Author: CapitalGainsFund

Jan 16

Market Snapshot: Stock-market benchmarks surge to new records as investors ride optimism of U.S.-China trade accord

U.S. stocks rose again Thursday, with the major benchmarks reaching new record intraday highs, following the signing of a formal trade truce between the U.S. and China, completed at a White House signing ceremony on Wednesday. Investors were also parsing a batch of healthy U.S. economic reports including those on retail sales and jobless claims […]
Jan 16

The Trump administration threatened 25% tariffs on European cars if Britain, Germany, and France didn't play ball on Iran

Trump and Lighthizer Reuters/Kevin Lamarque The Trump administration threatened three European governments with 25% auto tariffs if they didn’t play ball with Iran and call out its government for violating the 2015 nuclear deal, according to a report from the Washington Post. Officials in Britain, France, and Germany received the threat, and they were stunned […]
Jan 15

Bernie Sanders says 500,000 people a year declare bankruptcy over medical expenses — here’s how to avoid that fate

During Tuesday’s democratic presidential debate, Sen. Bernie Sanders used one of his most-repeated lines to attack former Vice President Joe Biden’s stance on health care. ‘You’ve got 500,000 people going bankrupt because they cannot pay their medical bills.’ —Sen. Bernie Sanders, an Independent from Vermont and 2020 Democratic presidential candidate, speaking at Tuesday’s CNN debate […]