U.S. Markets News
Xiaomi makes a stellar rebound after a dud debut
First days can be tough – ask Xiaomi. After a sloppy debut on Monday, the Chinese smartphone maker made a…
Tariffs and trade war hurting American farmers
The trade war between the US and China is hurting American farmers, particularly those who cultivate soybeans. Soybeans is the…
Tariff blues: price hike derails Tesla’s expansion plans in China
Customers of electric car maker Tesla (TSLA) in China are a disappointed lot this week after the company raised the…
Xiaomi’s Hong Kong debut fails to impress
Chinese smartphone company Xiaomi made a disappointing debut in Hong Kong on Monday, after it opened below its IPO price…
US hiring jumps in June; higher labor force participation lifts jobless rate
In a sign that headwinds from the tariff battle are eclipsed by the strong economy, corporate hiring gathered momentum in…
After defying tariffs, Harley-Davidson kicks off birthday bash in Europe
At a time when the tariff battle is sending jitters across the corporate world, one company is in celebration mode…
Report shows wage growth not on par with job growth
The Organization for Economic Cooperation and Development (OECD) stated in its annual employment outlook that although there has been a…
ZTE on the fast track to patch up with Trump
Smartphone maker ZTE is fast emerging from the crisis that followed the crippling sanction slapped by the Trump administration for…
Auto sector stays resilient in times of tariffs and oil spike
Last month’s positive sales data came as a relief to automakers in the US, amidst apprehensions that the latest import…
Rising crypto risks warrant closer pre-investment scrutiny
There could not have been a better period than the last decade for the concept of virtual money to bloom…
EU warns the US of counter-measures if car tariffs are imposed
In a communication received by the Commerce Department of the United States of America, the European Union warned that imposing…
Guess which is the fastest-growing smartphone market… (Hint: Not China!)
Over the past few years, we have witnessed a rampant expansion of the smartphone market throughout the world, almost reaching…
It might be the final nail on the coffin for the largest US nail maker
Poplar Bluff, Missouri-based Mid-Continent Nail plant laid off 60 workers last week as steel tariffs affected this household name. By…
Why semiconductor stocks tumbled today?
Trade war tensions battered the US stock market today. Dow, S&P 500 and Nasdaq indexes were down 1.33%, 1.37% and…
Trade war forces Harley-Davidson to shift production from the US
Thanks to the brewing trade war between the US and its allies, numerous automobile companies having customers around the globe…
Weekend roundup: Oil prices slide, gold gets a lift, dollar struggles
00:15 AM ET, New York: Here's a roundup of the important market news from the weekend. OPEC deal hints at…
Auto stocks suffer as Trump walks the talk on tariff threat
Automotive companies in the US and Europe are starting to feel the heat of President Trump’s latest tariff attack, levying…
Ford tops US carmakers in auto quality ranking; Korean companies shine
Amid tough times that involve emission scandals and autonomous vehicle mishaps, the automotive industry appears to be doing well. A…
Existing home sales drop unexpectedly in May hurt by price rise
Reflecting the continuing short supply in the US housing market and the resultant price rise, existing home sales dropped for…
Housing starts rebound at the fastest pace in 11 years
Construction of new residential units in the United States increased at the fastest pace in nearly 11 years and exceeded…
Food and hospitality segments to suffer as Canadians boycott US vacations, goods
Evidently irked by President Donald Trump’s derogatory comments on Canadian Prime Minister Justin Trudeau and the escalation of a trade…