Search Results for: Trump
Dow Falls 370 Points, Bonds Rally on Trump Turmoil
May 18th, 2017
Risk off sentiment grips markets with Washington on edge Volatility comes roaring back, as gold surges on haven demand The Dow Jones Industrial Average tumbled more than 370 points, Treasuries rallied the most since July and volatility spiked higher ...
Trump is said to seek cutting corporate tax rate to 15 percent
April 25th, 2017
President Trump has instructed his advisers to make cutting the corporate tax rate to 15 percent a centerpiece of his tax-cut blueprint to be unveiled this week, according to people with knowledge of his plans, even if that means ...
Asian Stocks Fall as Dollar Slumps on Trump Talk: Markets Wrap
April 13th, 2017
Japanese shares lead decline as yen strengthens for fourth day Hong Kong equities pare losses amid Chinese export data Most Asian stocks fell after the dollar slumped and Treasury bond yields dropped to the lowest level this year in ...
Asia Stocks Climb as Xi-Trump Meeting Approaches: Markets Wrap
April 3rd, 2017
Chinese and Taiwanese markets are both closed for a holiday Event-laden week also includes U.S. jobs report on Friday Stocks in Asia rose at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump ...
Accountants confident Donald Trump to accelerate U.S. economic growth
February 28th, 2017
More than two-thirds of CPAs and accountants expect President Donald Trump to accelerate U.S. economic growth, according to a recent survey. Thirty percent of public accountants in a recent Accounting Today poll are “very confident” and 39 percent are ...
Asian Stocks Rise, Bonds Slip Before Trump Speech: Markets Wrap
February 28th, 2017
Odds for U.S. interest rate hike in March rise to 50% Trump speech Tuesday to be scrutinized for spending plans Asian stocks erased gains as a rally in Tokyo faltered and the yen strengthened ahead of Donald Trump’s address ...
Some of the world’s biggest tech companies join the fight against US President Donald Trump’s travel ban
February 6th, 2017
Some of the world’s biggest tech groups have officially joined the fight against US President Donald Trump’s travel ban on nationals from certain Muslim-majority countries. Apple, Microsoft, Google and Facebook are among 97 companies to file an amicus curiae ...
The honeymoon is over: Wall Street is finally taking Trump literally
February 2nd, 2017
By itself, the 230-point drop in the Dow Jones Industrial Average DJIA, -0.16% this week wasn’t earth shattering: 1% gains and losses happen all the time. But the clattering sound accompanying it wasn’t hard to diagnose: It was the ...
Soros’s bad bet against Trump cost his clients $1bn
February 2nd, 2017
George Soros’s hedge fund was one of the biggest losers of 2016, as the Hungarian-born billionaire’s misplaced investments turned into a $1 billion loss for his clients, according to a report by hedge fund investor LCH Investments, cited by ...
Is Trump’s immigration order legal?
February 2nd, 2017
Senate Majority Leader Mitch McConnell may have offered the most prescient reaction to President Donald Trump’s executive order suspending refugee resettlement and blocking individuals from seven majority-Muslim nations from entering the United States. “It’s going to be decided in ...
