Experts believe a wider spat with Europe would be much more damaging than the current tit-for-tat with China.Traderead more
After the Fed released minutes of its last meeting, the bond market signaled it fears the Fed will not be aggressive enough with its rate cutting.Market Insiderread more
The Fed minutes also note that "a couple" members wanted a 50 basis point cut, based primarily on the weak inflation readings.The Fedread more
Markets pay particular attention to Italy's spending, given its public debt pile. This stands at above 130% of its growth rate, one of the highest in the world.Politicsread more
Office phones, printers, building control systems and more — these may not sound like computers but they can all be hacked according to cybersecurity pros.Technologyread more
Software stocks are the place to be in tech as the sector mounts a recovery from its recent pullback, some analysts say.Trading Nationread more
Flight bookings to Hong Kong have fallen 10%, hit by the unrest in the city, said Alan Joyce, the chief executive of Australian carrier Qantas Airways.Airlinesread more
South Korea will scrap an intelligence-sharing pact with Japan amid an intensifying dispute over history and trade, South Korea's presidential office said on Thursday.Asia Politicsread more
Analysts generally doubt how effective the People Bank of China's latest interest rate announcement will be in significantly helping businesses grow.China Economyread more
Toyota's revolutionary approach to manufacturing turned it from a tiny Japanese automotive latecomer into one of the biggest car companies in the world. But its designs have...Autosread more
These in-demand skills can command top pay packets, says Feon Ang of professional networking site LinkedIn.Get Aheadread more
President Donald Trump believes tax reform, a key campaign plank that has boosted the business community's expectations for his presidency, will be done this year.
Asked by Fox News' Bill O'Reilly if Americans should expect a tax cut this year, Trump said he was optimistic.
"I think so, yes," Trump said in a wide ranging interview that aired Sunday, ahead of the Super Bowl. "And I think before the end of the year I would like to say yes."
The president's promise comes as some investors and analysts have begun to rethink the optimism that helped propel markets in a broad-based "Trump rally." Over the weekend, Goldman Sachs warned that economic and political realities were conspiring to undermine the market's high hopes—and Trump's lofty ambitions.
A lack of consensus on how to implement a controversial border adjustment tax appears to be dividing Republicans, something Goldman pointed to in its analysis.
Trump ran on a platform of across-the-board income and corporate tax cuts, saying that he believes the change will boost economic activity and job creation. So far, though, Congress has spent little time on the effort amid a push to repeal the Affordable Care Act.
Trump has touted tax cuts in meetings with business leaders since he took office, saying they encourage companies to keep operations and jobs in the United States. Hopes for that policy change, as well as potential infrastructure funding, helped to power a stock market rally in the weeks after Trump's election in November.
House Speaker Paul Ryan recently said Republican lawmakers will try to start pushing through tax reform and infrastructure bills in the spring.
"It's just the way the budget works that we won't be able to get the ability to write our tax reform bill until our spring budget passes, and then we write that through the summer," Ryan said Thursday on "Fox and Friends."
Trump has called for slashing the corporate tax rate to 15 percent from 35 percent. Ryan's proposal calls for a 20 percent corporate rate.
--CNBC's Javier E. David contributed to this article.