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
What had looked like a good thing for consumers and their disposable income with the falling price of oil has shifted to hand-wringing amid stories of what crude's drop means for the global economy and capital spending.
The truth likely lies somewhere in the middle, said Bruce McCain, chief investment strategist at Key Private Bank.
On Tuesday, the International Monetary Fund weighed in, repeating its expectation that the steep fall in crude will increase global output in 2015 between 0.3 percent to 0.7 percent, while bringing a "new risk dimension" to the world.
The IMF projected the global economy will grow 3.5 percent this year, down from the 3.8 percent gain estimated in October.
"The forecast for the global economy is coming down, largely because they recognize as investors do today that the decline in the price of oil, whether we're talking about day or the last month, carries with it negative implications for the global economy," said Hugh Johnson, chairman of Hugh Johnson Advisors.
"Although the decline in the price of oil is likely to be good news for importing economies, it is not particularly good news for the global economy," said Hugh Johnson, chairman of Hugh Johnson Advisors.