Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Singapore Summitread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
Consumers were feeling more optimistic in August, according to a survey released on Tuesday.
The Consumer Confidence Index hit 101.1 in August, The Conference Board said. Economists expected consumer confidence to hit 97 in August, according to a Thomson Reuters consensus estimate.
July's consumer confidence reading was revised to 96.7 from 97.3.
"Consumer confidence improved in August to its highest level in nearly a year, after a marginal decline in July," Lynn Franco, director of economic indicators at the trade group, said in a statement.
The survey, a closely followed barometer of consumer attitudes, measures sentiment toward business conditions, short-term outlook, personal finances and jobs.
Thirty percent of respondents said business conditions were good in August, up from 27.3 percent in July, while 18.4 percent said conditions were bad, steady from the month before. More consumers also expect business conditions to improve: 17.3 percent predicted an improvement over the next six months, up from 15.7 percent the prior month, while only 11.1 percent expect conditions to worsen, down from 12.4 percent.
While a growing share of respondents expect their incomes to improve, the outlook on jobs was mixed. More respondents said jobs were plentiful, but those claiming jobs are "hard to get" also rose. Similarly, while the the proportion expecting more jobs in the months ahead rose to 14.2 percent, up from from 13.5 percent, 17.5 percent of respondents still anticipate fewer jobs going forward.