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Trade War - SERIES 286 {10 articles}

China tariffs are taking a toll on robot vacuums

10/24/2018, 5:32:39 PM
We already knew the intensifying trade war between the U.S. and China was set to have an impact on consumer electronics like Fitbit trackers and the Apple Watch. It seems that tariffs are also starting to take their toll on the world of robotic vacuums — namely iRobot. As CNBC notes, the company’s … ✔ A lot of those scenarios do assume some level of potentially passing some of the pricing on to the consumers, but we haven’t exactly settled on the final answer yet, CEO Colin Angle said on a call following iRobot’s quarterly report ✔ All the while, an influx of cheap competitors have undercut it on the low-end


Donald Trump is such a crybaby about interest rates and the economy

10/24/2018, 5:35:45 PM
It’s just not fair. Obama has an economy that’s in the crapper, and he gets low interest rates. But Trump has the greatest economy ever, the best jobs numbers you ever saw, and what’s his reward? Boom! Higher interest rates! ✔ Just think how great the economy would be doing now under Trump (and it’s the best economy ever, by far) if only the Fed wouldn’t raise interest rates so much ✔ We’re making boom! and we have an interest-rate hike ✔ We Want to Hear from You Join the conversation Comment


'Chinese financial markets give the first warnings of stock market weakness in Europe and the UK'

10/24/2018, 4:58:05 PM
We used to look to Wall Street. Things have changed ✔ The smaller company Shenzhen, which has been more volatile, has fallen by 34 per cent in the same period ✔ This is hitting demand in China, whereas in the US it seems to have had very little adverse impact ✔ The Independent has launched its #FinalSay campaign to demand that voters are given a voice on the final Brexit deal


U.S. manufacturers say tariffs pushing prices higher: Fed

10/24/2018, 6:31:41 PM
U.S. factories have raised their prices because of tariffs, although inflation h... ✔ The report, a snapshot of the economy gleaned from discussions with business contacts in the Fed’s 12 districts between September and mid-October, detailed business worries about the Trump administration’s trade war with China and simmering tensions with other major trading partners ✔ The Fed has raised interest rates three times this year in a bid to keep prices from rising too quickly ✔ It is widely expected to lift them again in December ✔ Our Standards:The Thomson Reuters Trust Principles


Chip stocks are getting crushed ahead of AMD earnings — here's what to watch

10/24/2018, 7:33:38 PM
Semi stocks got crushed on Wednesday ahead of chipmaker Advanced Micro Devices' earnings report after the bell. ✔ Chip stocks are getting crushed ahead of AMD earnings here’s what to expect    36 Mins Ago | 03:30 Semi stocks got crushed on Wednesday ahead of chipmaker Advanced Micro Devices' earnings report after the bell ✔ Other components of the SMH, such as NVIDIA and Micron, are trading firmly in a bear market amid the U.S.-China trade war, and concerns swirl around China's economic growth


Caterpillar Beat Estimates by a Penny, and That’s Not Enough for Investors

10/24/2018, 7:04:05 PM
In 2017, Caterpillar and Boeing were the Dow’s two biggest winners, but their performance has diverged in 2018. ✔ Where we’re headed: That’s the big question, as tariffs cast a long shadow over 2019 estimates ✔ CFRA’s Elizabeth Vermillion lowered her rating on the shares to Buy from Strong Buy, and cut $30 off her price target, to $150 ✔ Make the Connection Boeing earnings still aren’t enough to lift the Dow


Japan's Shinzo Abe heads to Beijing for rare visit as both countries seek stronger alliance in Donald Trump era

10/24/2018, 4:27:23 PM
Shinzo Abe, the Japanese prime minister, arrives in Beijing on Thursday for a rare visit that marks a warming in relations between the world's second and third largest economies. ✔ Shinzo Abe, the Japanese prime minister, arrives in Beijing on Thursday for a rare visit that marks a warming in relations between the world's second and third largest economies ✔ Beijing and Tokyo have rowed for years over regional supremacy, and Japan’s bloody legacy of wartime occupation in China has never helped


Dow Jones Industrial Average Slips on Another Day Where Nothing Seems to Stick

10/24/2018, 4:34:55 PM
The Dow, the S&P 500 and the Nasdaq Composite are all lower in midday trading. This could be the S&P 500’s 13th loss in 15 days. ✔ For many investors, the crash of 2016 is a distant memory, as well it should be, for all its impact; another bad day in the markets is nothing more and nothing less than just another bad dayone you likely won’t remember a couple of years from now ✔ Paccar (PCAR) is down 3.4% to $55.37 after Argus downgraded the heavy-duty truck maker to Hold a day after it reported third-quarter earnings


India's IT sector feels squeeze of higher US labor costs

10/24/2018, 4:07:06 PM
After strong quarter, TCS and Infosys face further changes to visa rules ahead ✔ Infosys employees relax in a cafeteria at the company's Bangalore campus ✔ Tata Consultancy Services, on the other hand, reported a 23% jump in quarterly net profit to 79.01 billion rupees on revenue of 368.54 billion rupees ✔ Its margins rose 1.44 percentage points to 26.5% after booking several big orders


How bears are taking over world stock markets

10/24/2018, 5:01:35 PM
For investors trying to call the end of the bull run for stocks, the headline pe... ✔ REUTERS/Kai Pfaffenbach Still, Edwards has a reputation for being a so-called permabear due to his often pessimistic views and other analysts caution that the increase in bear market constituents could be read in two ways ✔ Our Standards:The Thomson Reuters Trust Principles


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