Talk about 5G is everywhere right now, from the trade war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
Stocks that would benefit from a federal infrastructure spending program fell after President Trump ended a meeting on infrastructure spending with Democratic leaders.Market Insiderread more
Controversial lawyer Michael Avenatti was indicted on charges of trying to extort athletic shoe giant Nike out of tens of millions of dollars by threatening to go public with...Politicsread more
Parker said Wednesday that American Airlines is committed to Boeing's 737 Max once it's re-certified by the Federal Aviation Administration.Airlinesread more
Despite the president's claim that "you can't investigate and legislate simultaneously," certain must-pass pieces of legislation, including a debt ceiling hike, will...Politicsread more
U.S. President Barack Obama will press Senate Republican leaders on Tuesday to fill the vacancy on the Supreme Court created by the death of Justice Antonin Scalia, despite Republican vows to not to act on anyone he nominates.
The president and Republican senators are at odds over whether Obama should select a replacement for Scalia in an election year.
Any pick by Obama must confirmed by the Republican-controlled Senate. McConnell and Grassley have argued that the seat should remain vacant until Obama's successor takes office next January, allowing the American people to have a say in the selection when they choose a new president in the Nov. 8 election.
White House spokesman Josh Earnest said on Monday that Obama was committed to having a serious discussion with the lawmakers about his "constitutional responsibility" to appoint a successor to Scalia and how he would like to see the process play out.
"We'll have to see if Republicans are also committed to that kind of serious conversation," Earnest told reporters at a briefing. "Maybe they won't be, and if they aren't, then maybe it will be a shorter-than-expected meeting."
Scalia's death two weeks ago has rocked the U.S. political scene. Without Scalia, the court now has four conservative and four liberal justices, meaning that any potential Obama nominee could tip the balance of the court to the left for the first time in decades.
The Republican lawmakers said last week that they plan to reinforce their position at the White House meeting to wait until after the election to fill the vacancy.
"We look forward to reiterating to him directly that the American people will be heard and the next Supreme Court justice will be determined once the elections are complete and the next president has been sworn into office," the pair said in a statement.