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Trade

Why Trade Deficits Aren’t So Bad

Americans seem to believe trade deficits are a bad thing, partly because of arguments suggesting they mean the US is 'losing.' An economist explains why that's rubbish.
Oil

Traders Bet On Oil At $100 As Iran Sanctions Loom

Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.
Tesla bond

Tesla Worried By China Tariffs Even As Deliveries Surge

Tesla Inc. announced record quarterly car production numbers on Tuesday but warned of major problems with selling cars in China due to new tariffs that would force it to accelerate investment in its factory in Shanghai.
US China

China Cancels Security Talks With United States

China has canceled a security meeting with U.S. Secretary of Defense Jim Mattis that had been planned for October, a senior U.S. official said Sunday, days after a top Chinese official said there was no reason to panic over tensions between the countries.

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