Business

Trump Organization possible criminal charges over hush-money payments

Trump Organization possible criminal charges over hush-money payments

Prosecutors in Manhattan, New York, are weighing possible criminal charges against the Trump Organization and two unnamed senior officials at the company, The New York Times reported on Thursday night. That possibility raises the stakes significantly for Trump, threatening not just his political future but his wealth. It appears that "substantial sums were paid for the Trump corporation to pay off, or to reimburse Mr Cohen", Fein said.


UK announces plans for 'no-deal' Brexit

UK announces plans for 'no-deal' Brexit

Business organisations expressed bewilderment at the advice issued in government documents released on Thursday outlining how to prepare in the event the United Kingdom crashing out of Europe in the event of a no deal Although Brexit Secretary Dominic Raab said a no deal was "highly unlikely".


A week of devastating body blows for Donald Trump

A week of devastating body blows for Donald Trump

During the impeachment proceedings of President Bill Clinton, the stock market actually climbed. "I will tell you what, if I ever got impeached, I think the market would crash". Trump did not address his feud when seated across from Sessions in the Oval Office, a person in the room said. Democrats, meanwhile, are trying to dampen expectations from their liberal base of taking on the president for fear that impeachment talk will cause Republican voters to rally around Trump in November.


S&P 500 reaches longest bull market in USA history

S&P 500 reaches longest bull market in USA history

The S&P consumer discretionary index .SPLRCD climbed 1.0 percent as off-price retailer TJX Companies Inc TJX.N rose on strong results and Toll Brothers Inc's TOL.N encouraging quarterly report boosted shares of homebuilders. Powell and other central bankers will meet in Jackson Hole, Wyoming, later in the week, and are expected to discuss low inflation, slow wage growth and weak productivity gains in the USA economy.


Mexico, US close to a deal on NAFTA overhaul

Mexico, US close to a deal on NAFTA overhaul

Blunt said that the group shared the overall goals of the administration of strengthening auto manufacturing in the USA and the creation of jobs and given how important NAFTA is for the US industry, the group urges negotiators to complete their talks quickly.