President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
There's a big risk in the Federal Open Market Committee statement scheduled for Wednesday, M3 Capital President John Netto said on CNBC's "Fast Money. "
"The biggest thing facing traders tomorrow is the possibility for misinterpretation," he said.
Netto noted that the Federal Reserve's economic statement and the summer economic projections were set for release at 2 p.m., and the FOMC statement was expected at 2:30 p.m.
"That simultaneous release about the size of the taper, and whether or not they're going to possibly lower the employment threshold, combined with their forecast of the Fed funds rate, unemployment and GDP are all going to play a factor in how the market reacts at 2 o'clock," he said.
"And I think the first reaction'll be that knee-jerk based on the size of the taper, but what's more important is how much the Fed emphasizes, at least how it pertains to equities, what they're going to do with the forward rate guidance."
Netto said that the biggest positive push for the market would come from the Fed announcing that it would continue unabated its $85 billion-per-month asset-purchase program — and it does not set an October meeting date.
That, he added, would be "a huge boon to the market because there's no way the Fed would initiate new policy without having a press conference to clarify and discern what those metrics were. So, that's the most bullish scenario possible.
(Read more: Expect a Fed relief rally in bonds: JPM)
"That sends Treasuries rallying. That sends the dollar selling. That sends yen rallying. And it also sends equities rallying, and especially emerging markets and anything out the yield curve that the Fed has had people chase over the last 18 to 24 months."