&l;p&g;The U.S. has been engaged in a trade war with China for the last two months. But now the trade war has gone global. From tomorrow, June 1st, Canada, Mexico and the EU will face 25% tariffs on steel exports to the U.S. and 10% tariffs on aluminium.
The move caused further turmoil on markets already unsettled by Italy&a;rsquo;s political crisis. The Dow Jones industrial average dropped....More>>>
Every year, Americans send 52.4 billion tons of food to landfills. That food costs about $218 billion to grow, process, distribute and, finally, throw away. All this at the same time as onein sevenAmericans suffers from “food insecurity,” defined as “limited or uncertain access to adequate food” by the federal government.
A 2015 study by the U.S. Department of Agriculture....More>>>
The gains kept coming early Tuesday for Asia-Pacific stocks at least those not Down Under.
Solid increases were being logged in a number of markets during morning trading after similar advances Monday. Japan, Hong Kong and Korea again took the lead, but Chinas Shanghai Composite
Many investors believe the price of oil will go higher. According to Reuters:
Oil futures prices have soared past three-year highs, OPECs deal has cut millions of barrels of inventory worldwide and investors are betting in record numbers that prices could rocket past $80 and even hit $90 a barrel this year.
But physical markets for oil shipments tell a different story. Spot crude prices....More>>>
Shares of China Automotive Systems (NASDAQ:CAAS) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Analysts have set a 1-year consensus price target of $8.00 for the company and are expecting that the company will post....More>>>
In our view, shares of Qualcomm (QCOM – $54.24) were unfairly battered by short-sighted folks, notes Jason Clark, value investor and contributing editor to The Prudent Speculator.
The stock plunged as much as 14% in one day in response to the news that Apple (AAPL) filed a lawsuit accusing the semiconductor manufacturing firm of monopolizing the market for mobile phone chips and withholding....More>>>
ION Geophysical (NYSE: IO) and Glencore (OTCMKTS:GLNCY) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, valuation, dividends, profitability, institutional ownership, earnings and analyst recommendations.
Get ION Geophysical alerts:
This table compares....More>>>
The stock market surged higher on Monday, with the biggest gains coming for the Dow Jones Industrial Average, which closed above the 25,000 level. Investors were generally upbeat about signs that suggested the potential for a more favorable resolution of trade disputes between the U.S. and China, and positive moves in other financial markets continued to contribute to the stock market’s success....More>>>
Taiwan is calling out global brands that have bowed to Chinese pressure to treat it as just another part of China.
Taiwan’s Foreign Ministry on Wednesday berated Air Canada (ACDVF) and Gap (GPS) on Twitter, accusing the airline of buckling under pressure and the clothing retailer of sending the wrong message to the world.
The public scoldings follow recent efforts by the....More>>>
1. Trump team heads to Asia: A trade war with China was once unthinkable. Now, that nightmare scenario is sitting atop Wall Street’s worry list.
The fear is that confrontation between the world’s two biggest economies derails trade, destabilizing the global economy.
That’s why it’s an unmistakable positive that President Donald Trump is sending top economic....More>>>