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Kevin Lemarque | CNBC President Donald Trump, U.S. President Donald Trump’s national security adviser John Bolton, U.S. Treasury Secretary Steven Mnuchin attend a working dinner with Chinese President Xi Jinping after the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. Multiple arms of the Trump administration are preparing …
Read More »Monthly Archives: December 2018
China auto sales keep falling and falling
Fred Dufour | AFP | Getty Images Vehicles at a Hongqi car dealer in Beijing. – Car sales are falling in China this year but one brand is speeding ahead: The national ‘Red Flag’ sedan is flying high, powered by purchases from the government, state companies and patriotic citizens. Auto …
Read More »Delta bans support animals from long flights — and no puppies
Richard Atrero | Anadolu Agency | Getty Images A dog is seen on the lap of its owner in a plane in Chiba, Japan on January 27, 2017. Delta Air Lines plans to ban emotional-support animals from flights longer than eight hours and will bar all service and support animals …
Read More »Yellen warns of another potential financial crisis
Justin Chin | Bloomberg | Getty Images Janet Yellen, former chair of the U.S. Federal Reserve, attends the Bloomberg New Economy Forum in Singapore, on Tuesday, Nov. 6, 2018. Former Federal Reserve Chair Janet Yellen told a New York audience she fears there could be another financial crisis because banking …
Read More »Buy AT&T stock as the telecom giant turns things around
Patrick T. Fallon | Bloomberg | Getty Images Randall Stephenson, CEO, AT&T Citi upgraded AT&T shares to buy from neutral on Tuesday, saying the company is beginning to turn things around after a downtrodden year. “The recent share price underperformance provides a better risk reward scenario,” Citi analysts said in …
Read More »Housing could be an unlikely place to hide out if a recession is coming
Barbara Muncker | picture alliance | Getty Images Properties offered for sale in San Francisco, California Some investors are fearing that the recent action in the stock and bond markets is signaling a recession may be nearing. If that’s the case, there could be an unlikely market to hide out in …
Read More »GM, Ford shares jump on report China is moving toward auto tariff cut Trump hinted at
Jonathan Ernst | Reuters President Donald Trump talks with auto industry leaders, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, U.S. March 15, 2017. Shares of General Motors and Ford jumped on …
Read More »Indian tycoon Vijay Mallya faces extradition from the UK
Matt Lewis | Global Cricket Ventures| Getty Images Vijay Mallya looks on during the Airtel Champions League Twenty20 Gala Dinner at UB City on October 7, 2009 in Bangalore, India. A London court ordered that Indian tycoon Vijay Mallya should be extradited from Britain to India, where he faces fraud …
Read More »Pot analyst says brewer Constellation is a top stock idea in 2019
“Constellation Brands remains our overall top pick as we approach 2019. Best in class revenue growth within U.S. beer, coupled with strong profitability has afforded them the opportunity to leverage this strong operating performance,” Azer wrote, referring to the stake in Smiths Falls-based Canopy Growth. The cannabis investment is “a …
Read More »Google CEO Sundar Pichai prepared patriotic remarks for Congress
Andrew Harrer | Bloomberg | Getty Images Sundar Pichai, chief executive officer of Google LLC, arrives to the White House for a meeting in Washington, D.C., U.S., on Thursday, Dec. 6, 2018. CEO Sundar Pichai put an emphasis on Google’s patriotism in his prepared remarks for a congressional hearing on …
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