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Trump Tariffs Yet To Sting China; Pain Could Begin In January

But the 25 percent tariffs from January, 2019, could slow Chinese growth, raise U.S. inflation and put more downward pressure on emerging markets.

Trump '60 Minutes' Interview Highlights: Key Comments By President Before Midterm Elections

President Donald Trump opted for an interview on CBS, opening up about an array of topics including climate change, North Korea, Russia, White House politics and so on.

Blockchain-Powered Smartphone HTC Exodus Launching Soon

A teaser for the device released by the HTC team on Instagram suggested the phone may launch Oct. 22. It also gave a sneak peek into the new smartphone’s design.

Watch: Python Drops From Ceiling During Bank Staff Meeting

The scene captured on the surveillance camera showed the snake dropping down next a group of bank clerks who had gathered for a meeting.

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Mexico Says New US Trade Deal Won't Block Other Economic Relations

Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement.

US To Seek Currency Chapters In Trade Talks With Japan, Others: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision to deter currency manipulation in future trade deals, including with Japan, based on the currency chapter in the new deal to revamp NAFTA.

Harley-Davidson's CEO Just Made A Recovery That Much Harder

Matt Levatich's remarks on the value of its motorcycles being American-made are being misconstrued.

An Indian Cryptocurrency? Government Considering One Despite Reservations

A panel constituted by the Indian government's Ministry of Finance would likely soon recommend the country should launch a government-backed cryptocurrency.

IMF Warns Trade Friction, Market Turmoil To Hurt Asian Growth

Sustained trade tensions could slash Asia's economic growth by up to 0.9 percentage point in coming years, the International Monetary Fund said, urging policymakers in the region to liberalize markets to offset the fall in export sales.

China's September Export Growth Tops Forecasts, Surplus With US Record High

China reported on Friday an unexpected acceleration in export growth in September and a record trade surplus with the United States, which could exacerbate an already-heated dispute between Beijing and Washington.

Call 'em Crazy, But Fed Officials Likely To Keep Raising Rates

A stock sell-off, rising trade tension with China, slower global growth and verbal pressure from the White House are unlikely to dent the U.S. Federal Reserve's rate hike plans in an economy performing in line with the central bank's forecasts.

New iPad Pro, Apple Pencil Release Date Imminent? Device Registrations Leak

Registrations for what seem to be new iPad Pro models and an upgraded Apple Pencil have been leaked online.

Mounting Costs Add To Worries About 2019 US Profit Growth

Rising costs for companies are worrying investors already concerned about a step down in U.S. corporate profit growth next year.

Chinese Finance Ministry Official Says 'Optimistic' On Trade War Breakthrough

A Chinese finance ministry official said on Wednesday he felt "a little bit more optimistic" on the prospect of breaking an impasse in trade negotiations with Washington, saying both sides are too economically integrated to tolerate a fallout.

Delta Passenger Declared Dead After Flight Returns To Airport

After a “medical emergency was declared," a Delta spokesperson said the flight decided to divert the plane back to the airport. Upon landing at the airport, the passenger, who was identified as Yury Rubel, was declared dead.

Trump Says China Not Ready To Reach Trade Deal

President Donald Trump on Tuesday repeated his threat to slap tariffs on an additional $267 billion of Chinese imports .

Global Financial Stability Risks Rising With Trade Tensions, IMF Says

Risks to the global financial system have risen over the past six months and could increase sharply if pressures in emerging markets escalate or global trade relations deteriorate further, the International Monetary Fund said Wednesday.

US Agriculture's Perdue Says Farmer Aid Could Be Less Than First Estimated

The U.S. Department of Agriculture's $12 billion package to offset farmers losses from the imposition of tariffs American exports could end up shrinking after an agreement to update NAFTA was struck, Agriculture Secretary Sonny Perdue said Tuesday.

China Slashes US LPG Imports Amid Trade War

China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said, turning to the Middle East for extra supplies amid the two countries' trade dispute.

IMF Cuts World Economic Growth Forecasts On Tariff War, Emerging Market Strains

IMF cut its global economic growth forecasts for 2018 and 2019, saying the U.S-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.

Versace Acquisition: Michael Kors Needed To Boost Its Credibility

By acquiring the prestigious Italian fashion house, Versace, American group Michael Kors enters the luxury world, despite a lack of experience in the sector. It’s a risky move, but one that makes financial sense.

Trump To Lift Ban On Higher-Ethanol Gasoline Ahead Of November Elections

U.S. President Donald Trump will seek to lift a federal ban on summer sales of higher-ethanol blends of gasoline on Tuesday, a senior White House official said, delivering on a move long-sought by anxious Midwest farmers ahead of November's elections.

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