Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The U.S. Department of the Treasury announced that it will continue to sell its shares of General Motors common stock by launching a third pre-defined written trading plan. Following the second trading plan, taxpayers held 101.3 million shares of GM stock.
"Treasury will continue to wind down the taxpayer's investment in GM, a critical part of the administration's response to the financial crisis that prevented the collapse of the American auto industry and saved more than one million American jobs," Tim Massad, Treasury Assistant Secretary for Financial Stability, said in a statement. "The third trading plan will allow us to continue exiting the investment in accordance with our previously announced timetable while maximizing the taxpayer's return."
(Read more: )
Treasury's sale of additional GM common stock, which begins today, is part of its continuing effort to wind down the Troubled Asset Relief Program (TARP). So far, the Treasury Department has already recovered more than 96 percent ($404.9 billion) of the funds disbursed through TARP ($420.92 billion).
for the latest on the markets.