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Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook. An inverted curve is often interpreted as a signal of a looming recession.

Published 5 days ago

California Fire Survivors Begin Returning to Homes That No Longer Exist

California Fire Survivors Begin Returning to Homes That No Longer Exist

Nearly a month after the Camp Fire destroyed Paradise, Calif., and surrounding communities, some residents are returning to salvage any precious belongings left behind.

Published 4 days ago

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

Bush’s Trade Legacy on the Line as Trump Bids Farewell to Predecessor

President Trump will pay his respects today to the late President George H.W. Bush, after last week also saying farewell to the North American Free Trade Agreement.

Published 4 days ago

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force proposed that the U.S. Postal Service charge more for certain package deliveries, going after Amazon.com and other online retailers that President Trump has said benefit at the post office’s expense.

Published 5 days ago

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Slowing Cigarette Sales Push Altria to Explore Other Opportunities

Marlboro maker Altria Group is eyeing cannabis and e-cigarettes, searching for growth outside its traditional business, as the long decline of U.S. cigarette sales accelerates.

Published 5 days ago

France Becomes the World’s Most Heavily Taxed Country

France Becomes the World’s Most Heavily Taxed Country

France became the most heavily taxed of the world’s rich countries in 2017, according to figures published the day after President Emmanuel Macron backed off a fuel-tax increase that enraged much of the nation.

Published 4 days ago

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Flatter Yield Curves Aren’t Always Bad News—but This One Is

Treasury market moves are sending a menacing signal about the economic outlook.

Published 5 days ago

Global stock sell-off reaches Europe as trade truce doubts deepen

Global stock sell-off reaches Europe as trade truce doubts deepen

Metals and tech stocks lead losses while mainland China’s shares edge back from lows

Published 1 second ago

China Breaks Its Silence on 90-Day U.S. Tariff Truce

China Breaks Its Silence on 90-Day U.S. Tariff Truce

China is beginning to flesh out details of a weekend tariff truce with the U.S., after days of vague Chinese statements and a barrage of comments from President Trump and other administration officials.

Published 4 days ago

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

The approval from Takeda Pharmaceutical’s shareholders for the Shire bid clears the path for the biggest-ever overseas acquisition by a Japanese company.

Published 5 days ago

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force proposed that the U.S. Postal Service charge more for certain package deliveries, going after Amazon.com and other online retailers that President Trump has said benefit at the post office’s expense.

Published 5 days ago

German Auto CEOs Seek to Dodge Tariffs Threat at a White House Meeting

German Auto CEOs Seek to Dodge Tariffs Threat at a White House Meeting

Executives of Germany’s biggest car manufacturers stressed their commitment to investment and job creation in the U.S. in a bid to dissuade President Trump from imposing tariffs on vehicle and auto-parts imports.

Published 5 days ago

Trump Team Set to Take Tough Stand in 90-Day Trade Talks With China

Trump Team Set to Take Tough Stand in 90-Day Trade Talks With China

Trump administration officials said they planned to take a tough stand in their 90-day trade negotiations with China or impose further tariffs, as the optimism over a truce gave way to uncertainties over how the two sides could find agreement on a wide range of issues.

Published 5 days ago

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

Takeda Wins Shareholder Approval for Its $62 Billion Shire Bid

The approval from Takeda Pharmaceutical’s shareholders for the Shire bid clears the path for the biggest-ever overseas acquisition by a Japanese company.

Published 5 days ago

Dow Tumbles Nearly 800 Points as Trade Jitters Return

Dow Tumbles Nearly 800 Points as Trade Jitters Return

The Dow Jones Industrial Average fell nearly 800 points and bond yields plummeted as investors’ doubts over the U.S.-China trade truce renewed anxieties about the pace of economic growth.

Published 5 days ago