Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
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Consumers were less optimistic than expected during the month of May, new figures showed on Friday.
The University of Michigan's Consumer Sentiment Index hit 97.1 for its final reading in May. Economists expected the index to reach 97.5, according to a Thomson Reuters consensus estimate, down from a preliminary reading of 97.7.
Last month, the University of Michigan's Consumer Sentiment Index hit 97, slightly below economists expectations for a reading of 98 during April, according to Reuters.
"Consumer sentiment has continued to move along the high plateau established following Trump's election," the survey's chief economist, Richard Curtin, wrote. "The final May figure was virtually unchanged from either earlier in May or the April reading. Indeed, the May figure was nearly identical with the December to May average of 97.3."
The monthly survey by the University of Michigan measures 500 consumers' attitudes toward topics such as personal finances, inflation, unemployment, government policies and interest rates.