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U.S. stocks rise as Turkey worries ease, Companies & Markets News & Top Stories

The S&P 500 posted 23 new 52-week highs and three new lows; the Nasdaq Composite recorded 86 new highs and 71 new lows. The Nasdaq composite added 51.19 p...


Turkey and France agree to work together against U.S. economic moves

Global investors have been anxious by Turkey's high levels of foreign debt and Erdogan's refusal to allow the central bank to raise interest rates to support th...


Turkish lira firms despite US warning of more sanctions

The currency has recovered from record lows earlier this week. With Turkey's economy already in a downward spiral, the president's treasury secretary, Steve...


Qatar pledges $15 billion to invest in Turkey

Before he spoke, the lira strengthened more than 3 percent, despite signs that the dispute with the United States is as wide as ever. The crisis has prompte...


US sanctions hurting its own reputation | Turkey

Russian Federation hopes that a reasonable approach will prevail in worldwide relations and countries will return to a depoliticized dialogue, Lavrov said. In r...


Trump says his steel tariffs will save the US industry

The Trump administration in January announced it was imposing "Safeguard tariffs" over four years, with a 30 percent tariff in the first year reduced gradually ...


Bitcoin falls through $6,000 mark as cryptocurrencies suffer

Many digital currencies lost witnessed losses from 30 to 40 percent of their price within 12 days. It was last down 3.5 percent at $6,036.74. YTD Bitcoin ha...


Turkish firms cancel iPhone orders amid USA products boycott

Tariffs were also doubled on goods such as cosmetics, rice and coal. Erdogan said on Tuesday the country will boycott U.S. electronic goods in response to...


U.S. threatens more Turkey sanctions if pastor not freed

The lira has lost almost 40 percent of its value against the dollar this year, driven by worries over Erdogan's growing influence on the economy and his refusal...


Court rejects appeal for American pastor's release from detention, Turkish media says

A slide in the value of the Turkish lira turned into a rout last Friday when US President Donald Trump tweeted that his administration was doubling aluminiu...


U.S., China to Resume Trade Talks as Tariffs Bite

China will dispatch Vice Commerce Minister Wang Shouwen to the U.S. for trade talks in late August, the first official exchanges since earlier negotiations brok...


Canopy Growth (CGC) Stock: Flying On C$5 Billion Investment

It is targeting C$1 billion in overseas acquisitions over the next six to 12 months, Canopy Chief Executive Bruce Linton said on the call. Just a couple of ...


Erdogan says Turkey will boycott United States electronics, lira steadies

Turkey has been rocked in recent days by a sharp decline in the value of its lira after US President Donald Trump tweeted last Friday that Washington was do...


Genoa bridge collapse: 35 dead as minister calls for resignations

Some of the debris that rained down from the bridge landed in a dry stream bed, while other wreckage came crashing down perilously close to apartment buildings....


United Kingdom inflation RISES for first time in 2018 - ‘Cost of living SQUEEZE’

In England, house prices increased by 2.7% over the year to June, taking the average property value there to £245,000. The Consumer Price Index rose to 2.5 ...


Turkish lira trades below 6.0 against dollar after US comments

Germany, France and the United Kingdom together with European Union institutions have already taken strong measures against US sanctions on Iran and declared ...


White House Expresses Frustration With Continued Detention of US Pastor in Turkey

The Trump administration announced plans on Friday to double USA tariffs imports of steel and aluminum from Turkey. His detention has soured relations with ...


Sanders: My bad on that claim about black employment under Obama

Mueller III's investigation. Manigault-Newman - the former director of communications for the White House Office of Public Liaison - was sacked previous year ...


Turkey double tariffs on United States imports such as cars, alcohol and tobacco

A US dollar banknote is seen on top of Turkish lira banknotes in this picture illustration in Istanbul , Turkey August 14, 2018. The lira continued its rec...


Erdogan says Turkey will boycott U.S. electronic goods

Turkish President Tayyip Erdogan attends a news conference in Ankara, Turkey, August 2018. Asked how U.S. President Donald Trump's administration would re...


IPhones, US Electronics Face Boycott in Turkey Amid Trade War

It was unclear how the Turkish leader planned to implement the boycott. "You act on one side as a strategic partner but on the other you fire bullets into the...


Polls close in Vermont for slate of primaries

The anti-Trump organization "Woman's March" said that it was a victory for women as well. While Scott, a first-term governor, was popular during his first two...


Oil prices dip as demand outlook dims; Iran sanctions provide some support

Yet, bullish sentiment found some support from expectations that looming USA sanctions against Iran could significantly hamper its crude exports. Brent crud...


Turkey’s lira crisis threatens to undermine global economy

Terry Sandven, chief equity strategist at US Bank Wealth Management, said the dollar has strengthened because economic growth has picked up and other regions ar...


Drop in Turkish lira is making us a lot more money

On Sunday, speaking to supporters in Trabzon on the Black Sea coast, Erdogan dismissed suggestions that Turkey was in a financial crisis like those seen in ...