US

Bond Prices Pare Gains But Remain Supported by Trade Concerns

Bond Prices Pare Gains But Remain Supported by Trade Concerns

US Treasury prices backed off the highest levels Friday with the 10-year taking the lead while the five-year tumbled late to claim the losing slot from the two-year. Recovering stocks, position-squaring into the weekend and slowed activity added drag late in the session. The reports of better manufacturing and consumer sentiment data were largely overshadowed by the back-and-forth between the […]

President Trump says he has signed $1.3 trillion spending bill but is ‘unhappy‘

President Trump says he has signed $1.3 trillion spending bill but is ‘unhappy‘

President Donald Trump said Friday he‘s signed a $1.3 trillion spending bill to fund the government through Sept. 30, after previously threatening to veto it. Trump said he was unhappy with things including the limited duration of time the bill was public. He also blamed Democrats for the bill not including a fix for the Deferred Action for Childhood Arrivals […]

Watch: Trump news conference on spending bill

Watch: Trump news conference on spending bill

Deal or no deal? Until Friday morning, the White House had said that President Donald Trump would sign the $1.3 trillion spending bill that has gone through both the House and the Senate. Then Trump himself tweeted he might veto it, citing the scant amount of funding for the border wall as well as a lack of progress on the […]

Need to Know: ‘I don’t think this is a trade war,’ says Wall Street veteran

Need to Know: ‘I don’t think this is a trade war,’ says Wall Street veteran

The Dow is trying to decide if it’s done diving, after yesterday’s 724-point plunge. As stocks mostly stabilize in early action, Bankrate’s Greg McBride is feeling the pain and , “Mama said there’ll be days like this.” Investors had better keep their seat belts fastened, given that “the odds of a trade war have grown,” the chief financial analyst adds. […]

Dropbox shares soar in stock-market debut

Dropbox shares soar in stock-market debut

Dropbox Inc.‘s stock debuted at $29 on the Nasdaq, or 38% above the $21 initial-public-offering price. The first trade was executed at 11:35 a.m. ET, for 7,792,534 shares. The priced late Thursday above the expected range of $18 to $20 a share, to raise $756 million, before options granted to underwriters. The stock was last up 44% at $30.18, giving […]

U.S. new-home sales pick up in February

U.S. new-home sales pick up in February

The numbers: New-home sales ran at a 618,000 seasonally adjusted annual rate in February, the Friday. What happened: Sales of newly-constructed homes were little changed in February, with a 0.6% decline compared the previous month, but January’s tally was revised up heftily. The February selling pace was 0.5% higher than a year ago. The MarketWatch consensus was for a 630,000 […]

Remember that DreamVision winterland theme park? It was a snow job

Remember that DreamVision winterland theme park? It was a snow job

when DreamVision promoters announced a southwest of Fort Worth, they unleashed a blizzard of fake snowflakes over the crowd gathered in Ashton Depot. That was only the beginning of the snow job. On Tuesday, to felony securities fraud in exchange for a 10-year prison sentence. He will have to repay $7 million in restitution to Alabama investors in a variety […]

NZ shares fall after Wall Street rout

NZ shares fall after Wall Street rout

The New Zealand sharemarket has fallen sharply in early trading after Wall Street dived on fears of a global trade war. Traders work on the floor of the New York Stock Exchange for Tuesday trading. Photo: AFP / 2018 Getty Images The main markets in the United States slumped close to 3 percent after US President Donald Trump started . […]

How the $1.3 trillion spending bill could help Fort Worth

How the $1.3 trillion spending bill could help Fort Worth

Deep inside — past the money for border security, infrastructure improvements and funding to boost election security — lies allocations geared to benefit Fort Worth. U.S. Rep. Kay Granger, R-Fort Worth, touted money for military spending, which saw the largest boost in 15 years, as well as for projects ranging from putting metal detectors at schools to continuing efforts to […]

China tech stocks take a beating as Trump sets tariffs on $60 billion of goods

China tech stocks take a beating as Trump sets tariffs on $60 billion of goods

Losses in Chinese tech stocks outpaced their U.S. counterparts on Thursday, with those losses holding into the close after President Donald Trump announced tariffs on tens of billions of dollars’ worth of goods from China. On Thursday, Trump said he instructed the office of the U.S. Trade Representative to draw up a list of with an emphasis on sensitive technologies. […]