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Business News

Trump sets $50 billion in China tariffs; Beijing vows to strike back

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

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Trading Ideas

Winnebago Stock Price and Research (NYSE: WGO)

Winnebago (NYSE: WGO) is a small cap company that operates within the automobile industry. Its market cap is $2 billion today and the total one-year return is 40.31% for shareholders.

Winnebago stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✓ Earnings-per-Share (EPS) Growth: Winnebago reported a recent EPS growth rate of 45.83%. That’s above the automobile industry average of …read more […]

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China Targets U.S. Farm Imports With Tariffs on Soybeans, Corn

Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn. An additional 25 percent tariff will levied on about $50 billion of U.S. imports, China’s Ministry of Finance said Saturday in a statement on its website. China previously announced plans to impose 25 percent duties on products including soybeans, wheat, corn, sorghum, cotton and beef in response to proposed tariffs from the U.S. In April, the Asian nation started levying additional taxes on American …read more […]

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Business News

Trump tariffs a rounding error for U.S. economy so far, that may change

WASHINGTON (Reuters) – U.S. President Donald Trump’s new trade tariffs will lop at most a couple of tenths of a percentage point off U.S. growth and add a similar amount to inflation, small fry for a $19 trillion economy that is experiencing its second longest economic expansion on record.

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Trading Ideas

3 of the Best AI Stocks to Buy Right Now

Remember when cloud computing became the hot new buzzword on Wall Street? While this industry continues to expand, another new term is being spun around financial blogs, Twitter Inc (NYSE:TWTR) and weekly magazines: artificial intelligence. First thing’s first: artificial intelligence uses machine learning, deep learning and other processes that allow computers to perform tasks that generally require human intelligence. …read more […]

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Business News

British M&A booms two years on from Brexit vote

LONDON (Reuters) – Deal-making involving UK companies has picked up in the two years since the country’s decision to leave the European Union, defying worries that Brexit would stifle mergers and acquisition activity, data from Thomson Reuters Deals Intelligence shows.

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