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
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 hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are decidedly lower this morning as investors continue to respond to polls shifting strongly in favor of the U.K. leaving the E.U. The markets are also rattled by the Orlando ISIS shooting.
-The yield on the 10-year Treasury is all the way down to 1.61%.
-Gold is up almost 1% to the $1,287/ounce level. 4-week high.
-Now some investors think the Fed may actually CUT rates this year.
-The FBI investigated the shooter, Omar Mateen, twice. But he was never arrested.
-ISIS radio is calling Mateen one of its soldiers.
-Crude prices are down about 1% and back to the $48/barrel level.
-Gasoline prices held at $2.37/gallon, national average.
-Donald Trump is going ahead with his speech today on Hillary Clinton, and now he will make it about terrorism as well.
-Trump has already called on Pres. Obama to resign for failing to protect Americans and trying to scold Americans for the shooting by blaming it on gun laws.
-Pres. Obama and Hillary Clinton have called off a joint campaign rally in Wisconsin for Wednesday because of the Orlando shooting.
-Walgreen's has ended its relationship with Theranos.
-Apple'sannual worldwide developers conference begins today. Apple is expected tounveil some information on how it will compete with Google and Amazon.
-The global defense market is now worth $65 billionper year. French defense increases are a big reason why.