Stories about Money

Dec 07 2018

Saudi Arabia works on convincing Russian Federation to join oil cuts

It fell further on Thursday after OPEC's lack of action and amid broader concerns about global economic growth. Oil prices were pressured by a weekly report from th...

Dec 07 2018

China stays silent as Trump talks up trade truce

President Trump said on Twitter Wednesday that China was sending " very strong signals " following the weekend trade discussions. President Donald Trump threatene...

Dec 06 2018

Trump meets Chinese leader at G20 summit amid trade war

China gets a delay on additional tariffs , while the USA gets greater purchases of agriculture goods while retaining leverage to push for more structural changes to the ...

Dec 05 2018

Udall Issues Statement On NAFTA Deal

The move comes as leaders in congress mull over the agreement, with neither Republicans nor Democrats happy with the new agreement. "As part of our agreement the United S...

Dec 03 2018

Asia markets rise after U.S. and China agree to trade truce

China has retaliated with duties on some $110bn of United States goods over the same period. Trump has already imposed import taxes on $250 billion in Chinese products ...

Dec 03 2018

Qatar Pulls Out Of Oil Cartel OPEC

It's the world's largest exporter of liquefied natural gas . According to OPEC , Qatar produced only about 1% of OPEC member states' total output of petroleum in Oc...

Dec 02 2018

The offices of Germany's largest Bank searched for "laundering" money

Around 170 police officers, prosecutors and tax inspectors searched the offices yesterday where written and electronic business documents were seized. Deutsche shares f...

Dec 01 2018

Fed officials express caution about pace of future hikes

Jerome Powell, chairman of the Fed said on Wednesday that the interest rates "are still low by historical standards, and they remain just below the broad range of estim...

Dec 01 2018

GM responds to Trump's comments after decision to shut down plants

Interested in Donald Trump? "They're all coming back", Trump assured supporters. BMW builds more cars in its USA factory than it sells in the United States . Brown r...

Dec 01 2018

Counter-Trend Buyers Pinning Hopes on Production Cuts, Trade Deal

Saudi Arabia led suppliers to cut production two years ago to curb a glut, then reversed course in June on concerns that USA sanctions on Iran could create a shortage. FG...

Nov 30 2018

Workers stream out of GM Oshawa plant amid reports of planned closure

Stojkovic said she blamed both GM and the union, Unifor, for the dearth of information. The proposal boosts regional content of tariff-free automobiles to 75 per cent...

Nov 30 2018

Trump talks tough to China before G20 meeting

Meetings in the financial channel feature central bank presidents and finance ministers to discuss "global collaboration in financial and monetary policies, which may inc...

Nov 28 2018

Apple could 'ultimately mitigate' Trump's tariffs, UBS says (AAPL)

Neither White House nor the U.S. Commerce Department immediately responded to a request for comment. -China trade relations, tariffs are not the best way to resolve the...

Nov 24 2018

Federal Climate Report Predicts At Least 3 Degrees Of Warming By 2100

This year's National Climate Assessment is the fourth time the US government has issued a comprehensive look at climate change and is the first assessment to take place d...

Nov 23 2018

Save $60 on the Amazon Fire TV Cube ahead of Black Friday

If you aren't targeted you can try linking your Chase Ultimate Rewards card with your Amazon account here and then check back after a few days. That's it - the accoun...

Nov 23 2018

Frigid, Blustery Weather on Tap for Thanksgiving 2018

More rain moves in for Saturday as low pressure tracks over the Palmetto State. "Cold winds gusting past 20 miles per hour at times will make it feel even more uncomf...

Nov 23 2018

Sterling jumps after Britain, EU agree on draft declaration for future ties

A small peninsula on Spain's southern coast and a British territory since 1713, Gibraltar is a major point of contention in Anglo-Spanish relations. The tiny British ov...

Nov 21 2018

U.S. crude sinks 6.6%, settling at $53.43, lowest level since October 2017

The number of long positions in Brent Crude slumped to their lowest in almost three years in the week to November 13, but the long positions in WTI Crude slightly edged...

Nov 17 2018

Pence, Xi trade barbs in speeches at Pacific summit

Leaders of 21 Pacific Rim countries and territories that make up 60 percent of the world economy are meeting in Port Moresby, the capital of Papua New Guinea for an annua...

Nov 16 2018

Tech Stocks Lead Broad Sell-off in US Stocks; Oil Rebounds

Also improving the market's direction was a rebound in technology stocks, which jumped 0.7%, to recover from a steep sell-off on Monday when Apple shares took a hit on wo...