• Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'

    Turkey Says Journalist Jamal Khashoggi's Murder 'Savagely Planned'

    Markets

    White House adviser Jared Kushner said Monday that the USA remains in a "fact-finding phase", and that officials are still "getting facts in from multiple places". Trump has sought to shield the Crown Prince from the backlash over Khashoggi's death, saying the Royal family claimed they had no knowledge of what might have been a rogue operation at the consulate.
  • Passport scans show Saudis accused by Turkey of killing writer Khashoggi

    Passport scans show Saudis accused by Turkey of killing writer Khashoggi

    Markets

    His fiancee, Hatice Cengiz, waits outside. Mr Khashoggi appeared regularly on Arab talk shows and moved to Washington previous year. Riyadh insists that he left the consulate safely. "If the Embassy of Saudi Arabia claims that Khashoggi disappeared after leaving the embassy building, they must prove it", a message quoted President Recep Tayyip Erdogan as saying earlier.
  • Jamal Khashoggi: Pompeo to meet Erdoğan as gory reports of killing emerge

    Jamal Khashoggi: Pompeo to meet Erdoğan as gory reports of killing emerge

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    A Turkish diplomatic source said the investigators planned to widen their search on Tuesday to the residence of the Saudi consul. Pompeo met King Salman and Crown Prince Mohammed bin Salman to discuss the incident, which has sparked global outrage and brought renewed attention on the authoritarian kingdom's human rights record.
  • Bay Area Sears Stores To Close After Retailer Files For Bankruptcy

    Bay Area Sears Stores To Close After Retailer Files For Bankruptcy

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    The retailer said that it would close 142 Sears and Kmart stores across the country, locations it considers among its worst performing. The company's Sears and Kmart stores, and its online and mobile platforms, are open and continue to offer a full range of products and services to members and customers.
  • Donald Trump Celebrates 'Historic' USMCA Deal Replacing NAFTA

    Donald Trump Celebrates 'Historic' USMCA Deal Replacing NAFTA

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    Mr. Lloyd said the challenge with calculating lost farm revenue is the USMCA hurts farmers in two ways: It limits dairy exports in addition to allowing in more USA dairy products. wheat and some other grains", Kudlow said. It also appears that market and institutional uncertainty over NAFTA should now be over with . Automakers built complicated supply chains that straddled NAFTA borders.
  • Tesla shares soar after Musk gets ousted as chairman

    Tesla shares soar after Musk gets ousted as chairman

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    The company's shares surged 16 percent in pre-market trading on Monday following the decision. On August 7, Musk told his 22 million Twitter followers that he might take Tesla private at $420 per share, with " funding secured ". "The resolution is meant to prevent further market disruption and harm to Tesla's shareholders", said SEC enforcement division co-director Steven Peikin.
  • China won’t hold trade talks unless Trump stops threats

    China won’t hold trade talks unless Trump stops threats

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    The US administration will levy tariffs of 10 percent on the $200 billion of Chinese products, with the tariffs to go up to 25 percent by the end of 2018. Monday's tariff hike follows a report by The Wall Street Journal that Chinese officials pulled out of a meeting to discuss possible talks proposed by Washington .
  • Trump wants $200 billion in China tariffs despite talks, sources say

    Trump wants $200 billion in China tariffs despite talks, sources say

    Markets

    He also made it clear he was ready to impose tariffs worth $200 billion on goods "very soon" if President Xin Jinping's government refused to back down. "We share the concerns of the United States regarding China's trade and investment practices, but continuing along the path of tariff escalation is extremely risky", warned Harborn.
  • Trump Makes False GDP Claim, Reports 'Fox Business'

    Trump Makes False GDP Claim, Reports 'Fox Business'

    Markets

    Gross domestic product increased at a 4.2 annualized rate in the second quarter of 2018, and the unemployment rate was 3.9 percent in April, 3.8 percent in May and 4.0 percent in June. Administration officials rarely contradict the president in public and nearly never from behind the podium, well aware that Trump prizes loyalty above all else in his employees.
  • Freeland, Lighthizer to meet on NAFTA after long night for negotiators

    Freeland, Lighthizer to meet on NAFTA after long night for negotiators

    Markets

    Dawson said Canada has also looked at other policy instruments to protect Canadian cultural industries, such as the deal Ottawa did with Netflix to develop Canadian content. He told an Alberta radio station that Canada would insist on keeping a NAFTA provision for settling disputes "because that ensures that the rules are actually followed".