Home » Economy (page 11)

Economy

AIG predicts $3 billion in losses from disasters

American International Group expects to record insurance losses of roughly $3 billion during the third quarter from the recent hurricanes and earthquakes. AIG (AIG) said Monday that it expects to ...

Read More »

President Trump’s big decision on Iran in the week ahead could rattle the oil markets

[ad_1] If the White House decertifies the Iran deal, RBC Capital Markets is warning investors that oil prices could jump. Helima Croft, the firm’s global head of commodity strategy, is watching ...

Read More »

Gun stocks were trading higher after Las Vegas mass shooting

Gun stocks were trading higher after Las Vegas mass shooting

Gun stocks were trading higher Monday in response to a mass shooting at a concert in Las Vegas. Shares of Sturm Ruger (RGR) and American Outdoor Brands (AOBC), the parent ...

Read More »

Poll: Most want major changes to the tax system

Poll: Most want major changes to the tax system

As Congress turns its attention away from health care and back toward tax reform and other issues, a new CNN poll conducted by SSRS finds most in favor of major ...

Read More »

Economists doubt about Trump’s growth target

Economists doubt about Trump’s growth target

The pace of U.S. economic growth will stay stuck in the low 2% range in 2017 and 2018, far slower than the 3% pace President Trump has been targeting, according ...

Read More »

China warns US over solar panel trade curbs

China warns US over solar panel trade curbs

Beijing sent a tempered warning to Washington against trade curbs on the weekend after a US agency concluded that imports of Chinese solar panels had hurt two American manufacturers. China’s ...

Read More »

Irma, Harvey forecast to do $290 billion in economic damage

Irma, Harvey forecast to do $290 billion in economic damage

For the first time in recorded history, the U.S. was slammed with back-to-back Category 4 hurricanes from the Atlantic in the same year, straining relief funds as large swaths of ...

Read More »

US government has more than $20 trillion in debt

US government has more than $20 trillion in debt

For the first time in its history, the US federal government has more than $20 trillion in outstanding debt. The milestone was technically hit Friday, with the Treasury Department settling ...

Read More »

Chinese National Congress meeting will matter for US markets

Chinese National Congress meeting will matter for US markets

The Chinese National Congress is set to meet in mid-October, and some predict the session will have wide-reaching implications for global markets and the economy. Discussions around the growth of ...

Read More »

Billionaire Branson stays on his island amid devastating arrival of Hurricane Irma

Billionaire Branson stays on his island amid devastating arrival of Hurricane Irma

British billionaire and adventurer Sir Richard Branson will stay on his private Caribbean island, Necker, for the potentially devastating arrival of Hurricane Irma, the founder of the Virgin group of ...

Read More »