American stocks are where you want to invest right now. Still, picking the right ones takes some digging, which is why index funds are so popular, observes Brett Owens, income expert and editor of Contrarian Outlook....
(Bloomberg) -- China is considering further cuts to subsidies for electric-vehicle purchases, according to people familiar with the matter, threatening to deal another blow to a once-burgeoning industry that’s facing an unprecedented slump.Industry regulators in the world’s largest EV market have been discussing the proposal but are holding off on a decision until they weigh car sales data over the coming months, according to the people, who asked not to be identified because the discussions are private. The plan involves reducing subsidies on consumers’ purchases of EVs next year but discussions are still at an early stage so there’s no guarantee the cuts will happen then, two of the people said.China, which began subsidizing EV purchases in 2009 to promote the industry, has been gradually reducing handouts in the past few years to encourage automakers compete on their own. But the last time the government cut subsidies it triggered the country’s...
Uncertainty about the fate of the trade negotiations between the United States and China kept markets on their toes on Friday, with European stocks benchmarks mimicking their Asian peers and retreating from the previous session's highs. Overnight on Wall Street, the Dow and S&P 500 reached record closing highs on hopes of a truce to end the damaging tariff war but a Reuters report that the White House opposed aspects of a tentative deal limited the day's gains. "The trade deal is the predominant driver", for markets at the moment said Lars Kreckel, global equity strategist at Legal & General Investment Management, noting that this morning dip in market was a just knee-jerk reaction to the latest news on the U.S.-China front....
RICHMOND, Calif. -- Chevron has demonstrated it found a way to reduce sulfated ash when it introduced the Delo 600 ADF with Omnimax technology heavy-duty engine oil this week at its Technology Center in Richmond, Calif. ...
