Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Sarcastically calling private equity firms "everything other than Mother Teresa," CNBC's Jim Cramer took PE firms to task on Friday. "I'm done taking heat by saying that private equity is not as good as real equity," argued Cramer. "There I said it. I'm a throwback."
Pointing to companies like Starbucks that create jobs, he said he wishes "private equity would start a lot of companies rather than just reinvent them."
Billionaire David Rubenstein, co-founder of PE-powerhouse The Carlyle Group, was listening on the "Squawk Box" set to Cramer's criticism and defended his industry. He also stood by his earlier statement that the venture capital "feeding frenzy" is good for America. Venture capital, which is a form of private equity, has started a lot of great companies, Rubenstein said.
(Read more: VC 'feeding frenzy' good for US: David Rubenstein)
"We create a lot money for our investors who are often public pension funds. So the industry doesn't need to be defended. ... It's done a very good job for people. It employees a lot of people," he argued, but admitted, "I wish we were better at getting our message across.
"Private equity is a great industry for the United States," Rubenstein concluded.