USA stocks were little changed and the dollar extended losses in early trading in NY. But those moves may have just been a downpayment on what is yet to come.
The legal services employment numbers come amid a generally positive jobs report for the US economy as a whole, which gained 213,000 jobs in June and reportedly outperformed economists’ expectations.
There’s still more room to run for America’s labour market, just as a trade war threatens the outlook for the world’s largest economy. Data for April and May was revised to show 37,000 more jobs created than previously reported.
Today’s tariffs could just be the opening skirmishes in the trade war, as US President Donald Trump has vowed to hit as much as US$450 billion in Chinese goods, the vast majority of imports.
“In response to the President’s assessment of a deficit in the oil market, King Salman affirmed that the Kingdom maintains a two million barrel per day spare capacity, which it will prudently use if and when necessary to ensure market balance”, the statement said.
Trump has sparked a global trade conflict by placing or threatening punitive tariffs on hundreds of billions of dollars’ worth of goods from China, Mexico, Canada, and the European Union. The rate is expected to remain unchanged at 1.5 percent.
James and Ball have a decent supporting cast with Brandon Ingram and Kyle Kuzma being extremely talented young players. The four-time All-Star and three-time National Basketball Association assist leader will follow JaVale McGee, Lance Stephenson, Kentavious Caldwell-Pope and, of...
In the survey, a majority of voters, 52 percent, said Trump’s policies will result in a trade war, with 38 percent disagreeing; and 73 percent said such a war will be bad for the economy, with 17 percent saying it wouldn’t. In other words, we had a deficit with the...
Lopez Obrador, who campaigned on vows to transform Mexico and oust the “mafia of power” ruling the country, rode widespread voter anger and discontent with the governing Institutional Revolution Party, or PRI, of President Enrique Pena Nieto and had led opinion polls...
If all goes well, the scale of Model 3 production could make that possible, producing consistent profits that Musk can then plow into forthcoming projects like the Semi, the Model Y, and the new version of Tesla’s high-end Roadster sports car-thereby avoiding the huge cash...
Mexico’s new president Andres Manuel Lopez Obrador said he would pursue friend and foe alike in a crackdown on corruption after voters handed him a powerful mandate for government with a landslide election victory on Sunday.
The former’s tariffs on USA products such as apples, cranberries, whiskey, pork products and cheese were introduced on June 5, while the 28-country European bloc introduced a levy on more than $3 billion worth of us goods on June 29. On the long list of items to be targeted...
“The Trump administration’s stated desire to zero out Iranian exports creates a problem in terms of high pump prices for American consumers that Saudi Arabia can not fix”, said McNally.