Business

10 things you need to know before the opening bell

1 month ago   |   By Business Insider

Reuters/Pablo Martinez Monsivais Here is what you need to know.
The IMF sounds the alarm on a US trade war. The global economy could lose as much as $430 billion, or 0.5% of gross domestic product, if President Donald Trump's new tariff threats are carried out, according to the IMF's World Economic Outlook report out Monday.
The number of people with jobs in the UK just hit an all-time high. The number of people at work in in the UK during the March to May period reached 32.4 million, the most since record keeping began in the early 1970s, Office for National Statistics data showed. See...
Read more ...

 

IMF: The US trade war could cost the global economy $430 billion

IMF: The US trade war could cost the global economy $430 billion

1 month ago   |   By Business Insider

REUTERS/China Daily
The global economy could lose $430 billion - or 0.5% of GDP - by 2020 if Trump's tariffs against China continue to escalate, the International Monetary Fund warned.
The US could be the "focus of global retaliation" and would be especially vulnerable if Trump sanctioned a fresh $200 billion in tariffs.
The comments were in the IMF's World Economic Outlook report on Monday, which showed continuing strong global growth but greater risks.
The global economy could lose $430 billion by 2020 if the current Sino-US trade war escalates and President Donald Trump's new tariff...
Read more ...

 


Search by Tags

   Business      10 Things Before Opening Bell      Trader Chat      SPY      SPX      QQQ      DIA      NFLX      AMZN      Washington      China      Trade      Trade War      IMF      Trump      U.S.      Tariffs  


Welcome to Georgia

Welcome to Georgia

Georgia – Tbilisi has been the capital city since the fifth century, the country of one of the most ancient histories and cultures in the world. Its special geographical... Read more ...

15 home upgrades you won't believe are this easy to install

15 home upgrades you won't believe are this easy to install

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. You've looked... Read more ...

20 of the best deals you'll find during eBay's huge end-of-summer sale...

20 of the best deals you'll find during eBay's huge end-of-summer sale - from Adidas sneakers to Coleman grills

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Online... Read more ...

40 thoughtful gifts to give on Wife Appreciation Day - or just because she...

40 thoughtful gifts to give on Wife Appreciation Day - or just because she deserves a little something

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. September 16... Read more ...

Tesla's largest US Supercharger station has a plush, private customer lounge...

Tesla's largest US Supercharger station has a plush, private customer lounge in the middle of a folksy California town - take a look inside

Bryan Logan/Business Insider KETTLEMAN CITY, California - Amid swaths of farmland and a smattering of gas stations, fast-food restaurants, and motels, Tesla's largest-ever... Read more ...

Kylie Jenner says she started her makeup company because she was insecure...

Kylie Jenner says she started her makeup company because she was insecure about her lips - and now it's worth $800 million

Charles Sykes/Invision/AP In a new interview for Vogue Australia's September issue, Kylie Jenner opened up about the origins of her makeup company. Jenner said she started... Read more ...

Yes, you can drink alcohol on the keto diet- but there's a catch

Yes, you can drink alcohol on the keto diet- but there's a catch

AP/Alvaro Barrientos Drinking alcohol won't stop ketosis, but it will impact it. Wine is more keto-friendly than beer because of the carb content. Drinking while on the keto... Read more ...

Tesla Shares Tank After Tearful Elon Musk Interview Freaks People Out

Tesla Shares Tank After Tearful Elon Musk Interview Freaks People Out

Tesla shares fell by more than 8 percent on Friday morning as worries about an SEC investigation increased and CEO Elon Musk gave the New York Times an interview in which he... Read more ...

Jennifer Aniston's diet is surprisingly simple - and includes Mexican food...

Jennifer Aniston's diet is surprisingly simple - and includes Mexican food and pasta

Charley Gallay/Getty Images Jennifer Aniston makes healthy eating a priority at all times, preferring fresh, whole foods over restrictive fad diets. You won't find prepackaged... Read more ...

Trump's newest plan to reshape Wall Street may sound familiar - because...

Trump's newest plan to reshape Wall Street may sound familiar - because Hillary Clinton had the same idea

REUTERS/Mike Blake President Donald Trump asked the Securities and Exchange Commission to study changing from quarterly earnings reports to biannual reports, the president said... Read more ...

Trump's economic agenda is exacerbating America's inequality crisis

Trump's economic agenda is exacerbating America's inequality crisis

AP Photo/Manuel Balce Ceneta US income inequality, already at its worst levels since the 1920s, is likely to get worse because of President Donald Trump's economic policies... Read more ...