Legendary hedge fund manager Ray Dalio said the stability of the US dollar is threatened as tensions between Beijing and Washington could lead to a “capital war.” In an interview with Fox Business, Dalio said that if the US government prohibits investments in China or withholds payments on Chinese debt …
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American Express Co .. (AXP) – Get report It posted a windfall gain in the second quarter on Friday, but revenue fell by almost a third as consumer spending collapsed during the peak of the coronavirus pandemic. American Express said earnings for the three months ending June were set at …
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Getty All major indices are trading in red as the relationship between the US and China continues to sour after the US consulate was ordered closed Technological stocks were particularly under pressure, leading to the Nasdaq down. There was some positive news that put a check on the decline as …
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Kyodo News / Getty Global stocks plummeted on Friday as investors weighed in on tensions between the United States and China that worsened at an exponential rate. On Friday, China ordered the closure of a US consulate in its Chengdu city in retaliation for a request to close its own …
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Honeywell Inc. (HONO) – Get report It posted stronger-than-expected earnings in the second quarter on Friday, but noted a significant drop in aerospace sales related to Boeing’s 737 MAX delays and weak demand for commercial aircraft. Honeywell said adjusted earnings for the three months ending June were set at $ …
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