Markets gain on China-U.S. trade deal hopes. U.K. movie theater chain Cineworld is set to take over Cineplex of Canada. Local concerns at the upgrading of a cruise ship port in the Cayman Islands.
President Trump is now saying the “mini-deal” with China on trade is fake news. The Trump Administration is seeking to overhaul banking rules for lower-income borrowers.
With the Conservatives’ stunning election victory in the U.K., will Brexit finally “get done”? As a trade deal looms, damage to Chinese industry over tariffs could already be irreversible. Home Depot is blaming losses on the opioid epidemic.
With the largest Conservative majority in over 30 years, a post-Brexit trade deal will be the new government’s first priority. Is political betting more accurate than election polling?
Both the Fed and Europe’s central bank keep their hands off interest rates. Money isn’t all candidates need to be part of Democratic presidential debates. Costco diversifies its bulk business with higher-end brands.
The Fed chair explains why wages are stagnant despite low unemployment. The ECB keeps interest rates low at new head Christine Lagarde’s first meeting. The Trump Administration has choked off the World Trade Organization’s top court.
Environmental and labor rules feature prominently in the “New NAFTA” deal. The unceremonious way one trucker learned his company went out of business right before the holidays.
Saudi Aramco becomes the most valuable publicly traded stock in the world. The new energy secretary gets sworn in today. “The Economist” gives its predictions for 2020.
