government

Tesla to Build Factory in Shanghai

Tesla to Build Factory in Shanghai

Electric car manufacturer, Tesla Inc. (NASDAQ: TSLA), has confirmed the company has reached an agreement with the Shanghai municipal government to build a factory in the region, according to people familiar with the project, reported by the Wall Str..

Boeing, Bombardier, and Brexit

Boeing, Bombardier, and Brexit

The United States and the United Kingdom have locked horns over two companies: Boeing Co (NYSE: BA), the US aerospace giant and Bombardier, the former's Canadian rival and a large company by itself. The latter was bailed out of financial difficu..

U.S. Jobless Claims Increased by 1,000 to 236,000

U.S. Jobless Claims Increased by 1,000 to 236,000

The number of Americans filing for unemployment benefits increased last week, but it still remains at a very low level and suggests a healthy labor market conditions.Initial claims for unemployment benefits increased by 1,000 to a seasonally adjuste..

Tax Cut Odds Better with Trump Troubles

Tax Cut Odds Better with Trump Troubles

Chances of tax legislation seem better with increasing dysfunction and turmoil in Washington. Wall Street at least believe so. For Trump, the second week of August was a horrible period. President Donald J. Trump came under a barrage of criticism fo..

Bannon's Exit Impacts Stock Market

Bannon's Exit Impacts Stock Market

Friday was a happening day both for the White House and the U.S. stock market. Steve Bannon quit as chief strategists, making room for plenty of speculation about what went wrong and whether the exit was voluntary or forced.  Apart from the fac..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..

Federal Officials Okay with Stock Market Rise

Federal Officials Okay with Stock Market Rise

Officials of the Federal Reserve have noticed the stock market's inexorable rise. The same issue has been discussed during their July meeting. The conclusion? The rise was based on fundamentals, and thus perfectly safe.Officials of the Federal R..