Trump says he’s close to China trade deal but ‘I don’t know that I want to do it’

November 29, 2018@9:33 AM TFP Editor 0

President Donald Trump told reporters Thursday he was “close” to doing something on trade with China. He made the remarks as he prepared to depart for the G-20 summit meeting of world leaders in Argentina. “I think we’re very close to doing something with China but I don’t know that I want to do it,” Trump told reporters. “Because what we have right now is billions and billions of dollars coming into the United States […]

Buy Walmart, Target as online sales growth starts to outpace Amazon’s: Bank of America

November 29, 2018@9:32 AM TFP Editor 0

Online sales growth at Target and Walmart is starting to snowball as the holiday season enters full swing, with new data showing the retail giants growing digital sales faster than rival Amazon. Walmart’s U.S.-owned e-commerce growth accelerated to 43 percent in the third quarter, while Target posted a record 49 percent year-over-year surge, according to Bank of America Merrill Lynch. Given the robust gains, analysts at the brokerage wrote to clients Thursday that investors should […]

Mexican crime data may undercut migrant caravan asylum claims: ‘You don’t pick and chose’

November 29, 2018@9:31 AM TFP Editor 0

Thousands of Hondurans have made the treacherous trip through Mexico to the southern U.S. border, saying they are fleeing gang violence, but some immigration experts say Mexican crime data may undermine their case for asylum — with the caravan passing through several states with lower murder rates than many U.S. cities. Mexico as a whole has a murder rate of 19.3 per 100,000 people, according to U.N. figures, and some parts of the country are extremely […]

JLR to cut 200 jobs as production moves to Slovakia

November 29, 2018@9:23 AM TFP Editor 0

Image caption Production of the Land Rover Discovery SUV will move from the West Midlands to Slovakia next year About 200 jobs will be cut when car manufacturer Jaguar Land Rover (JLR) moves production to Slovakia, the BBC understands. The firm announced in June it planned to move production of its Land Rover Discovery SUV from its Solihull plant. There will also be a “temporary pause” in production at the Wolverhampton engine manufacturing centre, understood […]

Economic Report: Jobless claims hit 6-month high of 234,000 — government fine-tuning for Thanksgiving likely to blame

November 29, 2018@9:21 AM TFP Editor 0

The number of Americans who applied for unemployment benefits in the week of Thanksgiving rose to the highest level in six months. But the recent upturn might stem from holiday-season hiccups or other temporary factors, and it could be reversed soon. Read on Marketwatch