Check out the companies making headlines before the bell. JPMorgan Chase — Shares fell less than 1% in the premarket after the bank posted second-quarter earnings that beat analyst expectations. Investment banking and trading revenue drove the stronger-than-expected numbers. Wells Fargo — Shares were down 3% in the premarket after the company lowered its 2025…
The U.S. government said Monday it is placing a 17% duty on most fresh Mexican tomatoes after negotiations ended without an agreement to avert the tariff. Proponents said the import tax will help rebuild the shrinking U.S. tomato industry and ensure that produce eaten in the U.S. is also grown there. Mexico currently supplies around…
China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows. China’s economy grew by more than 5 percent in the second quarter, according to official data, staying on track to meet Beijing’s annual growth target despite United States President Donald Trump’s trade war. China’s gross domestic product (GDP) expanded by 1.1…
BANGKOK (AP) — China’s economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday. That compares with 5.4% annual growth in January-March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1%. In…
With President Donald Trump’s signing of his “Big, Beautiful Bill”, some of our local nonprofits are expressing concerns for federal cuts expected in the near future. The Food Bank of Northern Nevada (FBNN) says one in six Nevadans rely on SNAP benefits. So not only is the supply going down, but this could cause the…
Major indices suffer heavy losses as EU ministers prepare to discuss response to US president’s latest trade salvo. Europe’s stock markets have dropped sharply as investors weigh United States President Donald Trump’s latest tariff threats against the European Union and Mexico. Major European indices suffered heavy losses on Monday as EU ministers were set to…
The White House’s tariffs have been well received, Donald Trump told Kristen Welker, of NBC News, last week, adding that the stock market had just hit a new high. Trump was right about the market, but he didn’t mention why investors were bidding up the S. & P. 500 and Nasdaq to unprecedented levels despite…
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China’s exports saw a stronger-than-anticipated increase in June, according to official data released Monday. The rebound comes after a tentative agreement between Washington and Beijing to ease steep tariffs imposed during their prolonged trade dispute, News.Az reports, citing foreign media. Data from the General Administration of Customs said exports climbed 5.8 percent year-on-year, topping the…
Hong Kong is striving to enhance its connectivity with countries under the Belt and Road Initiative by increasing flight frequencies to strategic destinations such as Xinjiang, Riyadh and Dallas, as well as launching new direct routes to second-tier Asean and Middle Eastern locations, the city’s chief for the national plan has said. In an exclusive…