Page 6 - Max Abelson News Today

By his own admission, President Donald J. Trump is a brilliant businessman, a master negotiator, an exceptional deal maker, somebody who always wins. When it comes to China, he is prepared to do just that—win. “I’ve read hundreds of books about China over the decades,” Trump wrote in his 1987 bestseller The Art of the Deal. “I know the Chinese. I’ve made a lot of money with

Julian Robertson, the billionaire Tiger Management founder who became one of his generation's most successful hedge-fund managers and a mentor to a wa

Fed officials still saw a need for further rate increases this year to help cool inflation.

The prospect of that large of a rate increase compounded the S&P 500’s nearly 4 percent drop.

Starbucks is pulling out of the Russian market.

The country’s top bank regulators took the first step toward modernizing the landmark anti-redlining law for the first time in nearly 30 years.

The Federal Reserve got more aggressive in its battle against inflation on Wednesday.

Credit conditions have worsened some since the Fed made its abrupt policy pivot late last year, as markets price in the prospect of greater tightening and slower growth.

Veterans of past Wall Street booms suggest that, somehow, this one doesn’t feel so good.

And Rep. Alexandria Ocasio-Cortez issues a warning to Democratic leadership.