The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
The Iranian Intelligence Ministry held a briefing on Monday where they announced the alleged spies were Iranian citizens but trained by the CIA.World Newsread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Facebook, Amazon and Alphabet, a collective $2.3 trillion in market cap, are reporting in the coming week. Here's what to watch.Trading Nationread more
The U.K. will find out who its next prime minister will be this week as voting within the U.K.'s ruling Conservative Party comes to a close.Europe Politicsread more
A settlement could reportedly come as soon as Monday.Technologyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Donald Trump, calling himself a "free trader," told CNBC on Thursday he would renegotiate trade deals like NAFTA, not end them.
"We will be redoing some of these horrendous, like I mean horrendous, trade deals that have destroyed New York state, ... that have destroyed Pennsylvania, that have destroyed Michigan," he said in a "Squawk Box" interview. "Look at what's going on in Michigan. Car companies that are moving to Mexico, in particular. I'll stop it. Hillary Clinton can't stop it."
Trump's anti-trade comments have been a source of concern on Wall Street, and one market fear has been of rising protectionism.
"So they may be talking about the fact that because I'm going to negotiate trade, I won't have any trade, and that won't lead to jobs," Trump said in the phone interview. "Well, the fact that I'm negotiating trade will mean that we're going to make good trade deals. But we are absolutely going to keep trading. I am not an isolationist. And they probably think I am. I'm not at all. I'm a free trader. I want free trade, but it's got to be fair trade. It's got to be good deals for the United States."
Trump complained about companies that leave the U.S. for Mexico, which he mockingly called "the eighth wonder of the world."
"We're losing businesses to Mexico, like one after another," he said. "Ford is building a massive new plant. It's an extension of another one. It just keeps going." He said when it comes to companies leaving for cost efficiencies, companies should look for more competitive opportunities in other states.
"You can't just leave the United States and there's no consequence," he said. He pointed to Carrier Corp, which is shutting down a plant in Indiana, and moving the work to Mexico.
"When they make an air conditioning unit they're going to pay something at the border. Every time they ship in a unit they're going to have to pay something. Now, when we do that, they're not going to leave any more," he said.