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
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread 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
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread 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
Britain's opposition Labour Party leader Jeremy Corbyn said he would not resign after Members of Parliament (MPs) in his party overwhelmingly passed a motion of no confidence in his leadership.
"I was democratically elected leader of our party for a new kind of politics by 60 percent of Labour members and supporters, and I will not betray them by resigning," he said in an emailed statement on Tuesday. "Today's vote by MPs has no constitutional legitimacy," he added.
On Tuesday, lawmakers from Britain's opposition Labour Party backed a motion of no confidence in their leader. The motion was tabled in the wake of Britain's vote to leave the European Union and backed by many who felt he had not campaigned hard enough to keep the country inside the EU, and would not be able to win a future election.
The result, which was expected after days of heavy criticism from within his party, has no formal consequence and does not automatically trigger a leadership election. Corbyn has previously said he will not resign and would stand again if the party did call a leadership contest.