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News & Updates
July 9, 2019 Trump’s Tariffs Are Reshaping the US Steel IndustrySource: Market Realist
Last year, President Trump slapped a 25% tariff on US steel imports. The Department of Commerce’s investigation determined that steel imports are a threat to US national security. The tariffs were imposed under Section 232 of the...
July 9, 2019 European stocks trade lower after BASF auto warning; Deutsche Bank falls a further 5.6%Source: CNBC
European stocks traded lower Tuesday as a warning of an autos slowdown from German chemicals giant BASF dragged down autos and chemicals companies.
July 9, 2019 Coffee prices jolted by unexpected frost in BrazilSource: Seeking Alpha
Arabica coffee futures rose to a seven-month high earlier today after frost damaged crops in some of the main growing regions in Brazil over the weekend. The frost wave atypically hit coffee plantations in the southern region of...
Retail chain Kohl started a program to accept unwanted Amazon returns at all 1,150 of its stores in April, and it looks like it’s rolling the dice on it big time now that a limited test period has concluded.
LEIPZIG, Germany - Volkswagen (VOWG_p.DE) will create joint ventures and help finance battery production to persuade skeptical cell suppliers to back its aggressive push for mass producing electric vehicles, board member Stefan...
On average, Americans believe they need $1.7 million to retire, according to a recent survey from Charles Schwab, which looked at 1,000 401(k) plan participants nationwide.
Source: Yahoo Finance
On Tuesday afternoon, it followed through, reporting a quarterly record for deliveries. It increased its order backlog during the quarter as well, indicating that order activity has bounced back from a weak start to 201
Source: Chronicle Herald
Two farmers have filed a proposed class-action lawsuit against Monsanto and Bayer on the use of Roundup, a commonly-used weed killer.
July 8, 2019 Deutsche Bank will exit global equities business and slash 18,000 jobs in sweeping overhaulSource: CNBC
Deutsche Bank announced Sunday that it will pull out of global equities sales and trading, scale back investment banking and slash thousands of jobs as part of a sweeping restructuring plan to improve profitability.
Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs, the best gain since January and running contrary to worries that both the employment picture and overall growth picture were beginning to weaken....
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