Category Archives: United States

Trump eyes tariffs on up to $60 billion Chinese goods; tech, telecoms, apparel targeted

    U.S. President Donald Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, two people who had discussed the issue with the Trump administration said on

President Trump halts Broadcom takeover of Qualcomm

U.S. President Donald Trump on Monday blocked microchip maker Broadcom Ltd’s proposed takeover of Qualcomm Inc on national security grounds, ending what would have been the technology industry’s biggest deal ever amid concerns that it would give China the upper hand in

High-performance U.S. tech stocks drive Nasdaq to record high

SAN FRANCISCO (Wallstreetnews) – The Nasdaq blasted through a record high on Friday as traders looking to ride recent momentum piled into Microsoft, Netflix, Amazon.com and other high-performance technology names. The rise came alongside a broad rally in the market.

US economy adds 313,000 jobs in strong monthly display but wage growth slows

The US added 313,000 new jobs in February – the strongest gain since July 2016 – as the unemployment rate remained steady at 4.1%. The figures from the labor department smashed the 200,000 forecast from economists. But the recovery in wages,

U.S. jobless claims back off 48-year low; layoffs declining

The number of Americans filing for unemployment benefits rebounded last week from a more than 48-year low, but the trend continued to point to robust labor market conditions. That was underscored by other data on Thursday showing job cuts announced

Trump sets steel and aluminum tariffs but exempts Canada, Mexico

U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminum but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier “no-exceptions” stance.

Trump plans to offer Canada, Mexico 30-day tariff exemption: official

U.S. President Donald Trump plans to offer Canada and Mexico a 30-day exemption from planned tariffs on steel and aluminum imports, which could be extended based on progress in NAFTA talks, a White House official said on Wednesday night.The move,

Putin: Our new weapons ‘easily’ beat anti-missile systems — but this is no Cold War

Less than a day after announcing a slew of new defense systems, Russian President Vladimir Putin in an exclusive interview with Wall Street news denied accusations that his country wants to spark a new Cold War. Those accusations directed at Russia came

Bitcoin edges lower, then pares some losses, after news that SEC is probing cryptocurrencies

  Bitcoin slipped on Wednesday following news that the U.S. securities and exchange commission is probing the cryptocurrencies market. The Wall street journal reported Wednesday evening ET that, as part of that investigation, the SEC has issued “scores of subpoenas”

Airbnb CEO pledges to take more responsibility for impact to housing

SAN FRANCISCO  – Home-booking company Airbnb has sparred with regulators across the globe, but Chief Executive Brian Chesky on Thursday spoke of coming to terms with his responsibility for how the company can impact housing markets and neighborhoods. “Every year