The U.S. government is considering the possibility of delisting Chinese companies from U.S. exchanges, a source briefed on the matter said on Friday, in what would be a radical escalation of trade tensions between the U.S. and China.
The S&P and the Nasdaq fell on Friday after news that the Trump administration was considering delisting Chinese companies from U.S. stock exchanges and limit U.S. investments into China.
Crude oil prices and a gauge of global equity markets fell on Friday after a report said the administration of U.S. President Donald Trump was weighing limits on the flow of U.S. portfolio investments into China.
The U.S. government is considering the possibility of delisting Chinese companies from U.S. exchanges, a source briefed on the matter said, in what would be an escalation of trade tensions between the U.S. and China.
The Trump administration is considering delisting Chinese firms from U.S. stock exchanges, according a Bloomberg report on Friday, sending shares of those companies sharply lower.
The launch of Facebook’s Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organization set up to oversee the cryptocurrency told Reuters.
Companies making their debut on the U.S. stock market are getting a rough welcome, especially if they are losing money, casting a shadow over the calendar for initial public offerings for the rest of the year.
The world’s two largest consumer goods companies, Nestle and Procter & Gamble , told Reuters this week that they will fall short of their goals to only source key ingredients that do not contribute to deforestation by 2020.
Mylan NV has agreed to pay a $30 million fine to settle U.S. Securities and Exchange Commission charges it hid from investors the impact of a federal probe into the drugmaker’s overbilling the government for its EpiPen allergy treatment.
The European Central Bank’s chief economist Philip Lane played down divisions at the institution on Friday after the shock resignation of a fellow board member earlier in the week in contrast with the ECB’s ultra-aggressive stimulus policy.
Oil prices steadied on Friday but were heading for a weekly loss on a faster-than-expected recovery in Saudi output, while investors also worried about global crude demand amid slowing Chinese economic growth.
Italy’s deputy industry minister said that “something has to change” at oil and gas group Eni after news emerged that the company’s chief executive was under investigation for a conflict-of-interest issue over dealings in the Congo.
A serious lack of financial literacy has led some people to misunderstand the stock market as nothing more than a casino with its volatile ups and downs.
Today, Alexander Green explains why that may seem true in the short term, but there is no better way to grow your wealth in the long term.
In my recent conversation with Bill O’Reilly on his No Spin News, we talked about the surprising fact that fewer Americans are invested in stocks today than before the financial crisis.
Why?
There are several reasons, starting with ignorance.
Blame that, in part, on our abysmal public education system. As the …read more […]
Each year, Bankrate releases rankings that compare each and every state’s retirement benefits. Many factors are used to determine who takes the top spot. These factors include affordability, crime, culture, weather and wellness. However, the best places to retire in the U.S. will be different for each person.
You may have a unique set of needs when you begin your search for the perfect retirement destination. You may want to remain close to your family, and you’ll always have to narrow your search to fit within your financial means. Some retirees prefer specific retirement villages that provide more assistance, support and …read more […]
The S&P 500 and Nasdaq slipped on Friday, pulled lower by a slide in Micron shares after the chipmaker blamed U.S.-China trade tensions for its downbeat first-quarter profit forecast, but gains in financials kept the Dow in positive territory.
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