Home Tags Economy

Tag: Economy

The US has the 4th-lowest tax rates in the world following last year’s GOP cuts

In the 12 months after the law took effect in January 2018, tax revenues declined even as economic growth picked up.

Trump’s favorite trade-war scorecard posts its best figure in 17 months — but data shows overall growth is slowing

The trade balance is driven by a variety of factors, including how much a country borrows from abroad and foreign exchange rates.

BANK OF AMERICA: These are the 5 key themes to finding the right stocks in 2020, from buying up value to looking outside the US

Shifts in the US-China trade war, investor priorities, and sector valuations will prompt stock rotations through the year, the bank's analysts wrote.

Hundreds of thousands of Americans to lose food stamps under new Trump administration policy

As part of a broader Trump initiative to limit access to SNAP, the move came alongside proposals to shift its eligibility formula.

Hong Kong is mired in recession, but its IPO market is the strongest since 2015 among everyday investors

The region's median retail subscription ratio, which measures interest in stock offerings, hit 13 times for IPOs since October, its highest since 2015.

Here are one bank’s 10 ‘outrageous’ predictions that could shake markets in 2020

Denmark-based Saxo Bank warned investors that 2020 could see a wave of discruption across the political and economic landscape.

The US private sector grew at 2nd-weakest pace since 2010 in November

The report could renew concerns that the labor market is running out of steam, particularly as a global trade dispute continues to escalate.

New study shows small businesses are the most optimistic on record, even as trade-war and recession fears swirl

One in five of the firms surveyed said they increased their staff size in the past year, helping keep the unemployment rate near record lows.

Wine, cheese, makeup, and handbags: Here are all of the French products the Trump administration could hit with tariffs of up to 100%

The steep tariffs would cover household products ranging from French food and alcohol to luxury items.
Wilbur Ross.

Commerce Secretary Wilbur Ross supports delaying a trade deal until after the 2020 election, saying it eliminates an advantage for China

Ross noted that the US can weather the trade-war storm, and that Trump is "perfectly happy to continue with the tariffs as we have."