Boeing will sell 30 new jets to Iran Aseman Airlines, its second recent deal in that nation. It’s also got plans to sell 80 planes to Iran Air. The Obama administration’s nuclear deal with Iran removed some U.S. economic sanctions in exchange for Iran agreeing to curb its development of nuclear technology. New planes were […]

Some interesting news in the automotive space today: Tesla, the maker of high-end electric cars, has now surpassed Ford in terms of market capitalization (the total value of all outstanding shares). It seems investors are betting big that Elon Musk can meet growth targets ahead of the much-anticipated release of the Model 3 sedan later this […]

China’s President Xi Jinping will have talks with President Trump on Thursday at the Mar-a-Lago resort in Florida. Last week, Trump tweeted that the meeting would be “very difficult.” The U.S. has a $347 billion trade deficit with China. In the election campaign, Trump also threatened to label China a “currency manipulator,” a designation that could […]

The Senate narrowly passed a plan to roll back a program used by states and local governments to create individual retirement accounts for workers not covered by an employer account. The program is already underway in several states, including California, Oregon, Maryland, Connecticut and Illinois. It’s an odd position Republicans now find themselves in — […]

President Trump issued two executive orders dealing with trade today. One will start a 90-day clock for the Commerce Department to report back on countries unfairly subsidizing their exports to the U.S. That’s called dumping. Second, the administration will look into whether countervailing duties imposed by the U.S. when it finds another country is dumping are […]