ECONOMY2018-06-13T20:28:50+00:00

U.S.-China Negotiations Are ‘Picking Up,’ USDA’s Censky Says

Trade discussions between the U.S. and China have picked up as the March 1 truce deadline nears, according to Steve Censky, the U.S. Department of Agriculture’s Deputy Secretary.

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How debt is crippling China’s global business ambitions

After spending half a decade buying up farmland across central France, Chinese billionaire Hu Keqin is coming under pressure to sell some of it off. Reward Group, his milk formula and household chemicals company, had big plans to import wheat grown in France and serve up fresh-from-the-oven baguettes at bakeries around China.

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Dow futures sharply lower after weak data

U.S. stock index futures were lower on Friday morning on the back of weaker-than-expected retail data.

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Amazon pulls out of NYC headquarters deal after mounting opposition

Amazon Opens a New Window. said on Thursday it pulled out of its plan to build a second headquarters in New York City on Thursday following a flood of opposition from city and state officials Opens a New Window.

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Futures move higher on US-China trade optimism

U.S. stock index futures were higher Thursday morning with market participants monitoring U.S.-China trade talks.

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$1,665,484,000,000: Feds Collect Record Individual Income Taxes in Calendar 2018–as Debt Climbed $1,481,349,159,596.80

The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for year, which the Treasury finished publishing today with the belated release of the December statement.

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