The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Small-business owners are tired of regulations said Linda McMahon, administrator of the Small Business Administration on CNBC's "Closing Bell" on Monday.
"The regulatory environment really can be stifling to small businesses that are trying to start up," McMahon said. "All [small-business owners are] saying is regulate the things that really need to regulated, but let's stop with the volumes of regulation that we have to comply with."
McMahon did not pinpoint a specific regulation that needs to repealed or pulled back when asked. She said she is still getting feedback to identify which regulations are hurting small business owners the most.
The former World Wrestling Entertainment CEO was confirmed for her post in the Trump administration on Feb. 14.
McMahon also noted that the large amounts of paperwork associated with government regulations distract small-business owners from the wide-ranging set of duties they have to perform as they grow.
"Regardless of what the paperwork is, it is just the volumes and the burden of having to comply with so much at a time," McMahon said.