Tag Archives: Trade War

Your Daily Dose of Financial News

BY: Michael D. Reif | March 6, 2019

Some continuing reaction to the potential end to the trade war between the US and China, through the lens of a Delaware lighting store [NYTimes] and US businesses far more broadly, who are grappling with the question of what it all has meant –  NYTimes So that’s business. On the other side of the cash … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 9, 2019

We’ve got details on China’s proposed trade peace deal along with thoughts on whether it’ll be sufficient to satisfy a White House that’s been itching for a fight – NYTimes and WSJ and Bloomberg Time for our mid-week check-in with CES as we suss out the hits and misses of all that tech aims to … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 2, 2018

On Wednesday, Wells Fargo revealed that it reached a settlement with the DOJ after months of negotiating that will see the bank pay $2.09 billion to resolve allegations over its sales of toxic mortgage-backed securities in the months and years before the 2008 financial crisis. Wells did not admit liability as part of the deal … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 1, 2018

The US government is officially greenlighting fintech, with both the OCC and the Treasury Department issuing statements yesterday in support of the “emerging corner of the financial sector.” For the OCC, that means welcoming applications for a federal charter that would allow fintech firms to operate across state lines – WSJ and Law360 and NYTimes … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | July 12, 2018

Stocks didn’t love the latest on the Trade War front yesterday.  And oil wasn’t helping the cause, either – Bloomberg and NYTimes and WSJ The latest round of US-announced tariffs seems also to have brought US trade talks with China to a grinding halt – Bloomberg Comcast wasted little time in countering Rupert Murdoch’s recent … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | July 11, 2018

The world’s keeping a wary eye on Turkey’s economic well-being, especially given the precipitous drop in the value of the country’s currency (which has pushed up prices for consumers and corporations) and President Erdogan’s recent move naming his son-in-law Turkey’s new economic chief – NYTimes and WSJ Tesla’s announced plans to build a production plant … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | July 9, 2018

Back at it.  Hope everyone had a good 4th.  Let’s get caught up . . . . Some analysis of a pretty solid US Jobs Report for June—the last, mind you, before the trade war went hot – NYTimes and Marketplace and WSJ Ahh yes, the trade war.  Things didn’t neatly solve themselves while we … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 26, 2018

Milwaukee-based Harley-Davidson announced on Monday that it will shift some of its motorcycle production overseas “to avoid retaliatory tariffs imposed by the European Union” in response to the White House’s trade moves – NYTimes and WSJ and Bloomberg and Law360 Markets were back in the [serious] red on yesterday after late-week and weekend trade machinations … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 25, 2018

The SEC has an opened an investigation into whether companies are improperly rounding up their earnings per share reporting to the next highest cent—an inquiry reportedly prompted by a noticeable lack of “4s” in the tenths place of companies’ earnings reports – WSJ The Upshot delivers us this dispatch from the front lines (think LEDs, … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | June 20, 2018

After more than 110 years as one of its mainstays, General Electric is out of the Dow Jones Industrial Average. It will be replaced by drugstore retailer Walgreens Boots Alliance – WSJ and Bloomberg Wall Street, it appears, can no longer look past the “escalating” US/China trade war – NYTimes and MarketWatch Commerce Secretary Wilbur … Continue reading