Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
U.S. sovereign bonds edged higher on Tuesday, with yields climbing down from two-week highs as the Federal Reserve's two-day policy meeting gets underway and investors prepare for more corporate earnings.
Nervousness surrounding some of the biggest company reports, including Apple and a swathe of blue chip earnings news, encouraged some renewed buying in safe haven Treasurys. But, gains were limited ahead of the Fed's meeting.
Benchmark 10-year Treasury yields dipped, trading around 2.0337 percent, having closed at 2.058 percent on Monday. Yields had been trading around a two-week high following a rate cut by China's central bank on Friday.
Yields on the 30-year Treasury dipped to 2.8594 percent after finishing at 2.867 percent in the previous session.
The Fed is expected to hold off on an interest rate rise and releases its post-meeting statement at 2 p.m. ET Wednesday. However, it is expected to leave the door open for the chance of a December rate hike.
There are also several important economic reports Tuesday, including durable goods, which came in down 1.2 percent lower for September.
Home prices rose 5.1 percent in August, in line with expectations, according to the latest S&P/Case-Shiller City Composite index.
Consumer confidence came in at 97.6 for October, below the expected 103.
Meanwhile, there appeared to be some encouraging news overnight with respect to prospects of a near-term budget deal. Congress and the White House have reached a tentative agreement to effectively suspend the debt ceiling until March 2017, which would effectively avoid a potential government shutdown at least until after the election.