"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC's Sara Eisen during an interview Friday on "Squawk on the Street."The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
"I feel like I've contributed all I can to this primary election," he told MSNBC's "Morning Joe." "And it's clearly not my time. So I'm going to end my presidential campaign."2020 Electionsread more
The United Auto Workers union and General Motors are making progress on their labor contract talks, however there remain "many" outstanding issues, according to a union leader...Autosread more
Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her...Politicsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
Joshua Harris, Apollo Global Management's co-founder, has a message for private equity's naysayers in Washington.Delivering Alpharead more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Two sites were hit Saturday — the Abqaiq and Khurais oil facilities — which took out 5.7 million barrels per day of oil production.World Politicsread more
The Federal Reserve should promptly end its easy monetary policy and press ahead with an interest rate hike, followed by a set of gradual moves higher, the head of the Dallas Fed said on Monday in his final speech as a policymaker.
Richard Fisher, president of the Dallas Federal Reserve Bank, shrugged off stagnate wage growth, calling it a lagging indicator, and said inflation will bounce back once energy prices stabilize.
Fisher, an outspoken former banker and U.S. Treasury official who has repeatedly called for the Fed to move faster with a rate hike, is stepping down this month after 10 years at the U.S. central bank.
Despite the views from Fisher and other policy hawks, the Fed has kept rates at near zero since December 2008.
The Fed has signaled that it is prepared to hike rates later this year, with June to September the expected time frame.
"The idea that we can substitute a steeper future funds-rate path for an early liftoff seems risky to me," Fisher said in remarks prepared for delivery at Rice University in Houston. "I would rather the FOMC raise rates early and gradually than late and steeply."
The Federal Open Market Committee is the Fed's policy-setting body.
Fisher said that if the economy keeps growing at its current pace, the jobless rate will be around 4.5 percent at year-end. At that rate, it would be the lowest unemployment level since May 2007.