Posts

Showing posts with the label The 10 Point

The 10-Point: A Guide to the Day's Top News

Image
Today's guide to the WSJ Good Morning . In today’s edition, the U.S. weighs cutting China tariffs, Tesla to slash more jobs, Les Moonves wants his $120 million severance from CBS, and more.   1. U.S. officials debate easing tariffs on Chinese imports. The action is seen as a way to calm markets and give Beijing an incentive to make deeper concessions in a trade battle that has rattled global economies. Treasury Secretary Steven Mnuchin proposed the idea in a series of strategy meetings, according to people close to internal deliberations. They say the aim is to advance trade talks and win China’s support for longer-term reforms.   But Mr. Mnuchin faces resistance from U.S. Trade Representative Robert Lighthizer, who is concerned that any concession could be seen as a sign of weakness.   Optimism that the U.S. would ratchet back tariffs on Chinese imports lifted

The 10 Point:

Image
Today's guide to the WSJ Good Morning . Happy New Year from all of us at The Wall Street Journal. The 10-Point newsletter will take a break on Jan. 1 and return on Wednesday. In today’s edition, investors face the year’s last trading session, President Trump re-evaluates a rapid pullout from Syria, Amazon tries to reinvent itself in India, and more.   1. Futures point to higher openings for both the Dow industrials and the S&P 500 on the year’s last day of trading. European stocks were up in early trading following an upbeat session in Asia. On Friday, U.S. stocks flip-flopped —the Dow changing directions 19 times—prolonging the puzzle of the swift-swinging market . If a brutal December and rough fourth quarter have any leading cause, it is a modest souring about the global economy’s prospects. Among investors’ worries: the Fed’s rate-raising pace, the trade spat with China