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
A new report comparing global economies generated some eye-catching headlines like "China to overtake US economy " this week, but that doesn't mean the United States is through.
"China's been coming on strong for quite some time. U.S. businesses, as well as world businesses, are aware of that," said former Federal Reserve Governor Randy Kroszner. "But I don't think that, even if we pass this particular benchmark, it's a tipping point. That doesn't mean the United States can't still maintain its strength."
For example, the average Chinese worker makes just $6,000 a year, compared to $72,000 for the average American, and that won't change anytime soon.
In addition, economic growth doesn't necessarily lead to gains for stocks, as demonstrated in China. Dan Greenhaus at BTIG said, "Even though they're growing 7 percent or more, and even though the economy is set to become the largest in the world, the stock market has effectively gone straight down for the better part of five years."
—By CNBC.com staff, reported by Scott Cohn for "Nightly Business Report. "