How A Strong Dollar Turned Into A Wrecking Ball
What’s good for dollar bulls is bad for many others. The surge tends to erode the profits of U.S. multinationals that help power the U.S. economy.
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World's Richest Feeling The Market's Pain
Twenty-one members of the Bloomberg Billionaires Index lost $1 billion or more as investors reacted to stepped-up tensions between the U.S. and China.
Did China Call Trump's Bluff?
If China is paying for the tariffs, then there is no price differential and no improvement in U.S. competitiveness. You can't have it both ways.
Trump May Have Made Himself the Recession's Scapegoat
If the markets are to be believed, the potential for a U.S. recession has never been greater in the post-crisis era. And some blame the White House.
Goldman Now Expects Fed to Cut Three Times in Total This Year
The investment bank no longer expects a trade deal with China before the 2020 election and said the Fed has grown increasingly responsive to trade.
Will Uber Ever Make Money? Day Of Reckoning Coming
After a bruising price war with competitors, Uber’s once-robust revenue growth has flattened and losses have ballooned. Marketing layoffs are ominous.
Trade Wars Went From Uncomfortable to Scary
The new tax would hit American consumers, and businesses are going to face even more supply disruptions. China has already vowed to retaliate.
