EconomyLoop
where regional business news becomes global to everyone

Chinese premier orders investigation of vaccine makers

China's government orders investigation of vaccine industry after violations by a rabies vaccine maker prompted a public outcry... read more

 ABC10 minutes ago

     
Trade war sparking an ‘absurd and ridiculous’ price for safety stocks, $3b money manager warns

Mayflower Advisors’ Larry Glazer believes investors are getting stuck in a losing trade.... read more

 CNBC5 hours ago
Pass it On: Executive insights on staffing challenges

Staffing expert: In a tight labor market, small businesses should emphasize company culture and opportunities... read more

 ABC12 hours ago
Insider Q&A: Being creative about hiring in tight job market

Insider Q&A: Companies using creative ways to find workers amid ultra-low unemployment... read more

 ABC12 hours ago
Why a market veteran thinks Wall Street is letting fear overtake rational investing

River Twice Capital’s Zachary Karabell suggests Wall Street is foolishly undervaluing strong earnings and economic fundamentals.... read more

 CNBCYesterday
Analysts: Trump tariff threats unlikely to yield trade deals

Analysts: Trump tariff threats to China, Europe unlikely to yield trade deals... read more

 ABCYesterday
Business Highlights

Business Highlights... read more

 ABC2 days ago
National rig count decreases by 8 to 1,046; Texas loses 5

The number of rigs exploring for oil and natural gas in the U.S. decreased by 8 this week to 1,046... read more

 ABC2 days ago
How major US stock indexes fared Friday

US stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends... read more

 ABC2 days ago
Microsoft and Honeywell rally while Skechers and GE slip

Microsoft and Honeywell International rise while Skechers USA and General Electric drop... read more

 ABC2 days ago
Trump worries that Fed will raise rates two more times this year, White House official says

President Donald Trump is worried the Federal Reserve will raise interest rates two more times this year, a White House official told CNBC.... read more

 CNBC2 days ago
State Street stock falls most in two years after halting buyback to complete merger

State Street dropped 7 percent on Friday, on track for its worst day in two years, after announcing it will suspend a share buyback to acquire Charles River Development.... read more

 CNBC2 days ago
Trump says he's 'ready' to put tariffs on all $505 billion of Chinese goods imported to the US

President Donald Trump has indicated that he is willing to slap tariffs on every Chinese good imported to the U.S. should the need arise.... read more

 CNBC2 days ago
4 powerful weapons China has in its arsenal to win the US-China trade war

China has powerful non-tariff measures it can use to crush America  from cashing out its $1 trillion hoard of U.S. Treasury bonds to devaluing the yuan. These are measures that could destabilize the U.S. economy.... read more

 CNBC2 days ago
Democratic Sen. Heitkamp: Benefits of tax cuts to US workers have been 'eaten up' by Trump's tariffs

"We're the ninth most dependent on imported steel," the North Dakota senator says "The prices have gone up."... read more

 CNBC2 days ago
Workers are 'ghosting' interviews, blowing off work in a strong job market

A growing number are "ghosting" their jobs: blowing off scheduled job interviews, accepting offers but not showing up the first day and even vanishing from existing positions – all without giving notice, USA Today reports.... read more

 CNBC2 days ago
Hawaii town hopes lava tourism will bring economic relief

Images of Hawaii’s erupting Kilauea volcano have captivated people around the world. But ironically it’s nearly impossible for residents and visitors on the ground to see the lava — a fact that’s squeezing the tourism-dependent local economy.... read more

 CNBC2 days ago
Dick Bove: Trump poised to take control of the Federal Reserve

President Donald Trump has multiple reasons as to why he should take control of the Federal Reserve. He will do so both because he can and because his broader policies argue that he should do so.... read more

 CNBC2 days ago
JP Morgan predicts Tesla shares will plunge more than 40% before the end of the year

J.P. Morgan reaffirms its underweight rating for Tesla shares, saying other automakers may price their electric cars aggressively.... read more

 CNBC2 days ago
Traders expect that the Fed probably will ignore Trump's rate complaints

President Donald Trump's criticism of monetary policy won't have much impact on how the Federal Reserve goes about its business, judging by initial market reaction.... read more

 CNBC2 days ago
Your first trade for Friday, July 20

The "Fast Money" traders share their first moves for the market open.... read more

 CNBC2 days ago
Why UBS cloned an economist

You've heard of "robo-advisors." But UBS cloning an economist takes it to a whole other level, The Financial Times reports.... read more

 CNBC2 days ago
US probes complaints that some Ford Escapes overheat, stall

Federal safety investigators are looking into complaints that engines on some Ford Escape vehicles can overheat and suddenly stall while being driven... read more

 ABC2 days ago
Stocks wobble, dollar slips as traders shrug off trade talk

US stocks are drifting between small gains and losses as traders shrug off the latest trade threats from President Donald Trump... read more

 ABC2 days ago
Markets Right Now: US stocks open mostly lower

Stocks are opening mostly lower on Wall Street as investors react to some disappointing earnings reports.... read more

 ABC2 days ago
The Latest: Trump slams Fed, trading partners

Trump criticizes the Federal Reserve, largest U.S. trading partners, over monetary policy... read more

 ABC2 days ago
Deutsche Bank calls Amazon its top internet pick for the short term and long haul

Deutsche Bank is more optimistic on Amazon's prospects due to its expansion into new markets and countries.... read more

 CNBC2 days ago
Trump hits the Fed again in tweet: 'Tightening now hurts all that we have done'

... read more

 CNBC2 days ago
WATCH: Papa John's founder accused of sexual harassment

After publicly apologizing for use of a racial slur, John Schnatter is defending himself over new allegations of "sexually inappropriate conduct."... read more

 ABC2 days ago
Trump says stock market gains since election give him opportunity to wage a trade war: 'We’re playing with the bank's money'

President Donald Trump believes the stock market rally since his election win gives him the cushion to address the trade conflict with China and other countries.... read more

 CNBC2 days ago
Trump ready to hit all Chinese imports with tariffs

Trump indicates willingness to hit all Chinese imports with tariffs, sending markets sharply lower... read more

 ABC2 days ago
The Fed now has to raise rates to prove it’s independent from Trump, investment manager says

Trump’s implication that he favors holding rates down in the face of economic growth defies the convention that monetary tightening is necessary to temper inflation.... read more

 CNBC2 days ago
China's yuan falls against dollar, helping exporters

China's yuan is drifting lower against the dollar, a move that could help Chinese exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital... read more

 ABC2 days ago
Asian stocks rise amid fears of more China, US tariffs

Asian stocks higher amid fears of more China, US tariff hikes... read more

 ABC2 days ago
Higher oil prices are threatening the future of a once-burgeoning financial sector

Energy-exporting Arab countries such as Saudi Arabia were among the largest Islamic bond issuers last year, but higher oil prices have given them fewer reasons to tap that market for funds.... read more

 CNBC3 days ago
Fed being ‘very aggressive’ on rates and ignoring things they shouldn’t: Ex-Dallas Fed VP

President Donald Trump has a point – the Federal Reserve is being “very aggressive” about raising interest rates, former Dallas Fed Vice President Jerry O’Driscoll told CNBC on Thursday.... read more

 CNBC3 days ago
Bitcoin hasn't bottomed yet, says BitMEX co-founder

Bitcoin is rallying, but BitMEX co-founder Arthur Hayes says he doesn't think the coin has hit bottom yet.... read more

 CNBC3 days ago
After-hours buzz: SKX, COF & more

See which stocks are posting big moves after the bell.... read more

 CNBC3 days ago
A glance at US mortgage rates

A glance at US mortgage rates... read more

 ABC3 days ago
Business Highlights

Business Highlights... read more

 ABC3 days ago
Venture firm's partners make up the largest class of investors in its new $6.3 billion fund

Insight Venture Partners' Fund X raises the largest fund to date with its largest investors hailing from its own firm.... read more

 CNBC3 days ago
How major US stock indexes fared Thursday

Banks and other large U.S. stocks fell Thursday, but smaller companies climbed, which made for a mixed finish on Wall Street... read more

 ABC3 days ago
EBay and American Express slide; Comcast and IBM climb

EBay and American Express fall while Comcast and IBM gain ground... read more

 ABC3 days ago
Market-beating investor Bill Nygren says Facebook and Netflix are actually value plays

Nygren said Thursday he thinks investors could be missing out on two big value plays if they just look at their PE multiples.... read more

 CNBC3 days ago
Trump's Fed criticism is nearly without precedent in US history

President Donald Trump's to criticize the Federal Reserve is almost without precedent in a nation that places a high priority on the independence of monetary policy.... read more

 CNBC3 days ago
Union Pacific's 2Q profit jumps as volume rises 4 percent

Union Pacific Corp. hauled in 29 percent more second-quarter profit as the railroad handled 4 percent more shipments, but the results might have been better with some operational challenges... read more

 ABC3 days ago
Papa John's notes inquiry after reports of sexist behavior

Papa John's points to investigation, says it will take action if necessary after reports of sexist behavior... read more

 ABC3 days ago
Average US mortgage rates dip; 30-year at 4.52 percent

Long-term U.S. mortgage rates edged slightly lower this week. Mortgage buyer Freddie Mac says the average rate on 30-year, fixed-rate mortgages slipped to 4.52 percent from 4.53 percent a week earlier.... read more

 ABC3 days ago
Trump slams rate increases by independent Federal Reserve

Trump is casting aside concerns about Fed's independence, saying he's "not happy" with rate hikes... read more

 ABC3 days ago
Strike three: Comcast can add Fox to list of huge acquisitions it's failed to close

CEO Brian Roberts could still walk away with an M&A win if Comcast buys Sky — or he could add yet another swing and miss.... read more

 CNBC3 days ago