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
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.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 edged up Monday afternoon 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
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Silk Road creator Ross Ulbricht, 31, was sentenced Friday to life in prison in connection with his operation of the black market website.
In February, Ulbricht was found guilty on all seven counts against him, including charges of drug trafficking and money laundering, among others. Drugs, fake IDs and other illegal goods could be purchased on the website anonymously with digital currency bitcoin.
Ulbricht created Silk Road in 2011, and authorities shut it down in October 2013. During its operation, more than 100,000 people used the marketplace.
It generated about $214 million in sales and Ulbricht took commissions of more than $13 million from the transactions, prosecutors said during the trial.
Vendors sold hundreds of kilograms of illegal drugs through the platform, officials say.
Preet Bharara, the U.S. attorney for the Southern District of New York, called Silk Road "a clandestine global marketplace" at the time of Ulbricht's conviction.
"Ulbricht built this black market bazaar to exploit the dark web and the digital currency bitcoin to allow users to conduct illegal business beyond the reach of law enforcement," Bharara said in a February statement.
Some other charges against Ulbricht related to computer hacking, trafficking of fake ID documents and engaging in a continuing criminal enterprise.