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U.S.-China trade relations remain strained as Biden team takes tough stance similar to Trump

March 20, 2021 by admin

VIDEO 3:30 03:30 Biden admin’s first meeting with China was a success, says Longview Global’s McNeal Squawk on the Street The outlook for U.S.-China trade relations is likely to remain …

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Rate fears are getting the blame for recent stock weakness, but other factors are at play

March 19, 2021 by admin

Traders work on the floor of the New York Stock Exchange. NYSE Are you confused about what is going on in the markets? Traders sure are. “We all got comfortable thinking …

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Nasdaq tumbles 3% as soaring yields hit tech shares, S&P 500 closes 1.5% lower

March 18, 2021 by admin

Technology shares led the U.S. stock market lower on Thursday as a spike in bond yields fueled concern about equity valuations and prompted investors to sell growth-focused high flyers. The …

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Fed sees stronger economy and higher inflation, but no rate hikes

March 17, 2021 by admin

VIDEO 5:12 05:12 Fed: Seven officials see 2023 rate hike, up from five Power Lunch The Federal Reserve on Wednesday sharply ramped up its expectations for economic growth but indicated …

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In his first trip to Asia, Blinken warns China not to use ‘coercion and aggression’ to get its way

March 16, 2021 by admin

WASHINGTON — From Japanese soil, Secretary of State Antony Blinken slammed China’s sweeping use of “coercion and aggression” on the international stage and warned that the U.S. will mount pushback …

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Dow notches another record high, rising 170 points on reopening optimism

March 15, 2021 by admin

American Airlines and United Airlines shares rose 7.7% and 8.3%, respectively. Air travel over the weekend hit its highest level in more than a year as the Covid-19 vaccine rolls …

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A federal agency warns Tesla tests unfinished driverless tech on its users

March 13, 2021 by admin

A Tesla Model S car equipped with Autopilot David Paul Morris | Bloomberg | Getty Images A federal agency is calling for tougher requirements on testing autonomous driving, and the …

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Dow jumps 250 points to another record on reopening enthusiasm, higher rates knock tech stocks

March 12, 2021 by admin

The Dow Jones Industrial Average jumped to an all-time high on Friday as rising reopening optimism continued to encourage the rotation into cyclical stocks. Meanwhile, surging bond yields rekindled valuation …

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London’s River Thames set to trial new tidal energy technologies

March 12, 2021 by admin

The move could help to decarbonize operations connected to the river.

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Biden signs $1.9 trillion Covid relief bill, clearing way for stimulus checks, vaccine aid

March 11, 2021 by admin

VIDEO 2:19 02:19 President Biden signs $1.9 trillion Covid relief bill Power Lunch President Joe Biden signed the $1.9 trillion coronavirus relief package Thursday afternoon as Washington moves to send …

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