Many investors and analysts have increasingly lowered their expectations for the U.S. and China to find a quick resolution.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Switzerland's financial markets regulator is investigating several Swiss banks in connection with the possible manipulation of foreign exchange rates, it said on Friday.
Financial benchmarks have come under increased global scrutiny after the discovery that a key benchmark interest rate had been rigged.
(Read more: Swiss banks apologize for assisting tax cheats)
"FINMA is coordinating closely with authorities in other countries as multiple banks around the world are potentially implicated," the Swiss regulator said in a statement.
It said it would give no further details on the investigations or the banks potentially involved.
Britain's financial watchdog, the Financial Conduct Authority (FCA), said in June it was looking into a report that traders manipulated benchmark foreign exchange rates that are widely used by companies and funds.
A spokesman for the FCA declined to say whether it was working with FINMA on its probe.
(Read more: Is Swiss franc the next safe haven to fall?)
UBS and Credit Suisse declined to comment while a spokesman for Zuercher Kantonal Bank said the bank was currently not aware of a FINMA investigation.
Marc Buerki, CEO of Swissquote, said they were not part of the investigation.
To date, U.S. and British authorities have charged seven men and fined four financial firms about $2.7 billion in the investigation into the manipulation of the London interbank offered rate (Libor), used as a benchmark for more than $300 trillion of financial products.
Britain's leading prosecutor, the Serious Fraud Office (SFO), said on Thursday it was poised to charge more individuals in connection with the Libor scandal.
(Read more: Tax haven closes for wealthy Americans)
Follow us on Twitter: @CNBCWorld