Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The week began with promise on Monday before giving back all gains on Friday: We were greeted with emails from our managers revealing significant outperformance for May and then listened as Janet Yellen responded to Friday's weak payroll report, assuaging any concerns about a June rate hike, driving indexes higher.
Perhaps we were in the minority, but we detected an overall hawkish tone to her speech, leaving alive the possibility of a July increase. With the June 23 Brexit vote occurring after the June 14 FOMC meeting, the July 25 meeting was always the more likely timeline for the Fed to act despite the lack of a scheduled press conference.
The economy is less than robust and a Brexit could potentially derail what momentum there is. Why? Because a destabilizing European Union would further strengthen the dollar against the euro, the British pound and, in all likelihood, the yuan as well.