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Tag Archives: U.S.

U.S. recession unlikely before 2020, and then 'wok' shaped

NEW YORK (Reuters) – U.S. President Donald Trump may just escape having to grapple with a recession before the U.S. Presidential elections in 2020, with investors saying it is unlikely one will occur before then. Joachim Fels, Managing Director at PIMCO, speaks during the Reuters Global Investment Outlook Summit in New York, U.S., Novemb… Reuters: Wealth

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Forex – U.S. Dollar Pares Back Gains, Still Near 16-Month High

© Reuters. – The dollar was lower on Tuesday, but still remained near a 16-month high in anticipation of Federal Reserve rate hikes. The , which measures the greenback’s strength against a basket of six major currencies, fell 0.29% to 97.10 as of 10:54 AM ET (15:54 GMT), but remained near Monday’s high of 97.52. The greenback continued to ...

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Amazon’s AWS opens GovCloud U.S. region on East Coast, plans Italian datacenter in 2020

Amazon Web Services (AWS) has officially opened its second set of high-security GovCloud datacenters in the U.S. Amazon’s cloud computing subsidiary announced plans for a government-focused datacenter region on the U.S. East Coast last year, which follows the West Coast GovCloud region that opened back in 2011. Government focus Amazon has been going all-in to get government contracts. Having won… ...

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Tech giants slide, pulling U.S. stock market sharply lower

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking off more than 450 points from the Dow Jones Industrial Average. Apple, Amazon and other big names fell. Banks and consumer-focused companies and media and communications stocks also took heavy losses. Crude oil prices were headed higher, snapping a 10-day skid, after Saudi Arabia said it planned ...

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U.S. judge halts Keystone XL oil pipeline in blow to Trump, Trudeau

WINNIPEG, Manitoba/NEW YORK (Reuters) – A U.S. judge in Montana has blocked construction of the Keystone XL pipeline designed to carry heavy crude oil from Canada to the United States, drawing praise on Friday from environmental groups and a rebuke from President Donald Trump. The ruling of a U.S. Court in Montana late on Thursday dealt a setback to TransCanada ...

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