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Need to Know
![‘I don’t think this is a trade war,’ says veteran Wall Street strategist]()
‘I don’t think this is a trade war,’ says veteran Wall Street strategist
- China plans $3 billion in retaliatory tariffs against U.S. goods
- EU plus six other nations get temporary U.S. tariff reprieve
- Trump sells China tariffs as fight over robots, other future technologies
- Midwest’s soybeans could become China’s biggest weapon in a trade war
- Here’s why the stock market took the China tariffs so hard
- With China tariffs, Trump barks but doesn’t bite
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![Trump says he’s now considering vetoing spending bill over border wall, DACA]()
BreakingTrump says he’s now considering vetoing spending bill over border wall, DACA
- Congress rushes to approve $1.3 trillion spending bill and avoid shutdown
- Here’s why these baseball players may strike out if Congress passes the spending bill
- Trump had touted $1.6 billion spending for Mexican wall funding, blasts ‘Dem giveaways’
- How Donald Trump is re-emerging as a risk for the stock market
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Personal finance
![These colleges give you the best value for your money]()
These colleges give you the best value for your money
This ranking is based on tuition, living costs and graduates’ starting salaries.
![Filing your tax returns online? Watch out for these surprises that bump up your fees]()
Filing your tax returns online? Watch out for these surprises that bump up your fees
Make sure you know what you’re paying for before filing.
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Inside Marketwatch
Nike swings to loss, but sales beat expectations; shares rise
Shares of Nike Inc. rose more than 2% late Thursday after the company swung to a surprise loss in the fiscal third quarter thanks to the U.S. tax overhaul, but its sales beat Wall Street expectations. Nike said it lost $921 million, or 57 cents a share, in the quarter, versus earnings of $1.1 billion, or 68 cents a share, in the year-ago quarter. Revenue increased 7% to $9 billion, compared with $8.4 billion a year ago. Analysts polled by FactSet had expected earnings of 53 cents a share on sales of $8.8 billion. The tax overhaul resulted in one-time provisional charges that reduced earnings per share by $1.25, Nike said.
DNC hacker Guccifer 2.0 linked to Russian military intelligence: report
The hacker who took credit for providing WikiLeaks with hacked emails from the Democratic National Committee in 2016 has been linked to Russian military intelligence, according to a report by The Daily Beast late Thursday. The hacker, known as Guccifer 2.0, had claimed to be a Romanian "hacktivist," and hid his true location by using a VPN service. But the Daily Beast reported that cybersecurity experts traced one logon in which he apparently neglected to use VPN to a building in Moscow that is the headquarters of the GRU, Russia's military intelligence agency. That could have wide implications for special counsel Robert Mueller's probe into Russian meddling and possible collusion with the Trump campaign. Trump campaign adviser Roger Stone has admitted contacts with Guccifer 2.0 in 2016. Mueller has taken over the Guccifer 2.0 investigation from the FBI, the Daily Beast said.
