Amazon has turned Prime Day into one of the biggest online shopping holidays. But for many sellers, it’s becoming more expensive to participate. For the second year in a row, Amazon has increased the registration fee to run Prime Day Lightning Deals, which are limited-time promotions exclusively offered to Prime members. It now costs third-party […]
Read moreUtility stocks were among the worst-performing sectors of the market earlier this year, but they’re making a roaring comeback. The utilities-tracking XLU ETF has risen in 13 of the last 14 trading sessions, jumping 10 percent in one month alone. Gina Sanchez, CEO of Chantico Global, told CNBC’s “Trading Nation” on Friday that the run […]
Read moreJimmy Tosh’s sprawling hog farm in rural Tennessee is an unlikely battleground in the fight for control of the U.S. Senate. Yet his 15,000 acres (6,000 hectares) two hours west of Nashville showcase the practical risks of President Donald Trump’s trade policies and the political threat to red-state Republican Senate candidates such as Tennessee’s Marsha […]
Read morePeople don’t talk about trade tariffs in this stretch of the Mississippi River basin, where grains and metals have paid the bills for generations. They skirt the subject at church fundraisers and sidestep it at Jerry’s Café and Quick Stop, where farmers and aluminum workers gossip about everything else. Here, the winners and losers in […]
Read moreForequarter restaurant in Madison, Wisconsin, has managed to pull off a rare feat. Not only has it has stayed in business for six years, it is also still routinely referred to as trendy. On a recent visit, people were already showing up for dinner by 5:00 p.m. on a weeknight. Business is good, said owner […]
Read moreWhen life gives you lemons, make lemonade. That’s the logic behind writing options in a volatile market. The reward for giving someone else the option to buy or sell something has gone way up this year. Last year was among the least volatile in the history of the stock market, based on the Chicago Board […]
Read moreCheck out the companies making headlines before the bell: Starbucks — Outgoing Executive Chairman Howard Schultz said a recent slowdown in China sales is only temporary, and hinted at a possible collaboration with Alibaba founder Jack Ma. Schulz spoke at an event at the coffee chain’s Roastery store in Shanghai. Separately, Starbucks announced plans to […]
Read moreSpotify’s lead over Apple’s music-streaming service in the US is narrowing, denting the air of invincibility around the recently floated pioneer. While Spotify still holds a commanding lead globally, Apple’s faster growth rate in the world’s largest music market reflects its ability to push its services to owners of its devices, such as the iPhone. […]
Read moreBillionaire Elon Musk has a unique proposition for saving the boys’ soccer team trapped in a Thai cave. The Tesla chief executive on Sunday shared a video via Twitter, demonstrating a “tiny, kid-size submarine” being used to transport a person across a pool. The vessel’s structure was made from the liquid oxygen transfer tube of […]
Read moreCurrency, United States Finance
China is on a charm offensive in Europe after Trump's tariffs on Beijing
China is looking to the European Union as its new best friend amid trade frictions with the United States. Prime Minister Li Keqiang met eastern and central European leaders in Sofia, Bulgaria, on Saturday, and vowed to open up China’s economy to the wider world. Keqiang is also meeting German Chancellor Angela Merkel on Monday […]
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