China and the United States are in close communication on trade, officials in Beijing and Washington said, days before tit-for-tat tariffs are due to go into effect.
U.S. trade negotiators have offered to cancel a new round of tariffs on imported Chinese goods set to take effect on Sunday as part of an effort to cement a phase-one deal to de-escalate the trade relationship between the two powers, the Wall Street Journal said on Thursday.
The $2.2 trillion repurchase agreement market - part of the inner workings of the U.S. financial system - is facing what could be another strain as the year comes to a close. That could have wider implications than just Wall Street.
Oil prices rose on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China and the Federal Reserve held interest rates steady and struck an optimistic tone on the outlook for the economy.
New research shows that the retirement savings rate has not returned to pre-Financial Crisis levels. And 401(k) plans, which were supposed to replace pensions, are letting some American families fall through the cracks, according to the Economic Policy Institute.
Subaru Corp expects its U.S. vehicle sales to rise to a record high in 2020, as demand for its SUV crossover models helps it buck the trend of slowing car sales in the Japanese automaker's biggest market.
Apple Inc's iPhone shipments in China fell more than 35% in November, marking their second straight double-digit decline as sales of the cheaper iPhone 11 remained sluggish, brokerage Credit Suisse said on Thursday.
The best team size is three when managing money, said Michael Mauboussin, director of research at BlueMountain Capital.
Sometimes it makes sense to offload your winning stocks or mutual funds and reap the gains. If you're really lucky, you can cash in free of taxes as well. What you should know.
Amazon is already delivering about half of the packages in the U.S., Morgan Stanley estimates.
Bill.com, which sells software services to small- and medium-sized business to help with payment processes, was priced at $22 per share before its market debut.
"The current growth rate points to ETF assets approaching $50tn over the next decade," the analyst said.
U.S. stocks hit record highs on Thursday after President Donald Trump tweeted that Washington was "very close" to a trade deal with Beijing and on a report that U.S. trade negotiators had offered to cancel a new round of tariffs on Chinese goods.
Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co's chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is "not realistic," according to an email seen by Reuters.
Oil prices rose more than 1% on Thursday after U.S. President Donald Trump said Washington was "very close" to nailing down a trade deal with China.