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
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread 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
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread 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
The U.S. Internal Revenue Service said on Friday that it has stopped initiating new asset seizures from tax delinquents during the government shutdown and is enforcing seizures only in "extremely limited" instances.
During the shutdown, the "IRS is not sending out levies or liens," an agency spokeswoman said in a statement to Reuters.
Under tax law, the IRS can seize property from U.S. citizens who have not paid their taxes. Known as levies, such seizures can target bank account balances, real estate or other assets.
Levies are different from tax liens. A lien is a claim used as security for a tax debt, while a levy actually takes the assets or property to satisfy the debt.
Any levies or liens a taxpayer might receive during the shutdown were printed before the IRS closed, the agency said.
Tax professionals had expressed concern that the government shutdown had left tax delinquents defenseless against IRS asset seizures.
IRS staffers who assist delinquent taxpayers in defending themselves from collectors have been furloughed, while some IRS tax collectors who pursue individuals and businesses that are delinquent are still working through the shutdown.
The shutdown, now in its fourth day, has furloughed more than 90 percent the IRS's 94,000-person workforce.
The only enforcement actions the IRS is undertaking during the shutdown involve criminal cases or non-criminal "isolated instances where we need to take immediate action to protect the government's interest," IRS spokeswoman Michelle Eldridge said.
"For criminal issues, most IRS Criminal Investigation employees continue to work during this period," Eldridge said.
(Read more: Speaker Boehner: Shutdown is 'not some damn game')