the Federal Reserve’s Board of Governors, an institution he has repeatedly attacked for not cutting rates deeply enough.
11:29 a.m. Jan. 16, 2020 - By Chris Matthews
Stock-market benchmarks post new records after U.S. seals trade accords with China, Mexico and Canada Healthy U.S. economic data and corporate earnings encourage investorsU.S. stocks close higher again Thursday, with all three benchmark indexes ending at new records, following the signing of a trade truce between the U.S. and China on Wednesday, Senate approval of a new trade deal between the U.S., Mexico and Canada on Thursday, and healthy economic data and corporate earnings reports .
10:29 a.m. Jan. 16, 2020 - By Jeffry Bartash
Trump administration to bar media from using computers in economic data ‘lockups’ Economic reporters would only be able to use pen and paperNews reporters will no longer be allowed to use computers — just pen and paper — to write articles on U.S. economic reports issued by the Labor Department before they are released to the public.
8:05 a.m. Jan. 16, 2020 - By Adam S. Hersh
The China trade deal doesn’t protect American workers, or American interests Phase 1 agreement will worsen structural imbalances in U.S.-China bilateral relationshipThe phase one deal reached between the U.S. and China will increase the incentives to outsource U.S. jobs to China.
7:36 a.m. Jan. 16, 2020 - By Robert Schroeder
USMCA heads to Trump’s desk for signature after Senate approves pact President expected to sign deal next weekThe U.S. Senate on Thursday overwhelmingly approved the U.S.-Mexico-Canada Agreement, sending the pact to President Donald Trump for signature just a day after he inked a separate high-profile trade deal with China.
5:13 a.m. Jan. 16, 2020 - By Rachel Koning Beals
Climate crisis dominates the top risks in World Economic Forum report ahead of Davos Betting against BlackRock and others taking climate change head on could be a losing propositionA decade of record-setting heat and ice melt, punctuated by the fires consuming Australia right now, position climate-change risks atop the list of concerns as chief executives from the world’s most powerful companies ready to gather in Davos.
5:00 a.m. Jan. 16, 2020 - Associated Press
China says ‘core concerns’ of trade deal are still not resolved Beijing wants tariffs on most of China’s exports to the U.S. to be rolled backBeijing wants tariffs on most of China’s exports to the U.S. to be rolled back.
4:44 a.m. Jan. 16, 2020 - By Jeffry Bartash
U.S. retailers cap off strong 2019 with solid increase in December holiday sales U.S. retail sales increase 0.3% in final month of 2019 Most retailers posted higher sales in December to finish out the holiday season on a strong note in a good sign for the U.S. economy. Retail sales increased 0.3% last month.
4:43 a.m. Jan. 16, 2020 - By Rebecca Ballhaus
Parnas tells Maddow the message to Ukraine was that all aid — not just military assistance — was contingent on Biden announcement Parnas says he delivered the message to an aide to then–Ukrainian President-elect Volodymyr Zelensky at the direction of Rudy GiulianiLev Parnas, an associate of Rudy Giuliani, said he warned a top aide to the newly elected president of Ukraine that the U.S. would halt aid to the country if it didn’t announce investigations that could benefit President Trump politically.
4:40 a.m. Jan. 16, 2020 - By Jeffry Bartash
New jobless claims fall 5th straight week to 204,000 in sign of strong U.S. labor market Layoffs in the U.S. remain near a 50-year low at the start of 2020The number of Americans who applied for unemployment benefits in early January fell for the fifth week in a row, giving a clean bill of health to strong U.S. labor market as 2020 got underway. Initial jobless claims declined by 10,000 to 204,000.
4:36 a.m. Jan. 16, 2020 - By Greg Robb
Philadelphia Fed manufacturing gauge jumps to highest level in eight months Index hits 17 in January after 2.4 reading in prior monthThe Philadelphia Fed business activity index rose in January to a seasonally adjusted reading of 17 from 2.4 in the prior month.
4:25 a.m. Jan. 16, 2020 - Associated Press
Ukraine announces investigation into alleged surveillance of then–U.S. ambassador YovanovitchUkrainian police said Thursday they have opened an investigation into the possibility that the U.S. ambassador came under illegal surveillance by an unknown party before she was recalled from her post in May.
3:30 a.m. Jan. 16, 2020 - By Jeffry Bartash
U.S. import prices climb 0.3% in December on fuel costsWASHINGTON (MarketWatch) - The cost of imports rose 0.3% in December to mark the biggest advance in nine months, but most of the increase was tied to higher oil prices. If fuel is excluded import prices were unchanged in the final month of 2019, the government said Thursday. Import prices rose a scant 0.5% last year after a nearly 1% decline in 2018. Other U.S. inflation barometers such as wholesale and consumer prices also show that price pressures were weak at the end of 2019. The cost of imports from China, meanwhile, were flat in December. They fell 1.8% for the full year amid a tense trade fight with the Trump administration.
3:02 a.m. Jan. 16, 2020 - By Pierre Briançon
Germany mired in economic absurdity with surpluses a drag on global growthThe country’s fiscal and current account surpluses contribute to the global savings glut, even as German savers complain about low interest rates.
1:54 a.m. Jan. 16, 2020 - By Callum Keown
Here’s how much Trump’s tweets are influencing traders, survey revealsDonald Trump’s tweets are influencing traders with many changing their strategies according to the President’s posts.
11:01 p.m. Jan. 15, 2020 - By Steve Goldstein
Merkel makes clear she won’t join Trump in challenging China German chancellor says she doesn’t want to dismantle global supply chainsGerman Chancellor Angela Merkel isn’t about to join President Donald Trump in a pressure campaign against China
9:22 p.m. Jan. 15, 2020 - Associated Press
Virgin Islands lawsuit alleges Jeffrey Epstein abused girls up to 2018The lawsuit seeks to confiscate hundreds of millions of dollars from Epstein’s estate in the Virgin Islands, including private islands Little St. James and Great St. James, which the suit values at $86 million.
9:13 p.m. Jan. 15, 2020 - Associated Press
Australia firefighters save world’s last prehistoric trees Firefighters winched from helicopters to reach the cluster of fewer than 200 Wollemi Pines in a remote gorge in the Blue Mountains a week before a massive wildlife bore down, National Parks and Wildlife Service Director David Crust said.
1:50 p.m. Jan. 15, 2020 - By Mark DeCambre
#NeverWarren is suddenly trending on Twitter, and people are having flashbacks to the 2016 presidential electionA trending topic on social media Wednesday was raising fresh questions about the integrity of social media and its ability to foment trends rather than fostering genuine political discourse ahead of the 2020 presidential elections.
1:22 p.m. Jan. 15, 2020 - Associated Press
House leaders officially deliver Trump impeachment articles to the SenateIn a dramatic procession across the U.S. Capitol, Democratic House leaders marched the formal articles of impeachment against President Donald Trump to the Senate late Wednesday, setting the stage for only the third trial to remove a president in American history.
12:40 p.m. Jan. 15, 2020 - Barrons.com
The Dow Rose 91 Points Because Trump and China Finally Signed a Big Deal The three main U.S. stock indexes rose on Wednesday following the signing of the long-anticipated phase-one trade agreement between the U.S. and China.
12:25 p.m. Jan. 15, 2020 - Associated Press
U.S. indicts 5 men suspected of aiding Pakistan’s nuclear weapons programFive men are accused of conspiring to smuggle aircraft parts, electronic components and other technical equipment from the U.S. to Pakistan to support that country’s nuclear program, according to an indictment unsealed Wednesday in federal court in New Hampshire.
12:06 p.m. Jan. 15, 2020 - By Victor Reklaitis
House votes to send Trump impeachment articles to Senate House Democrats’ moves are ending an impasse over President Donald Trump’s impeachment that has persisted for nearly a monthThe Democratic-led House’s moves on Wednesday are ending an impasse over the effort to remove President Donald Trump from office that has persisted for nearly a month.
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