When President Donald Trump spoke to Apple’s Chief Executive Tim Cook about the impact of US tariffs on Chinese imports, Cook warned that those duties could give an edge to rival Samsung. The president said that Cook “made a good case” that the tariffs could hurt Apple, given Samsung’s products wouldn’t be subject to the […]
Impact of Fed’s Cut, Jobs Report
Below are reports from NAR’s REALTOR® magazine on the Fed interest rate cut and an excerpt from Bloomberg’s coverage of Friday’s Labor Department jobs report. Last Wednesday’s action by the Federal Reserve was the first time it cut interest rates since the Great Recession took hold in 2008. The move is not likely to deliver […]
Chinese Investors Unfazed—For Now
As President Donald Trump threatens to impose a tax on steel and aluminum from China and other countries, and both sides threaten to impose tariffs on multiple products, the stock market has been volatile. But will the trade disputes leave Chinese buyers skittish about U.S. real estate? “At this point, most Chinese buyers are cautiously […]