Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
President Trump announced fresh sanctions on the Islamic Republic on Monday, following the downing of an unmanned American drone last week.Politicsread more
After recent stock selloffs, the market appears to have regained its bullish trend, strategist Ed Yardeni said Thursday.
"It was not too long ago, a week ago, where this market was experiencing another one of these panic attacks. This has been a bull market that's had lots of panic attacks, and when the world doesn't come to an end, we have these enormous relief rallies," he said. "And that's still the characteristic of this bull market."
"It's really not news anymore, … and the market knows rate hikes are coming next year," said Yardeni, president and chief investment strategist of Yardeni Research.
Citing lower crude oil prices and strong corporate earnings, Yardeni added: "Fundamentally, we're in good shape. And so, I think the fears about Ebola, the fears about Germany going into recession, the fears that the dollar was going to depress earnings, they all seem to be behind us already. "
Crude oil prices weren't a reason to worry when viewed against a backdrop of historically high rail car shipments and an increase in the American Trucking Association's trucking index, Yardeni added.
"I think everybody got spooked by the drop in commodity prices recently, and I think they're starting to show some sign of stability, and the global economy is not going into recession," he said.
Asked if he was ready to call a bottom in the recent stock market selloff, " Yardeni said: "I think so."