Treasury Secretary Steven Mnuchin says he has spoken with a top Walmart executive about how it can keep prices low amid the U.S.-China spat.Marketsread more
When the Fed releases minutes of its last meeting this afternoon, it risks sounding a bit hawkish.Market Insiderread more
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat on trade, according to the South China Morning Post.Marketsread more
Treasury Secretary Steven Mnuchin is scheduled to testify before the House Financial Services Committee on Wednesday about the international financial system.Politicsread more
Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said.Retailread more
Such a move could provide a buffer against any economic weakness that the U.S.-China trade war could cause.The Fedread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
A federal judge grants an injunction ordering Qualcomm to renegotiate its licensing agreements.Technologyread more
Apple's China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion.Marketsread more
"I've had no conversations ever with the president or anyone in the White House about delivering the president's tax returns to Congress," Mnuchin said during a hearing before...Politicsread more
If you beat the odds and nab the top Mega Millions prize, the IRS would get more than $58 million before the windfall reaches you. You also could count on owing more at tax...Personal Financeread more
Donald Trump has enough time to raise money and build out his staff before general elections in November, billionaire investor and Trump supporter Wilbur Ross said Tuesday.
"Donald has proven before that he doesn't need as much money as the other candidates," Ross said on CNBC's "Squawk Box. " He noted that Trump trounced Jeb Bush in the GOP primary, even though the former Florida governor raised about $100 million early in the campaign and significantly outspent Trump.
In May, Clinton and the Democratic National Committee raised more than twice the $18.6 million Trump and the Republican National Committee brought in, The Associated Press reported, citing FEC filings.
The Clinton campaign started June with more than $41 million in cash on hand, while the Trump campaign had $1.3 million, according to The New York Times, also citing FEC filings.
Trump clinched the GOP nomination in no small part due to his ability to directly reach voters through his famously candid rallies and via social media. He has also dominated the news cycle throughout much of the election season.
"I don't think he needs nearly as much money as the Clinton campaign needs," Ross said.
Ross said the priority for Trump is to be more presidential and to show "the real Donald," someone who is thoughtful, comes to meetings prepared and is control of the situation.
Trump has taken heat for positions such as a temporary ban on Muslims entering the United States, as well as for comments about a Mexican-American judge presiding over a class action lawsuit against him, which members of his own party have called racist.