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Wall St. rises on trade, earnings optimism
21 August 2018
U.S. stock indexes rose on Tuesday, with the S&P closing in on its all-time high, helped by some encouraging earnings reports and optimism that planned trade talks between the United States and China would help resolve their trade spat.
Exclusive: Trump doesn’t expect much from China trade talks this week
21 August 2018
U.S. President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday.
Exclusive: Trump demands Fed help on economy, complains about interest rate rises
21 August 2018
U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do more to help him to boost the economy.
Better Buy: Freeport-McMoRan Inc. vs. Hecla Mining
21 August 2018
Both mining stocks have dropped sharply in recent months, but one is closer to resolving its biggest problem.
Pumpkin Spice Season Is (Almost) Here, According to Dunkin’ Donuts and Starbucks
21 August 2018
The Autumnal equinox doesn’t take place until September 22, but many people’s true marker of the first day of fall will hit in less than a week. Starbucks’ Pumpkin Spice Lattes are reportedly set to make their return on August 28, while Dunkin’ Donuts has confirmed it will officially roll out its pumpkin spiced (and other fall flavored) coffees one day earlier on August 27. As you check the forecast high in your city (101 degrees Fahrenheit in Las Vegas and San Antonio, 90 in Portland) and wonder if this is all a bit too early, it might reassure you to know that in 2017, the PSL didn’t make its official debut until early September. If you’re not familiar with the drink, here’s what all the fuss is about. The PSL is topped with pumpkin pie flavor, seasoned with cinnamon, ginger, cloves, and nutmeg. And fans of the beverage happily toss their money at baristas once it goes on sale for a short period each year. That mania has spiked sales at rivals as well, which is why Dunkin’ Donuts is looking to get a bit of a head start. And, if social media is to be believed, some enthusiasts […]
JPMorgan Chase will offer free online trades to customers
21 August 2018
Facing growing competition from free trading services, the nation’s largest bank will start offering 100 free online trades a year to its customers.
Trump’s Fed attack sees dollar dive and emerging markets rally
21 August 2018
Donald Trump’s critical comments of the US Fed held back some stocks on Tuesday, while the dollar fell for a fourth consecutive day in its worst spell since March. As David Pollard reports, Trump said he was “not thrilled” with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the Fed should do more to help him to boost the economy.
Lyft surpasses 5,000 self-driving rides with Aptiv fleet
21 August 2018
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
Beijing hopes for ‘good result’ despite Trump’s trade negativity
21 August 2018
China says it hopes trade talks with the United States this week can reach a “good result”. But, as Sonia Legg, reports, that optimism wasn’t shared by President Trump.
What killed coal? Technology and cheaper alternatives
21 August 2018
Read full story for latest details.
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