US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries

“Sentiment was already poor to start the day and then the weaker-than-expected manufacturing data just added fuel to the fire,” said Dave Mazza, managing director and head of product at asset management firm Direxion in New York. “We now have confirmation that the escalation in the trade war has spilled over to U.S. manufacturing justContinue reading “US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries”

How Trump Can Win the Trade War

(Bloomberg Opinion) — If the trade war’s objective is to even the playing field for American firms, President Donald Trump isn’t going about it the right way. China’s easy access to U.S. dollars over the past decade has fueled asset bubbles, driven an overseas debt binge and laid the groundwork for its low-cost, export-driven economy.Continue reading “How Trump Can Win the Trade War”

U.S. Unleashes Military to Fight Fake News, Disinformation

(Bloomberg) — Fake news and social media posts are such a threat to U.S. security that the Defense Department is launching a project to repel “large-scale, automated disinformation attacks,” as the top Republican in Congress blocks efforts to protect the integrity of elections. The Defense Advanced Research Projects Agency wants custom software that can unearthContinue reading “U.S. Unleashes Military to Fight Fake News, Disinformation”

What Google and Facebook Investors Should Know about Sanders’s Plans

Bernie Sanders said that if he becomes president, he wants to tax Google and Facebook’s ad revenues to pay for the revival of a new media industry. source https://finance.yahoo.com/m/2ba8cdce-8cf3-33f4-94e1-0cb34ea4b596/what-google-and-facebook.html?.tsrc=rss

Oklahoma Judge Holds Johnson and Johnson ($JNJ) Responsible for Opioid Crisis Fined $572 Million

Johnson and Johnson has been ruled against in a litigation that was overseen by Judge Thad Balkman. Balkman is holding Johnson and Johnson responsible for the state’s opioid crisis. Johnson and Johnson holds many sources of income from lotions to pharmaceuticals, it’s alleged that Johnson & Johnson’s sales practices created a massive oversupply of opioidsContinue reading “Oklahoma Judge Holds Johnson and Johnson ($JNJ) Responsible for Opioid Crisis Fined $572 Million”

Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed

What started as a slightly green early morning for futures ended in a disastrous week for United States financial markets. Currently the S&P 500 has experienced a fall of over -178 points or a -5.68% drop in a month with the weekly fairing a loss of -2.5% it’s clear the market is uneasy. Now letsContinue reading “Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed”

US STOCKS-Wall St rallies as investors cheer global stimulus efforts

Shares of Apple Inc provided the biggest boost to the three main Wall Street indexes. President Donald Trump said on Sunday that he had spoken with Apple Chief Executive Officer Tim Cook, who “made a good case” that tariffs could hurt Apple. The Dow Jones Industrial Average rose 266.72 points, or 1.03%, to 26,152.73, theContinue reading “US STOCKS-Wall St rallies as investors cheer global stimulus efforts”

Dow Futures, China, Federal Reserve, Lyft, Mastercard – 5 Things You Must Know

U.S. stock futures rise after Donald Trump says the U.S. and China are ‘talking’ but also said he didn’t want to do business ‘at all’ with China’s Huawei Technologies because it’s a national security threat; earnings reports are expected Monday from Estee Lauder and Baidu; the Federal Reserve will be in the spotlight this week;Continue reading “Dow Futures, China, Federal Reserve, Lyft, Mastercard – 5 Things You Must Know”

Hong Kong Immigration to Taiwan Surges as Protests Grind On

(Bloomberg) — As Hong Kong’s unrest continues, some in the city are looking to the less expensive rents, leafy green streets and relative political shelter of neighboring Taiwan as a safe haven.The number of people moving to Taiwan from Hong Kong has risen rapidly — up 28% over first seven months of 2019 compared toContinue reading “Hong Kong Immigration to Taiwan Surges as Protests Grind On”

Trump Says U.S. Is Talking With China but Not Ready for a Deal

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. President Donald Trump said the U.S. is “doing very well with China, and talking!” but suggested he wasn’t ready to sign a trade deal, hours after his top economic adviser laid out a potential timeline for theContinue reading “Trump Says U.S. Is Talking With China but Not Ready for a Deal”