Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
U.S. gasoline demand rose more than 4 percent in March to nearly 9.06 million barrels a day, the highest level for the month since 2008, monthly data from the U.S. Energy Information Administration released on Thursday showed.
March demand increased 4.7 percent compared with the previous month and 4.3 percent compared with the same month a year ago.
The increased appetite for the oil product rekindled expectations that a pickup in summer demand will help ease the glut of oil domestically and globally.
Total U.S. petroleum product demand rose 1.5 percent in March to 16.8 million bpd, also the highest level for the month since 2008, data from the EIA's petroleum supply monthly report showed.
U.S. motorists drove a record number of miles in March, logging 261.7 billion miles on U.S. roadways, the most ever for the month and a 3.9 percent bump over the year-ago month, according to data from the Federal Highway Administration .