US signs limited deal with Japan on ag, digital trade. Asian shares rise despite worries on US-China talks. Hong Kong stock exchange drops bid to buy London exchange.
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The Early Bird Newsletter

Tuesday, October 8th

S and P pricesDow pricesQQQ prices
Donald Trump
Politics

US signs limited deal with Japan on ag, digital trade

The United States and Japan have signed a limited trade agreement, a deal that would win back benefits American farmers lost when President Donald Trump pulled out of a broader Asia-Pacific pact his first week in office

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Mario Picone, Anthony Rinaldi
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Asian shares rise despite worries on US-China talks

Asian shares rose Tuesday despite continuing worries about the health of the global economy ahead of trade talks between the U.S. and China. Japan's benchmark Nikkei 225 gained 1.0% to 21,587.78 and Australia's S&P/ASX 200 added 0.5% to 6,593.40. South Korea's Kospi gained 1.2% to...

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Hong Kong stock exchange drops bid to buy London exchange
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Hong Kong stock exchange drops bid to buy London exchange

The Hong Kong stock exchange on Tuesday dropped its bid to buy its London counterpart after the European exchange rejected the surprise offer. Hong Kong Exchanges and Clearing Ltd. said it was "unable to engage" with managers of the London Stock Exchange Group. That followed the Londo...

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Jerome Powell
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Fed's odd dilemma: Low unemployment but pressure to do more

With the nation's unemployment rate at its lowest point since human beings first walked on the moon, you might expect the Federal Reserve to be raising interest rates to keep the economy from overheating and igniting inflation. That's what the rules of economics would suggest. Yet the...

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Company making Costco pajamas flagged for forced labor
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Company making Costco pajamas flagged for forced labor

The Trump Administration is blocking shipments from a Chinese company making baby pajamas sold at Costco warehouses, after the foreign manufacturer was accused of forcing ethnic minorities locked in an internment camp to sew clothes against their will. The government is also blocking ...

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Carrie Lam
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Protests squeezing Hong Kong economy, tourism, leader says

Hong Kong's economy is languishing after months of increasingly violent protests, the city's embattled leader Carrie Lam said Tuesday. Lam, addressing reporters after a long weekend of more turmoil, said tourism arrivals were down by half and that hotels and retailers were suffering. ...

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Carrie Lam
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Hong Kong leader says economy taking a hit from protests

Hong Kong's economy is taking a beating from months of increasingly violent protests, the city's embattled leader Carrie Lam said Tuesday. Lam, addressing reporters after a long weekend of more turmoil, said tourism arrivals were down by half and that hotels and retailers were sufferi...

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AP Explains: Crisis in Ecuador over end to fuel subsidies
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AP Explains: Crisis in Ecuador over end to fuel subsidies

Ecuador has endured days of popular upheaval since President Lenín Moreno scrapped fuel price subsidies, a step that set off protests and clashes across the small South American country. Here's a look at the chaos that has plunged Ecuador into one of its worst political crises in many years: ...

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Rick Perry
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Profit, not politics: Trump allies sought Ukraine gas deal

As Rudy Giuliani was pushing Ukrainian officials last spring to investigate one of Donald Trump's main political rivals, a group of individuals with ties to the president and his personal lawyer were also active in the former Soviet republic. Their aims were profit, not politics. This...

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visa
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US consumer borrowing up $17.9 billion in August

Consumer borrowing increased at a solid pace in August, helped by the biggest jump in auto and student loans in three years. The Federal Reserve says total credit rose $17.9 billion after a $23 billion increase in July. The August strength came from a $19.8 billion incr...

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Melania Trump
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First lady calls for end of e-cigarette marketing to youth

Melania Trump said Monday that companies "must stop" marketing e-cigarettes to children, saying they are addictive and dangerous. Marketing tobacco products to kids is already prohibited in the United States, and Juul Labs Inc., the nation's largest maker of electronic cigarettes, has...

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Jerome Powell
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Chairman: Federal reserve must avoid political pressures

Federal Reserve Chairman Jerome Powell on Monday stressed the importance of an independent central bank "absolutely free" from politics in the wake of increasing pressure from President Donald Trump urging the central bank to lower interest rates. Powell spoke to a crowd of hundreds i...

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Contract talks continue as GM strike enters fourth week
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Contract talks continue as GM strike enters fourth week

Contract talks aimed at ending a 22-day strike by the United Auto Workers against General Motors continued Monday after United Auto Workers union bargainers rejected a company offer on Sunday. In a letter to members, UAW Vice President Terry Dittes cast doubt on whether there will be ...

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