June 26, 2019

U.S. aims to restart China trade talks, will not accept conditions on tariff use

The United States hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan on Saturday, but Washington will […]
June 25, 2019

Micron says some Huawei shipments resumed, shares rise

Micron Technology Inc said it had resumed some microchip shipments to Huawei Technologies Co Ltd and still expects demand for its chips to recover later this […]
June 25, 2019

Tesla faces delivery bottleneck at close of second quarter: Electrek

Shares of Tesla Inc fell 1.7% on Tuesday after news website Electrek reported that the electric-car maker has so far delivered 49,000 vehicles in North America […]
June 25, 2019

Fed pushes back on aggressive U.S. rate cut views

Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of […]
June 25, 2019

FedEx warns 2020 results to be hurt by trade war, shares fall 2%

Package delivery company FedEx Corp beat Wall Street estimates for quarterly profit on Tuesday, but warned its fiscal 2020 performance would be hurt by trade uncertainty […]
June 25, 2019

Wall Street sinks as hopes fade for rate cuts, trade progress

Wall Street stock indexes fell on Tuesday, led by a sharp selloff in technology shares, as simmering trade concerns and disappointing economic data sent buyers to […]
June 25, 2019

Gold soars to six-year high, stocks slide after Powell speech

Gold soared to an almost six-year high on Tuesday on escalating U.S.-Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the […]
June 25, 2019

Micron revenue & profit beats, sees signs of improving demand

Micron Technology Inc beat analysts’ estimates for quarterly revenue and profit on Tuesday, and the chipmaker said it is seeing early signs of demand improvement, sending […]
June 25, 2019

Fed’s Barkin sees risk the U.S. could talk itself into a recession; no sign of it yet

Richmond Federal Reserve President Thomas Barkin on Tuesday said there was a risk the United States could talk itself into a recession but added he saw […]
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