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Tag: economy

Apple suppliers consider moving iPhone assembly out of China if U.S. import tariffs skyrocket

Wednesday, December 12, 2018 10:58 amWednesday, December 12, 20186 Comments

Apple Inc.’s suppliers will consider shifting iPhone production away from China should tariffs on U.S. imports skyrocket…

Wall Street set for strong open on President Trump’s upbeat U.S.-China trade comments

Wednesday, December 12, 2018 9:35 amWednesday, December 12, 201813 Comments

U.S. stock futures jumped 0.9 percent on Wednesday, joining a global equities rally…

President Trump’s G20 bromance with China’s Xi means one thing: An epic Santa Claus rally for stocks

Monday, December 3, 2018 4:28 pmMonday, December 3, 201827 Comments

It’s time to charge that extra $5,000 holiday gift because the year-end for stocks could be pretty sweet…

Stock market set to jump at open on 90-day U.S.-China trade detente

Monday, December 3, 2018 8:58 amMonday, December 3, 20189 Comments

U.S. stock index futures jumped on Monday…

Dow and S&P 500 rise on hopes of US-China trade deal

Tuesday, November 27, 2018 4:25 pmTuesday, November 27, 20183 Comments

Stocks rose on Tuesday in choppy trading as investors hoped the U.S. and China will strike a deal on trade…

UBS: Apple could ‘ultimately mitigate’ President Trump’s proposed tariffs on iPhones, laptops

Tuesday, November 27, 2018 3:27 pmTuesday, November 27, 201811 Comments

UBS says that new tariffs on consumer products like the iPhone wouldn’t hurt Apple too much…

Morgan Stanley: Apple investors shouldn’t worry too much about China

Thursday, October 18, 2018 5:00 pm4 Comments

U.S.-China trade tensions continue to concern investors, along with questions about…

Apple chief Tim Cook steps up charm offensive in China

Wednesday, October 10, 2018 9:31 pm12 Comments

Tim Cook was all smiles at the Chaoyang Future School in Beijing on Wednesday, watching high school students…

David Rubenstein: US-China trade dispute is a ‘skirmish, not a war’

Tuesday, October 9, 2018 8:27 amTuesday, October 9, 201812 Comments

The U.S. and China will eventually be able to come to a trade deal…

The $200 billion reason it’s so important for Apple’s Tim Cook to not be on President Trump’s tech hit list

Thursday, August 30, 2018 2:25 pmThursday, August 30, 20187 Comments

The stock market rallied to new records this week on the prospects of a U.S.-Mexico trade deal…

Cramer: Here’s why China won’t boycott Apple as part of its trade war with the US

Tuesday, August 7, 2018 12:01 pmTuesday, August 7, 201812 Comments

CNBC’s Jim Cramer said Tuesday he’s not convinced China will boycott Apple as part of the trade war…

Apple could be used as a ‘bargaining chip’ in the trade war, Chinese state-run media warns

Tuesday, August 7, 2018 11:00 amTuesday, August 7, 20185 Comments

Apple has benefited from cheap labor and a strong supply chain in China and needs to share more…

Stocks higher on U.S. – China trade optimism

Tuesday, July 31, 2018 2:55 pmTuesday, July 31, 20187 Comments

U.S. stocks edged higher Tuesday as technology stocks began to bounce back after a three-session downturn…

Apple comes under fire from state-run media in China

Tuesday, July 31, 2018 10:04 amTuesday, July 31, 20186 Comments

Apple Inc. has come under fire by Chinese state media, which claims the U.S. technology giant…

Why the US-China trade war may not have much impact on Apple

Tuesday, July 17, 2018 1:01 pmTuesday, July 17, 20182 Comments

Apple stock fell 1.3% on July 11 as a result of the escalating US-China trade war…

What trade war? Markets shrug off US-China dueling tariffs

Friday, July 6, 2018 1:28 pmFriday, July 6, 201846 Comments

The Labor Department said that U.S. employers added 213,000 jobs in June…

President Trump’s trade initiatives rattle Silicon Valley

Monday, June 25, 2018 4:15 pmMonday, June 25, 20187 Comments

President Trump’s plan immediately drew a cautionary note from Apple, Amazon.com and Alphabet…

U.S. President Trump puts tech in trade war crosshairs with planned curb on China investment

Monday, June 25, 2018 1:15 pmMonday, June 25, 201815 Comments

President Donald Trump is preparing a series of efforts to limit China’s ability to invest in the U.S. tech sector…

What if China bans Apple to retaliate for U.S. sanctions against Huawei, ZTE?

Thursday, April 19, 2018 9:28 amThursday, April 19, 201820 Comments

During Apple’s most recent financial earnings call in February, CEO Tim Cook said that the U.S. company…

Apple CEO Cook hopes ‘calm heads’ prevail on U.S. – China trade

Saturday, March 24, 2018 10:32 am67 Comments

I’m cognizant that in both the U.S. and China, there have been cases where everyone hasn’t benefited, where the benefit hasn’t been balanced…

Why Apple can end up benefiting from the trade skirmish

Friday, March 23, 2018 2:01 pmFriday, March 23, 20185 Comments

Apple can end up as one of the biggest winners in the current rhetoric about tariffs between U.S. and its trading partners….

Apple CEO Tim Cook heads to China as President Trump orders 25 percent tariffs on up to $60 billion in Chinese imports

Friday, March 23, 2018 11:31 am21 Comments

On Thursday, President Donald Trump signed an executive memorandum to impose tariffs on up to $60 billion in Chinese imports…

With President Trump’s tariffs, tech investors in Apple, other stocks are now in the crosshairs of trade war

Monday, March 12, 2018 11:03 am79 Comments

Speaking on television last week, Trump’s Commerce Secretary Wilbur Ross made an unusual statement…

Elon Musk sides with President Trump on trade with China

Thursday, March 8, 2018 5:30 pmThursday, March 8, 201845 Comments

Tesla’s Elon Musk is complaining about China’s car tariffs to President Donald Trump…

Analyst: President Trump’s tariff impact on Apple would be just a ’rounding error’

Wednesday, March 7, 2018 2:30 pmWednesday, March 7, 201842 Comments

A likely scenario might be input cost increases of between $20 million to $30 million, due to the use of steel and aluminum…

Apple and other tech firms caught in crossfire as U.S.-China trade war looms

Wednesday, March 7, 2018 9:46 amWednesday, March 7, 201836 Comments

As President Trump considers tariffs on Chinese imports…

Dow closes 336 points higher as trade-war worries ease

Monday, March 5, 2018 5:34 pmMonday, March 5, 20188 Comments

Stocks rose on Monday, erasing earlier losses, as worries about a potential trade war waned…

Apple Macs caught up in President Trump’s aluminum tariff plan

Friday, March 2, 2018 8:59 amFriday, March 2, 201869 Comments

President Donald Trump says his proposed aluminum and steel tariffs are about putting America first…

Stocks rise to new highs on U.S. Senate deal to end brief federal government shutdown

Monday, January 22, 2018 2:45 pm20 Comments

President Donald Trump will sign the deal into law, ending a three-day shutdown…

Dow, S&P 500 and Nasdaq rocket to new all-time records

Thursday, January 11, 2018 5:01 pm27 Comments

Economists say President Donald Trump has had generally positive effects on U.S. economic growth…

U.S. Fed, jobs data, and Apple earnings will keep stock-market investors busy

Saturday, April 29, 2017 11:24 am3 Comments

Investors face a fire hose of possible stock-market catalysts during another heavy week of earnings reports…

Investors bet Trump-fueled tech rally is far from over

Saturday, March 4, 2017 10:25 amSaturday, March 4, 2017133 Comments

Technology companies have been a driving force behind the U.S. stock market’s recent record rally…

Following President Trump’s address to Congress, Dow surges 300 points to blast past 21,000 for first time

Wednesday, March 1, 2017 3:00 pmWednesday, March 1, 201758 Comments

Wall Street is giving President Trump’s first speech to Congress a standing ovation…

U.S. retailers wrap weakest year since 2009; Wal-mart to shutter 269 stores, 154 of them in the USA

Friday, January 15, 2016 3:54 pm47 Comments

Wal-Mart is closing 269 stores, more than half of them in the U.S…

U.S. economy contracted 0.7% in first quarter

Friday, May 29, 2015 3:26 pmFriday, May 29, 201542 Comments

The United States economy got off to an even weaker start this year than first thought…

Staples inks deal to buy Office Depot for $6.3 billion

Thursday, February 5, 2015 8:55 am8 Comments

The merger, unveiled Wednesday, would take the U.S. down to one chain of office-supply superstores…

Stocks reverse lower; Apple plunges below support

Friday, January 2, 2015 12:45 pmFriday, January 2, 20159 Comments

Stocks were lower midday Friday after turning tail in 2015’s first session…

Australia has Apple’s iPhone 6/Plus to thank for timely economic boost

Tuesday, November 4, 2014 8:31 am9 Comments

Australian retail sales expanded at the fastest pace in 19 months…

When Apple iPhones ring, the economy listens

Monday, October 27, 2014 8:58 am21 Comments

Since Sept. 19, when the iPhone 6 and its larger sibling, the iPhone 6 Plus, went on sale…

Apple bears awaken with volatility highest in four months

Friday, October 3, 2014 8:37 am10 Comments

Apple’s share swings are contributing to one of the worst bouts of U.S. stock volatility…

A growing underclass: High-tech’s service workers

Wednesday, August 13, 2014 6:02 pmWednesday, August 13, 201453 Comments

They push mops and clean toilets. They cook and serve gourmet lunches…

Russian hackers infiltrated Nasdaq stock exchange – report

Thursday, July 17, 2014 5:25 pmThursday, July 17, 20147 Comments

In October 2010, a Federal Bureau of Investigation system monitoring U.S. Internet traffic picked up an alert…

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