Economist

Many US companies support Trump's crackdown on China. But a growing number fear his next round of tariffs will hurt both workers and consumers

Many US companies support Trump's crackdown on China. But a growing number fear his next round of tariffs will hurt both workers and consumers

1 hour ago   |   Business Insider

For years, businesses have expressed support for changes to intellectual property rules and state subsidies they say leave them at a disadvantage But when it comes to how to...
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House Hearing on Slavery Reparations Scheduled for Juneteenth

1 day ago   |   Fortune

On Wednesday the topic of slavery reparations will come to Capitol Hill for the first time in more than a decade, signaling the proposal's growing prominence in political...
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Trump's trade wars are putting the US economy at risk. But the Federal Reserve doesn't appear ready to step in just yet

Trump's trade wars are putting the US economy at risk. But the Federal Reserve doesn't appear ready to step in just yet

1 day ago   |   Business Insider

The Federal Reserve is expected to leave borrowing costs unchanged Wednesday at the end of a two-day policy meeting. Trump has increased pressure on the independent central...
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Fed likely to leave rates alone but signal readiness to cut

1 day ago   |   My Sanantonio

WASHINGTON - Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest rates for the first time in over a...
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Here's why a UBS economist's 'Chinese pig' comment may have been offensive to Mandarin speakers

Here's why a UBS economist's 'Chinese pig' comment may have been offensive to Mandarin speakers

1 day ago   |   Business Insider

A top UBS economist made a joke about a "Chinese pig," sparking a fierce backlash that resulted in his suspension and the Swiss bank losing out on a $1 billion bond sale. Pigs...
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UBS Loses a Deal in China After Economist's ‘Pig' Comment

2 days ago   |   Fortune

One of China's biggest state-owned infrastructure companies excluded UBS Group AG from a bond deal after the bank's global chief economist sparked a furor with his use of the...
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Stocks are rising before Fed meets as rate cuts are front and center; Hong Kong shelves its extradition bill, helping sentiment

Stocks are rising before Fed meets as rate cuts are front and center; Hong Kong shelves its extradition bill, helping sentiment

2 days ago   |   Business Insider

Stocks rose on Monday after Hong Kong's chief executive suspended a controversial extradition bill over the weekend. Investors also bet the Federal Reserve would signal its...
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UBS was kicked off a $1 billion bond deal because China is angry about a joke a senior economist made about pigs

UBS was kicked off a $1 billion bond deal because China is angry about a joke a senior economist made about pigs

2 days ago   |   Business Insider

UBS and China are in a bitter dispute over an economic briefing which officials in Beijing have interpreted as a racial slur. The dispute appears to have had real costs for...
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The Famous ‘Phillips Curve' to Predict Inflation Isn't Working Like It Should

The Famous ‘Phillips Curve' to Predict Inflation Isn't Working Like It Should

4 days ago   |   Fortune

Cookies and milk. Keith and Nicole. Jay-Z and Beyonc?. There are certain relationships that just seem to last. In the world of economics, it's unemployment and inflation. Way...
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Why a Fed rate cut may not be the 'security blanket' Wall Street is expecting it to be

4 days ago   |   CNBC

Senior economists from both political parties say a rate cut may not work that smoothly even if the Fed says yes, for three reasons. And that poses risks to America's...
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Trump kicks off 2020 campaign at Orlando rally

Trump kicks off 2020 campaign at Orlando rally

The president is hoping to replicate the dynamics that allowed him to capture the Republican Party nomination and then the presidency in 2016 as an insurgent intent on... Read more ...

Utility blamed for deadly, destructive California wildfire agrees to pay $1...

Utility blamed for deadly, destructive California wildfire agrees to pay $1 billion to governments

A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to Northern California cities and... Read more ...

UN expert eyes probe of Saudi prince role in Khashoggi death

UN expert eyes probe of Saudi prince role in Khashoggi death

GENEVA - An independent U.N. human rights expert investigating the killing of Saudi journalist Jamal Khashoggi on Wednesday recommended an investigation into the possible role... Read more ...

Jamal Khashoggi was injected with sedatives before being suffocated with a...

Jamal Khashoggi was injected with sedatives before being suffocated with a plastic bag, according to a new UN report on the Saudi journalist's murder

Jamal Khashoggi was most likely drugged and then suffocated with a plastic bag, a new UN investigation into his murder has found. The findings come from a report published on... Read more ...

Feds seize $1 billion worth of cocaine in massive Philadelphia drug bust

Feds seize $1 billion worth of cocaine in massive Philadelphia drug bust

Federal authorities discovered 16.5 tons of cocaine on a ship in a Philadelphia and arrested members of the crew in one of the largest drug busts in the area's history... Read more ...

‘Attack squirrel' hopped up on meth rescued during drug bust

‘Attack squirrel' hopped up on meth rescued during drug bust

Rocky's got nothing on this flying squirrel. An “attack squirrel” in a cage was hopped up on methamphetamine so it would stay aggressive, authorities said. Limestone County... Read more ...

UFC on ESPN+ 12 breakdown: Renato Moicano vs. 'Korean Zombie' yields...

UFC on ESPN+ 12 breakdown: Renato Moicano vs. 'Korean Zombie' yields reluctant pick

MMA Junkie Radio co-host and MMA Junkie contributor Dan Tom breaks down the UFC's top bouts. Today, we look at the main event for UFC on ESPN+ 12. UFC on ESPN+ 12 takes place... Read more ...

Four suspects charged with shooting down passenger jet in Ukraine

Four suspects charged with shooting down passenger jet in Ukraine

Four people - three Russians and one Ukrainian - will face murder charges in the downing of a Malaysia Airlines plane in eastern Ukraine in which 298 people were killed in... Read more ...

Joy Harjo Becomes The First Native American U.S. Poet Laureate

Joy Harjo Becomes The First Native American U.S. Poet Laureate

A member of the Muskogee Creek Nation, the 68-year-old poet and musician says she bears "the honor on behalf of the people and my ancestors," and aims to serve as an... Read more ...

Adobe climbs after beating Wall Street earnings forecasts thanks to strong...

Adobe climbs after beating Wall Street earnings forecasts thanks to strong growth in its cloud business

Adobe shares rose more than 4% on Wednesday morning during pre-market trading after reporting better-than-expected revenue and earnings per share. The creator of Photoshop... Read more ...