Trade war has no winners, China’s vice premier warns, as Trump threatens tariffs

Chinese Vice Premier Ding Xuexiang speaks during COP29 on Nov. 12, 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese Vice Premier Ding Xuexiang warned there are “no winners” in a trade war, as the world’s second-largest economy faces the possibility of tariffs under the freshly-inaugurated administration of Donald Trump. “Protectionism leads no […]

Bitcoin slips, Trump token plunges over 20% as crypto market cools

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025.  Paul Yeung | Bloomberg | Getty Images Bitcoin and other cryptocurrencies sank on Tuesday, as bullish investor sentiment surrounding […]

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump with CEOs ‘giddy’

Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmillar said on CNBC Monday. “We do a lot of talking to CEOs and companies on the […]

Trump trade memorandum won’t impose new tariffs on day one, says WSJ report

U.S. President-elect Donald Trump speaks during a rally the day before he is scheduled to be inaugurated for a second term, in Washington, U.S., January 19, 2025.  Brian Snyder | Reuters President-elect Donald Trump is poised to sign a flurry of executive orders as soon as he’s sworn in, but imposing tariffs on U.S. trading partners […]

Chinese investment in the U.S. isn’t likely to pick up under Trump

Cho Tak Wong, the chairman of auto glass giant Fuyao Glass, bought the vacant General Motors manufacturing plant in Moraine, Ohio in 2014. The Washington Post | The Washington Post | Getty Images Chinese investments in the U.S. have dramatically declined since Donald Trump’s first term. This trend is unlikely to reverse as Trump returns […]

Citigroup picks high-yield stocks to play China as tariffs loom

As Chinese markets prepare for higher tariffs and hope for more government stimulus , Citigroup analysts say some of their top picks are high-yielding mainland stocks. “Yield plays in the A-share market have become more attractive amid the government bond yield drop,” Citi China equity strategists said in a report last week, referring to stocks […]

Have a Great (Long) Weekend

What are you up to this weekend? This week, I finished The Sopranos (wow, that last episode!) and need my James Gandolfini fix, so Freddie and I might watch Enough Said. Have you seen it? Hope you have a good weekend — stay safe — and here are a few links from around the web… Love […]

CFPB fines Equifax $15 million for errors on credit reports

Elijah Nouvelage/Bloomberg via Getty Images The Consumer Financial Protection Bureau fined Equifax $15 million over errors tied to consumer credit reports, alleging the company failed to conduct proper investigations of disputed information, the federal watchdog announced Friday. Equifax is one of three major credit reporting agencies in the U.S., a group that also includes Experian […]

Stocks making the biggest moves midday: NVO, QRVO, JBHT

Check out the companies making headlines in midday trading. Crypto stocks – Stocks tied to crypto prices jumped amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as the first day of his new term. Shares of crypto exchange operators Coinbase and Robinhood advanced 4.5% and […]

Things I Hate Hearing But Agree With as a New Parent

Ruth Chan is an illustrator who lives in Brooklyn with her husband, baby, and dog. She writes and illustrates children’s books. For Cup of Jo, Ruth has also written about traveling, pets, grief, OCD, pregnancy and motherhood. And here’s her beauty uniform! 0 COMMENTS Source link