ESPN MLB insider Tim Kurkjian joins SportsCenter with Scott Van Pelt to discuss the news that the Washington Nationals have made six-time Major League Baseball All-Star Bryce Harper available in a trade, the likelihood of him moving, and what that will mean for his free agency. ✔ Subscribe to ESPN …
Read More »‘China doesn’t need to punish itself for other’s foolish trade policies’: Wall Street warns Beijing against weakening its currency
AP/Emily Wang The Chinese yuan has been sinking to fresh lows versus the dollar. The People’s Bank of China has tolerated the depreciation beyond its own stated exchange-rate policy. But analysts say yuan depreciation as a tool in a trade war would be too costly. Follow the Chinese yuan in …
Read More »The Trump administration reportedly drafted a bill to abandon key World Trade Organization rules
Associated Press/Evan Vucci The Trump administration has reportedly drafted a bill that would abandon the US’ commitment to the World Trade Organization’s rules. Trump has recently been angling to withdraw the US from the WTO altogether — though Congress is unlikely to approve such a measure. Administration officials involved in …
Read More »Global markets are finally getting spooked by Trump’s trade war
Getty Images / Mario Tama Global markets are once again worried about the impact of Trump’s trade war. Chinese stocks dropped sharply overnight, with losses then spreading to Europe. Major indexes on the continent are seeing losses of more than 1%. US Futures are also pointing lower, with the Nasdaq …
Read More »Nintendo’s biggest bull doubles down on his call after shares crater 20% in a month
Nintendo/Universal Studios Nintendo shares have plunged nearly 20% over the past month. But Jefferies analyst Atul Goyal, who is the biggest Nintendo bull on Wall Street, says they still have tremendous upside. He points to the widely successful Nintendo Switch, and says the company could improve its mobile business. Watch Nintendo …
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