Upratovacia služba, Bratislava, Slovensko

Trump Acknowledges That His China Policies May Mean Economic Pain for the U.S.

Trump Acknowledges That His China Policies May Mean Economic Pain for the U.S.

Srp 21, 2019

(WASHINGTON) — President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth.

Walmart Is Suing Tesla for Solar Panels That Went up in Flames

Walmart Is Suing Tesla for Solar Panels That Went up in Flames

Srp 21, 2019

NEW YORK (AP) — Walmart sued Tesla for “gross negligence” on Tuesday, saying that the electric car company’s energy division installed solar panels that went up in flames on its store rooftops.

With Eyes on the Election, the White House Insists the Economy is Strong

With Eyes on the Election, the White House Insists the Economy is Strong

Srp 20, 2019

WASHINGTON (AP) — The “fundamentals” of the U.S. economy are solid, the White House asserted Monday, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump’s reelection.

Wide Implications as Germany Teeters Toward Recession

Wide Implications as Germany Teeters Toward Recession

Srp 20, 2019

BERLIN (AP) — Germany, Europe’s industrial powerhouse and biggest economy, with companies like Volkswagen, Siemens and BASF, may be entering a recession, according to a gloomy report from the country’s central bank Monday — a development that could have repercussions for the rest of the eurozone and the United States.

The U.S. Extends a Limited Reprieve on Technology Sales to Huawei by 90 Days

The U.S. Extends a Limited Reprieve on Technology Sales to Huawei by 90 Days

Srp 20, 2019

The Trump administration has extended a limited reprieve on U.S. technology sales to Huawei, even as questions remain over how much of an effect broader sanctions are having on the Chinese technology giant.

More Than a Third of Economists Expect a U.S. Recession in 2021, a Survey Finds

More Than a Third of Economists Expect a U.S. Recession in 2021, a Survey Finds

Srp 19, 2019

WASHINGTON (AP) — A number of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the U.S. by the end of 2021.