Tensions between the U.S. and China will likely manifest over the long term, says a National Bank report
Trump’s allies have warned about tariffs harming the U.S. economy
Economists were predicting a slight uptick for the sector
Some on the Fed board think future rate hikes may be necessary
Jump suggests economy had solid momentum going into the April-June quarter
Herman Cain’s nomination had raised concerns about the Fed's ability to remain politically independent
The drop followed an 11.2% gain the previous month
S&P 500 companies spent $806 billion on stock buybacks in 2018
Trade tensions are “the major factor,” says WTO director-general
The change would involve taxing capital gains after taking inflation into account, which would lower the tax bite for wealthy Americans