President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread 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
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Despite strong job growth, the labor market continued to show blemishes in December, former U.S Labor Secretary Robert Reich contended.
The Bureau of Labor Statistics said Friday that nonfarm payrolls grew by 292,000 for the month, easily topping expectations of 200,000. But Reich highlighted concerns about wage growth and labor force participation, which underline sustained "slack" in the jobs market.
"It's unusual where you have this degree of job growth and employers don't feel the necessity of bidding up wages," he said Friday on CNBC's "Closing Bell."
Average hourly earnings fell 1 cent for an annualized gain of 2.5 percent, both of which missed expectations. Much of the growth came in temporary or lower-wage jobs, which could have curbed wages, Reich said.
"That's been the story of much of this recovery," he said.
A separate measure that includes those who did not look for work in the past month or worked part time for economic reasons also generates concern, Reich noted. That metric came in at 9.9 percent, versus the headline unemployment rate of 5 percent.
Reich said that rate, in particular, shows the continued slack in the job market.
— CNBC's Jeff Cox contributed to this report.