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Your Daily Dose of Financial News

After weeks of regular negotiations (and months of back-and-forth before that), the rough outlines of a broad US/China trade deal are starting to take shape.  Early reports look like the end of US tariffs in exchange for...more

Your Daily Dose of Financial News

As many expected, the US economy slowed in Q4 2018, growing at a 2.6% annual rate in the final three months of last year. That figure was better than some forecasters thought, but it still marks a “significant slowdown” from...more

Your Daily Dose of Financial News

In what can only be classified as a second major “Oh yeah? Try this on for size” moment from Jeff Bezos in as many weeks, Amazon has announced that it’s canceling its planned HQ2 project in Queens, NY. Some local activists...more

Your Daily Dose of Financial News

The White House strongly hinted yesterday that it will consider delaying the rapidly approaching March 2 deadline to reach a trade deal with China, “saying the United States might not impose higher tariffs on Chinese goods if...more

Your Daily Dose of Financial News

Federal prosecutors are reportedly weighing the allegations that Amazon chief Jeff Bezos has levied against Enquirer-parent American Media Inc., which, if found to have broken any law, “would be in violation of a deal with...more

Your Daily Dose of Financial News

US trade negotiations with China have stalled such that the anticipated meeting between the countries’ leaders is, according the White House, “highly unlikely” to occur before the March 1 deadline marking the end of a 90-day...more

Your Daily Dose of Financial News

All of that SuperBowling seems to have put activist investor Starboard in the mood for some pizza—specifically, former NFL-partner Papa John’s, which has struggled in the wake of the removal of its founder and namesake John...more

Your Daily Dose of Financial News

As world economic leaders (sans the U.S. government) gather in Davos this week, China’s economic cooling (coming just “when the world needs its spark”) is both a hot topic of conversation and a cause for concern....more

Your Daily Dose of Financial News

Federal prosecutors have opened a criminal probe into Huawei Technologies’ alleged theft of trade secrets from its US business partners, “including technology used by T-Mobile US Inc. to test smartphones.” The investigation...more

Your Daily Dose of Financial News

The financial world has been busy—and generally not in a great way—since we’ve been gone.  Luckily, we’re returning on something of a rare high note after a stronger-than-expected December jobs report and some reassurance...more

Your Daily Dose of Financial News

It was quite a run, but on Thursday, ECB chief Mario Draghi announced that the bank is finally putting an end to the quantitative easing program it’s used “to hold down interest rates and encourage lending” since 2015.  ...more

Your Daily Dose of Financial News

With the phrase “humiliating defeat” being bandied about quite freely by opposition leaders and Tory backbenchers alike, PM May delayed a parliamentary vote for her EU-backed Brexit plan that had been set for today. The...more

Your Daily Dose of Financial News

On second thought, Wall Street does have some questions about the specifics of the pause in the trade war that apparently emerged from the G-20 sidelines this weekend.  And when Wall Street has questions—well, not a banner...more

Your Daily Dose of Financial News

The G-20 summit in Buenos Aires wrapped this weekend with the nations agreeing to a joint statement that “affirms the importance of the multilateral trading system” while giving ground to both the US and China over language...more

Your Daily Dose of Financial News

GM’s Monday announcement about cutting 14,000 North American jobs drew the ire of the White House yesterday, which threatened to “end federal tax credits” that have helped subsidize the company’s electric-vehicle fleet....more

Your Daily Dose of Financial News

General Motors delivered the harsh news on Monday that it plans to idle five North American factories and cut more than 14,000 jobs in an effort to save costs....more

Your Daily Dose of Financial News

A no-deal Brexit wouldn’t merely be a disaster for PM May’s government. It would wreak definite havoc on UK-based companies (and those that do big business there). Here’s what they’re sweating at the moment....more

Your Daily Dose of Financial News

The Wall Street Journal first reported yesterday that Amazon, fresh from a weekend leak suggesting that Northern Virginia was the HQ2 frontrunner, will choose two locations with an evenly split workforce for its next...more

Your Daily Dose of Financial News

Mr. Buffett and his Berkshire crew just dropped nearly a billion on its own stock, a likely sign, according to analysts, of a “dearth of appealing investment options” for the company’s “large cash pile”....more

Your Daily Dose of Financial News

As promised, the Fed on Wednesday announced “one of the most significant rollbacks of bank rules” since the White House changed hands in the form of a draft proposal that would loosen capital and liquidity requirements for...more

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