In One Chart: American cities and states have issued $72 billion of pension bonds. Here’s what that means
State and local governments often think that issuing debt to pay down their unfunded pension liabilities, but there are lots of reasons to be wary of the practice......»»
US 80 Million Visit Tourism Business at Risk
Direct spending by tourists in the United States is about $750 billion a year. A deep drop in tourism would definitely affect the American economy......»»
Exclusive: U.S. pushing India to buy $5-6 billion more farm goods to seal trade deal - sources
The United States wants India to buy at least another $5-6 billion worth of American farm goods if New Delhi wants to win reinstatement of a key U.S. trade concession and seal a wider pact, four sources familiar with the talks told Reuters......»»
The US has signaled China will buy $50 billion of farm goods. But one chart shows they"ve never come anywhere close to that before.
Reuters The United States and China on Friday announced a "Phase One" deal that would prevent an immediate escalation of the trade war between the two largest global economies. The final terms governing commerce between Washington and Beijing are stil.....»»
Bank of China Issues $2.8B in Bonds for Small Businesses Using Blockchain Tech
Bank of China has issued 20 billion yuan, or about $2.8 billion, in blockchain-based bonds to small businesses......»»
What The Sprint, T-Mobile Merger Trial Means For Investors
With a lawsuit filed by states seeking to block the $26.5 billion merger between T-Mobile Us Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) set to go to trial Dec. 9, key questions remain for investors. Latest Ratings for TM.....»»
American Cities That Went From Rich To Poor
Over the last 50 years, incomes in the United States have increased dramatically. Even after adjusting for inflation, per capita income more than doubled, from $14,700 in 1959 to $33,831 today. There........»»
Delta Borrowing $1.5 Billion To Pay For LATAM Airlines Stake
Delta Air Lines (NYSE: DAL) is selling $1.5 billion worth of bonds to help pay for its 20% stake in South American carrier LATAM Airlines, according to a prospectus filed with the Securities and Exchange Commission Wednesday afternoon. read more.....»»
50 places raising the minimum wage in 2018
Several dozen American cities, counties, and states raised local minimum wages on January 1......»»
Market Extra: A fear of rate surprises and market-moving Trump tweets has companies racing to issue cheap debt
Low rates are a key reason why high-grade U.S. companies issued a record $90 billion of bonds in the first week of September, but so are desires to avoid potentially market-rattling central bank moves and tweets from President Trump......»»
America’s 50 Best Cities to Live
Living in the United States by no means guarantees a good life, but in some parts of the country, virtually all residents live a highly prosperous lifestyle......»»
Market Extra: Here are five things to know about Apple’s $7 billion bond deal
American tech giant pounces on today’s ultralow borrowing rates to issue corporate bonds after a near two-year hiatus.....»»
Trump retaliates in trade war by escalating tariffs on Chinese imports and demanding companies cut ties with China
The slide came as the trade war between the United States and China worsened Friday, with Beijing imposing retaliatory tariffs on $75 billion in American goods......»»
The Pension Fund Apocalypse
Authored by Colin Lloyd via The American Institute for Economic Research, Over the period from 1915 to 2014 the return on U.S. equities was an annualized 11.5 percent, while the return on government bonds averaged 4.3 percent. The longer-.....»»
"Devastating effect": American says mechanic slowdown worsens, judge passes stricter order
A federal judge granted American Airlines' motion for immediate modification of a previously issued temporary restraining order Wednesday evening, which means stricter compliance conditions for the carrier's mechanics unions. U.S. District Judge Jo.....»»
Top 10 Largest Credit Card Companies In The United States
According to the Federal Reserve, Americans owe more than $1 trillion in credit card debt, which is higher than the GDP of 170 countries. American Express issued the first cre.....»»
How Trump tariffs on China and Mexico could hurt US economy
Ten billion here, ten billion there: President Donald Trump's escalating tariffs on imports to the United States have begun to amount to serious money — and potentially to imperil one of the most resilient economies in American history......»»
Next round of U.S. tariffs on China at least a month away: Mnuchin
The United States is at least a month from enacting its proposed tariffs on $300 billion in Chinese imports as it studies the impact on American consumers, U.S. Treasury Secretary Steven Mnuchin said on Wednesday......»»
These American Companies Have the Most to Lose from the China Trade War
The trade skirmish between China and the United States has become a full-blown trade war. The United States has raised tariffs on $200 billion Chinese goods from 10% to 25%. The Trump administration........»»
Global stocks slip on U.S.-China trade concerns, bonds fall
A gauge of world equity markets slid and the dollar traded near break-even on Wednesday over growing concerns about the latest U.S.-China trade talks and as the United States moved closer to raising tariffs on $200 billion worth of Chinese imports......»»
Aramco to raise $12 billion in bonds out of $100 billion demand
Saudi Aramco is set to raise $12 billion in bonds with maturities ranging from three to 30 years, according to a document issued by one of the banks leading the deal......»»