Finance

That is a significant shift from the prevailing view in the United States since the death of Mao Zedong in 1976 that close economic engagement with China would produce an increasingly democratic country that would be closely tied to an international economic order founded mainly on Western liberal ideals. That has not happened. China has […]

The Latest on the tariffs standoff between the United States and China (all times local): 6:40 a.m. Chinese Vice Premier Liu He says trade talks with the United States have not broken down. Hong Kong’s Phoenix TV on Saturday showed Liu telling reporters that the failure to reach an agreement in the tariffs war with

May 10 (Reuters) – Uber Technologies Inc’s conservative initial public offering could not keep its shares from sinking in their trading debut on Friday, fueling debate on Wall Street over whether the outcome of the most anticipated listing since Facebook Inc would weigh on other Silicon Valley unicorns. Uber considered going public for at least

The tax code is written so that the accumulated capital gains taxes are eventually supposed to be paid. But when an individual owns the real estate, the properties can be held until death. At that point, all of the embedded capital gains are wiped out, so no capital gains tax is owed. The family inherits

“People, Power, and Profits” goes beyond diagnosis to treatment. At the core of Stiglitz’s plan is the strengthening of the state. “The view that government is the problem, not the solution, is simply wrong. To the contrary, many if not most of our society’s problems, from the excesses of pollution to financial instability and economic

The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 12:20 p.m. Ford spokeswoman Rachel McCleery says the company is most concerned about any retaliatory tariffs China might impose. The Dearborn, Michigan-based company says 80% of the vehicles it assembles in the U.S.

For example, Morningstar updates its quantitative “star” ratings of mutual funds each month based on their performance and risk characteristics. An analysis performed at my request showed that Morningstar’s 10-year fund ratings oscillated wildly as the bear market returns dropped out of the calculations. In October 2018, 26.9 percent of the 10-year fund ratings changed,

It remains unclear whether the talks can get back on track. An administration official described Mr. Xi’s letter to Mr. Trump as conveying a nice, diplomatic tone, but noted that the word “equality” was included, suggesting that China believes the United States is demanding too much and that a trade agreement must be more equitable.

The U.S. trade deficit increased slightly in March, even though the deficit with China fell to the lowest point in five years. The deficit in goods and services edged up 1.5% to $50 billion in March after falling 3.6% in February, the Commerce Department reported Thursday. The deficit is the difference between what America sells

The purpose of my visit was usually the same: read books or play on the computer. But as I grew up, I realized that things had begun to change. My mom began coming to the library with us more often. While I would be reading or finishing homework, she would be right there, typing beside