Monthly Archives: May 2019

Oil’s ‘heavy losses’ may continue as trade war escalates

Oil prices fell on Wednesday amid ongoing trade tensions between the U.S. and China which appear to be escalating rather than easing. Continue Reading Below On Wednesday, reports suggested that China was considering restricting its exports of rare earth minerals to the U.S. as the situation intensifies. China is the largest exporter of rare earth minerals, […]

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Housing market sees dramatic uptick, Ellie Mae CEO says

Mortgage rates are steadily moving lower as home-price gains are slowing to their weakest pace in seven years. Continue Reading Below U.S. home prices cooled off at a 2.7 percent gain in March, down from 3.0 percent in the previous month, according to the latest S&P CoreLogic Case-Shiller 20-city home price index. MORE FROM FOXBUSINESS.COM US RECESSION […]

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Billionaire Richard Branson reportedly prefers jeans, wears ‘the same pair’ daily

Despite his wealth, Richard Branson reportedly likes to stick to the basics when it comes to his wardrobe. Continue Reading Below The billionaire is a fan of white shirts and jeans, he told Page Six, according to their report Wednesday. And his outfits apparently don’t vary much from one event to another. “I just wear the same […]

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This city is home to the ‘nation’s hottest housing market’ this season: report

Tacoma, Wash. is the spot for those looking to buy a home after it was dubbed the “nation’s hottest housing market this spring” in a recent report. Continue Reading Below The declaration was made by Redfin, a real estate brokerage company. More than 50 percent of homes that were sold in the metro area went under contract in two […]

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Ocasio-Cortez’s minimum wage push to land her behind the bar once again

New York Democratic Rep. Alexandria Ocasio-Cortez will take up her former job as a bartender – for one day this week – in order to promote a higher minimum wage. Continue Reading Below Click Here: For an event hosted by Restaurant Opportunities Centers (ROC) United, Ocasio-Cortez will join restaurant workers at a yet-to-be-disclosed location in her […]

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Mueller statement shows Trump won’t be indicted: Judge Napolitano

The statement on Wednesday by Special Counsel, Robert Mueller, commenting on his report into Russian interference in the 2016 U.S. elections, shows Trump won't be indicted, Fox News senior judicial analyst Judge Andrew Napolitano said. Continue Reading Below Robert Mueller, in his first public appearance since beginning the investigation said if they had “confidence” that […]

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China could target crucial rare earth minerals as trade war escalates

China is preparing to weaponize its dominance of rare earth minerals — which are a crucial component in the U.S. tech sector — as the trade war between Beijing and Washington heats up. Continue Reading Below Rare earths, a group of 17 metals that have been deemed critical by the U.S. Geological Survey for multiple […]

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Stocks slump to 3 month lows, bonds rally, as recession fears rise with trade war

Stocks fell sharply Wednesday, with the Dow Jones Industrial Average seeing its lowest levels since January 29 and the S&P 500 index fell to its lowest levels since March 8, as the U.S.-China trade war rumbles on raising fears of a recession. Continue Reading Below All 11 sectors of the S&P 500 index retreated, with communications […]

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Elon Musk seeks record quarter, nudges Tesla workers to ‘catch up’ on deliveries

Tesla CEO Elon Musk is looking to ramp up deliveries of the company’s electric vehicles, hoping to notch a record second quarter. Continue Reading Below In an email to employees, Musk asked workers to focus on delivering vehicles and cutting costs, as the automaker targets as many as 400,000 deliveries in 2019. MORE FROM FOXBUSINESS.COM… […]

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Can China’s Beauty Brands Wrestle the Market Back from Western Ones?

It has been a while since the Chinese beauty market saw an influx of domestic beauty brands. For a long time, premium labels that offer higher quality and prices from countries like France, the U.S., Japan, and South Korea didn’t see them as a real threat. That, however, is changing quickly. It seems as if […]

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