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Investing.com — The S&P 500 and Dow closed at a record highs Tuesday, as investors assessed President-elect Donald Trump’s threat to impose higher import tariffs on China, Canada and Mexico. At 4:00 ET (20:00 GMT), the rose 0.3% to a closing record of 44,860.31. The index gained 0.6% to close…
Investing.com– Oil prices fell in early Asian trade on Tuesday, extending losses from the prior session as the prospect of an Israel-Lebanon ceasefire saw traders pricing in a smaller risk premium for crude. A spike in the dollar, after U.S. president-elect Donald Trump threatened to impose import tariffs on China,…
Investing.com– U.S. stock index futures fell on Monday evening after President-elect Donald Trump threatened to impose higher import tariffs on China, Canada and Mexico on concerns over illegal drugs and immigration. fell 0.3% to 5,989.75 points, while fell 0.3% to 20,817.75 points by 19:03 ET (00:03 GMT). fell 0.3% to…
TikTok hosted a Los Angeles creator summit focused on long-form content and monetization.The event emphasized high-quality content but notably left out the looming US ban.TikTok execs shared tips for storytelling and content creation.In a packed Hollywood auditorium last week, TikTok gave its pitch to creators — and didn’t address the fact…
AI requires enormous amounts of energy, threatening global net zero goals.Tech giants may use fossil fuels short-term, raising concerns about clean energy commitments.AI is also ushering in an era of nuclear power, however, which is cleaner.The rapid development of AI is likely to affect global net zero goals in both…
By Mei Mei Chu BEIJING (Reuters) – Chinese imports of U.S. farm goods, which have slowed since the trade war during Donald Trump’s first presidential term, could be hit again if tariff hostilities resume when he returns to office in January, experts say. China remains the biggest market for U.S.…
Car companies are cutting costs heading into the end of the year.A price war in China poses a threat to profitability.Bloated inventory leads to production cuts. It’s been a busy few days for auto companies.Ford and Volkswagen each pulled back vehicle production plans this week. After the last shift on…
A former close ally of Russia said that President Vladimir Putin’s NATO-style alliance, far from offering security guarantees, now “creates threats” for his country.Armenia recently froze its membership in the six-nation Collective Security Treaty Organization of post-Soviet states, which has been seen as Putin’s answer to NATO.The CSTO also includes…
China may be holding back on economic stimulus ahead of the US presidential election, an economist wrote on Thursday.This is because Beijing is keeping its powder dry in case Republican candidate Donald Trump wins in the November polls, wrote Rory Green, the chief China economist at GlobalData.TS Lombard.Trump said in…
By Joe Brock and Allison Lampert SEATTLE (Reuters) – Boeing (NYSE:)’s U.S. West Coast factory workers will vote on a much-criticized new contract and a possible strike on Thursday, piling pressure on the planemaker as it wrestles with chronic production delays and mounting debt. A potential strike starting on Friday…