In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered.Marketsread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
The University of Michigan's preliminary print on its consumer sentiment index ticked up to 98.4, from 98.2 in June. Economists polled by Refinitiv expected the preliminary...Economyread more
The mega-cap tech stocks that have led much of the record-long bull run have started to lose steam, but investors are still giving them the benefit of the doubt.Marketsread more
Houston, we have liftoff. Fifty years ago, man landed on the moon and McDonald's and a handful of other stocks took off into the stratosphere. Two of them have more fuel in...Trading Nationread more
Amazon's PillPack was informed this week that it will soon be cut off from patient medication data, according to people familiar with the matter.Technologyread more
An Israeli cybersecurity company has reportedly developed spyware that can scrape data from the servers of Apple, Google, Facebook, Amazon and Microsoft products.Technologyread more
House Speaker Nancy Pelosi is rejecting the White House's most recent debt ceiling proposal, Bloomberg reports.Marketsread more
The country's Revolutionary Guards say they will soon releasePoliticsread more
The U.S. stock market should move higher from near-record current levels, says the co-founder of the world's largest money manager.Marketsread more
Goldman Sachs economists say it is now a close call on whether the Federal Reserve raises rates for the first time in September, as the firm had forecast, or in December.
In a note Tuesday, the economists said their reasons are more about the lack of inflation than the weakness of the first-quarter data and the sluggish rate of job growth, with just 126,000 nonfarm payrolls in March.
"The wage weakness is one reason why we find it difficult to be 'reasonably confident' that inflation will return to 2 percent over the medium term. Other reasons are the low starting point for the core (consumer price index and personal consumption expenditures) measures, the inherent unpredictability of inflation, and the possibility of a further substantial appreciation in the U.S. dollar, " they wrote.