Leading automakers on Monday called on the Trump administration and Congress to resolve trade disputes, and end the US government shutdown, saying political uncertainty is costing the industry, Reuters reports.Add your comment!
Chinese exports saw the steepest fall for two years in December, according to the latest trade figures. Exports from China fell 4.4% last month compared with the year before, while imports fell 7.6%. The figures indicate a further weakening in the strength of the world's second biggest economy and sent Asian stock markets lower on Monday.1 comment
Wall Street marked its best day in 10 years as stocks rallied back on Wednesday, giving some post-Christmas hope to a market that has otherwise been battered this December. The Dow Jones Industrial Average jumped more than 1,000 points — its biggest point-gain ever — rising nearly 5% as investors returned from a holiday break. The benchmark S&P 500 index also gained 5% and the technology heavy Nasdaq rose 5.8%.
The seven-year-old girl whose phone call with President Donald Trump on Christmas Eve went viral has said she still believes in Santa Claus. Mr Trump threw doubt on the existence of Santa in the call with Collman Lloyd from Lexington in South Carolina.
United States president Donald Trump has forced Defense Secretary James Mattis to leave his post early, appointing an acting successor to take over in the new year. General Mattis, 68, strongly hinted at policy differences with Mr. Trump when he resigned on Friday.
United States defense Secretary Jim Mattis is stepping down from his post, President Donald Trump announced on Thursday, after the retired Marine general clashed with the president over a troop drawdown in Syria and Trump's go-it-alone stance in world affairs.
The Trump administration says US troops are being withdrawn from Syria, after the president said the Islamic State (IS) group had been “defeated”. The Pentagon said it was transitioning to the “next phase of the campaign” but did not give details.
The United States Federal Reserve raised its key interest rate on Wednesday for a fourth time this year but lowered its forecast to two hikes in 2019 amid the recent stock market sell-off and uncertain growth prospects.
Washington DC's top prosecutor is suing Facebook in the first significant US move to punish the firm for its role in the Cambridge Analytica scandal.
Latin American currencies failed to gain against a weak dollar on Tuesday, as cautious investors pared exposure ahead of the end of the U.S. Federal Reserve's two-day meeting on Wednesday, while Latin American stocks ticked up in line with their U.S. peers.