U.S. to Raise Tariffs on $16 Billion of China Goods on Aug. 23

, , , , , , , , , ,

The U.S. said it will begin imposing 25 percent duties on an additional $16 billion in Chinese imports in two weeks, escalating a trade war between the world’s two biggest economies. Customs will begin collecting the duties on 279 product lines, down from 284 items on the initial list, as of Aug. 23, the U.S. […]

Read More...

Trumps Trade War Is Killing American Blue Jeans

, , , , , , , , , ,

Victor Lytvinenko is thumbing through emails on his iPhone trying to find the one that best shows the damage the global trade war has already done to his little, decade-old American jeans company. The 37-year-old — dressed in a black t-shirt, rolled-up blue jeans and a pair of Stan Smiths — eventually looks up after […]

Read More...

Elon Musk Stumbles Into a Good Point

, , , , , , , , , ,

Today’s Agenda Tesla really should just go private. America’s health-care system is at stake in the midterm elections. The Trump administration is blowing its AT&T/Time Warner appeal. Starbucks thinks China will come out of the trade war in good shape. Maybe job tenure shouldn’t just be a thing for college professors. Why the heck not? […]

Read More...

Trump, Juncker Tout Deal Pulling Back From U.S.-EU Trade War

, , , , , , , , , , , , ,

President Donald Trump and European Commission President Jean-Claude Juncker agreed to suspend new tariffs while negotiating over trade, pulling the U.S. and Europe back from the edge of a transatlantic trade war. The leaders pledged to expand European imports of U.S. liquefied natural gas and soybeans and both vowed to lower industrial tariffs, excluding autos. […]

Read More...

Dont Despair, Democrats. Just Vote.

, , , , , , , , , ,

It's no surprise. Supreme Court Justice Anthony Kennedy is an elderly man. He was bound to retire sooner or later, and when you're 81, sooner usually wins.   To replace Kennedy, Senate Republican leader Mitch McConnell won't have to sledgehammer equity, comity and decades of democratic norms, as he did in 2016 when he blockaded […]

Read More...

Here Are the Stocks to Watch After Two Koreas Agree to End War

, , , , , , , , , ,

Kospi index closed before agreement was announced Friday Kim pledges to close main nuclear weapons test site in May agreed to finally end a seven-decade war this year, and pursue the “complete denuclearization” of the Korean Peninsula. On Sunday, Kim agreed to look at ways to connect their rail and road networks. Builder Hyundai Engineering […]

Read More...

Uber Pulls Out of Southeast Asia, Selling Operation to Rival Grab

, , , , , , , , , ,

Uber Technologies Inc. has agreed to sell its Southeast Asian operations to Grab, withdrawing from yet another fast-growing region to end a war of attrition with a fierce local rival. Under the agreement, Grab will acquire all of Uber’s operations in a region of 620 million people, including food delivery service UberEats. The U.S. ride-hailing […]

Read More...

Americans Are Officially Freaking Out

, , , , , , , , ,

For those lying awake at night worried about health care, the economy, and an overall feeling of divide between you and your neighbors, there’s at least one source of comfort: Your neighbors might very well be lying awake, too. Almost two-thirds of Americans, or 63 percent, report being stressed about the future of the nation, according to the […]

Read More...