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WASHINGTON (AP): President Barack Obama's decision to impose trade penalties on Chinese tires has infuriated Beijing at a time when the United States badly needs Chinese help on climate change, nuclear standoffs with Iran and North Korea and the global economy.
BONN, Germany (Reuters) - Trade wars after a planned U.N. climate deal are implausible, partly because of a surge of new business opportunities creating jobs in clean energy, the head of the U.S. delegation at U.N. climate talks said.
NEW YORK (AP) - Investors have seen this before.Since the bear market began in late 2007, the Dow Jones industrial average has fallen into a pattern of huge declines, big gains, and then even larger declines. Four times, the market has rallied only to dissipate.