Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
Airlines would no longer have to include taxes when initially advertising their fares, under House legislation a committee will vote on Tuesday.
The provision, the source of a long-running conflict between consumer advocates and airlines, is part of Federal Aviation Administration legislation at the Transportation and Infrastructure Committee. The House has approved similar measures in the past, but the Senate hasn't acted on them.
The legislation would overturn a Transportation Department requirement that airlines include all taxes in the first mention of fares in their advertising. The department's goal was to prevent bait-and-switch ads featuring low fares that then grew with taxes.
The rule approved under the department's authority to regulate unfair and deceptive practices went into effect in January 2012.
But airlines have long fought the requirement, arguing that no other industry has to include taxes when advertising prices for their products. Taxes add about 20% to the cost of an average ticket, according to the trade group Airlines for America.
Carriers led by Spirit Airlines fought the provision all the way to the Supreme Court, which declined to hear the case in April 2013.
The bill from Rep. Bill Shuster, R-Pa., states that it is not an unfair or deceptive for airlines to advertise their base fares so long as they clearly disclose taxes through a link or pop-up box on their web sites.
Travel agents have opposed similar legislation in the past out of concern it would be harder to compare prices. Charlie Leocha, president of the advocacy group Travelers United, called the provision a "poison pill" for travelers.
"Back in 2012, before DOT set rules to control deceptive advertising, airlines advertised transatlantic flights for $65. Of course, after reading the fine print a consumer found that the most inexpensive ticket cost more than $750," Leocha said. "The FAA bill will allow airlines to return to that kind of anti-consumer misleading advertising."