More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
Facebook's new cryptocurrency project, titled Libra and backed by the likes of Visa and Booking Holdings, is being widely embraced by market watchers.Trading Nationread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
As Beijing has raised duties in response to the Trump administration's spate of tariff announcements, it also lowered trade barriers for exporters around the world.Marketsread more
Global watchdogs and top U.S. Congress members are calling for oversight of a digital asset being launched by Facebook and roughly two dozen other stakeholders.Marketsread more
Mortgage applications were down 3.4% from the previous week, but still up 31.6% from a year earlier, according to the Mortgage Bankers Association.Real Estateread more
Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
The Iran nuclear deal offers a long-term solution to one of the most urgent threats in modern times, U.S. Treasury Secretary Jacob Lew has said in an opinion piece for The New York Times (NYT).
Iran, the world's leading state sponsor of terrorism, would be less than 90 days away from having enough fissile material to create a nuclear bomb, should Congress decide to reject the deal, he warned - a rejection that would put the U.S. at odds with the rest of the world.
Rejecting the opinion of countries involved in the Iran talks, which include China, Japan, India and South Korea, as well as the European Union, and unilaterally introducing tougher Iran sanctions would result in cutting off those allies from the U.S. dollar and financial system.
"We would set off extensive financial hemorrhaging, not just in our partner countries but in the United States as well," Lew wrote.
To read the full NYT story, click here.