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
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
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
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
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are down around 500 points as the markets are generally unprepared for this Brexit vote outcome. Global markets all tumbled overnight and Europe is sharply lower. "Leave" won with 52% of the vote, despite what all the experts, political elites, and bookies told and admonished us to believe.
-Gold is soaring to a two-year high, up $60/ounce, on this new global uncertainty.
-Bond yields are tumbling. The 10-year yield is all the way down to 1.48%.
-The Brexit victory means there's almost no chance for a Fed rate hike anytime soon.
-British PM David Cameron will now resign. He bet it all on leading the pro- "Remain" camp. He wants to stay on until October, but that may be a stretch.
-Because of Brexit: crude prices are down well over 4%, down to the $47/barrel level.
-Gasoline prices are holding at $2.31/gallon, national average.
-Donald Trump is applauding the Brexit results. Some experts have been saying the "Leave" movement's fortunes would mirror his own.
-No statement yet from Hillary Clinton or the White House. Pres. Obama sternly warned the British people to vote "Stay" earlier this year. Some say his words had the opposite effect.
-The State Dept. says Hillary Clinton failed to turn over a key work-related email. This casts the most severe doubt ever over her claim that she turned over and did not delete any work-related emails as required by law.
-Former Clinton administration diplomatic official Thomas Pickering was paid handsomely by Boeing while he pushed for the Iran nuclear deal. That's the same deal that's made Boeing's massive 80-100 jet sale to Iran possible.
-US-backed anti-Assad forces entered the Syrian city of Manbij for the first time yesterday. It's a sign of significant gains for the rebels.