The Trump administration is weakening the global trading system

The chips are down “SEEING POSSIBILITIES in potatoes” is the upbeat slogan of Lamb Weston Potato Products, Inc., an American exporter. But new trade deals mean that its foreign competitors have fewer obstacles blocking their view. One is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into effect on December 30th. Negotiated as […]

Trading in US stock futures had to be halted after violent moves, and markets are spooked

Drew Angerer/Getty Images An unusual move in US equity market futures this morning triggered a market intervention by CME Group, the world’s biggest futures exchange. CME had to halt trading for brief periods “to enter the market preventing even harder moves”. Traders are unsure what caused the move, which has left an extra bout of […]

Century: Eastern Wonders makes cardboard spice trading fun again

Enlarge (credit: Owen Duffy) Welcome to Ars Cardboard, our weekend look at tabletop games! Check out our complete board gaming coverage at cardboard.arstechnica.com. In 2017, newly founded tabletop studio Plan B Games released Century: Spice Road. A tight, brain-teasing card game, Spice Road cast players as merchants trading spices on the overland route between Europe […]

Chinese smart-home product maker Viomi jumps 5% in trading debut

Viomi website Chinese smart-home product maker Viomi opened for trading at $ 9.50 a share. It priced shares at $ 9 apiece, raising $ 102.6 million through its initial public offering. The company said it returned to profit in 2017 and generated $ 10.6 million of net income in the first half of 2018. Chinese hardware giant Xiaomi […]

Cleveland Browns cut Mychal Kendricks amidst charges of insider trading just 2 months after signing him to the team

AP Photo/Tony Dejak The Cleveland Browns released linebacker Mychal Kendricks after federal prosecutors charged him with insider trading. Kendricks admitted his wrongdoing in a statement shortly after the charges were made public. While Kendricks is no longer on the Browns roster, there’s a chance that he could still get paid by the franchise if he […]