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
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
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 traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
President Donald Trump lashed out at his party's conservative wing on Sunday after the stinging defeat of a Republican health care plan he backed, arguing that Democrats were "smiling" at the result even as he hinted at co-opting the party's moderates.
Trump issued a tweet saying that Democrats were rejoicing over the GOP's failure to replace Obamacare. Although the bill was largely authored by House Speaker Paul Ryan, representatives from the right wing of the GOP including the House Freedom Caucus vigorously opposed the bill. On Sunday, Trump hit out at members of his party.
Ryan is now under heavy political pressure for not being able to marshal votes in favor of the plan.
On Saturday evening, Trump exhorted his Twitter followers to watch the latest installment of Jeanine Pirro, the conservative Fox News commentator.
The former Westchester County district attorney then opened her show launching into a tirade that called for Ryan's immediate resignation, a move some observers suggested may have been flagged in advance to the president.
Although Trump publicly laid the blame on Democrats — who control neither branch of Congress — White House Chief of Staff Reince Priebus said on Sunday that the president would court moderate Democrats for his border tax and tax cut proposals.
Speaking on Fox News Sunday, Priebus scolded hardline conservative Republicans for refusing to get behind the healthcare bill pushed by Trump and House leaders. He suggested the administration may decide to bypass the right wing of the GOP in future legislative fights.
"I think the president is disappointed in the number of people he thought were loyal to him that weren't," Priebus said on the program.
However, it's unclear whether any overtures by Trump to Democrats would be successful. Most of the party's grandees have expressed implacable opposition to his presidency after a bruising general election. Most Democrats remain angered by Democratic nominee Hillary Clinton's loss, and continue to suggest Russian interference played a significant role in her electoral downfall.
—Reuters contributed to this article.