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Business and Economic News

U.S. stock markets rebounds on report of trade talks with China

U.S. stock markets rebounds on report of trade talks with China

Major stock indexes were up about 2 percent Monday morning after The Wall Street Journal reported that the U.S. and China have "quietly started negotiating" to improve U.S. access to Chinese markets.
by Avie Schneider

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Who wins a trade war?

President Trump has announced plans for tariffs on Chinese imports — a move which is expected to trigger retaliation from the Chinese government. Is this the beginning of a trade war?
by Chris Farrell, Suzanne Pekow and Elizabeth Shockman

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Remington declares Chapter 11 amid 'Trump Slump' in gun sales

Remington declares Chapter 11 amid 'Trump Slump' in gun sales

The 200-year-old firearms manufacturer has struck a deal to stave off creditors as it tries to reorganize amid falls in sales and louder calls for gun control.

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Minnesota ag has much to lose in U.S.-China trade spat

Minnesota ag has much to lose in U.S.-China trade spat

Fears over a possible trade war with China moved much closer to reality this week.
by Mark Steil

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Craigslist shuts down personals section after Congress passes bill on trafficking

Craigslist shuts down personals section after Congress passes bill on trafficking

Craigslist says it made the change because of the Fight Online Sex Trafficking Act, which is meant to crack down on sex trafficking of children. Free speech advocates are critical of FOSTA.

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China targets $3 billion of U.S. goods in tariff spat

China targets $3 billion of U.S. goods in tariff spat

The Commerce Ministry said higher duties on pork, apples, steel pipe and other goods would offset Chinese losses due to President Trump's tariff hike on steel and aluminum imports. It urged Washington to negotiate a settlement but set no deadline.
by The Associated Press

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