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US and China rivalry goes beyond trade, says Ray Dalio, founder of world’s largest hedge fund

November 17, 2018 admin 0

The dispute between the U.S. and China over trade deficits and surpluses is rather trivial compared to the broader philosophical differences between the world’s two biggest economic superpowers, Bridgewater Associates founder Ray Dalio told CNBC […]

Economy

U.s. weekly jobless claims Nov 10 2018

November 17, 2018 admin 0

The number of Americans filing applications for jobless aid unexpectedly rose last week, but claims for three big states were estimated because of Monday’s Veterans Day holiday, which could have influenced the data. Initial claims […]

Economy

50 percent chance of a US recession by 2020

November 17, 2018 admin 0

Former Treasury Secretary Larry Summers has put the chances of a U.S. recession at 50 percent within the next two years. The economist told CNBC’s Joumanna Bercetche on Thursday that a slowdown in growth was […]

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  • Here are the winners and losers from the first quarter of 2019
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  • Fed’s Quarles says rate hikes could be ahead ‘at some point’
  • Farm Belt faces an expensive cleanup after already-costly record flooding
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