"What else do you have to do that will actually have to affect the Iranians' calculus?" said Amos Hochstein, who served as U.S. special envoy for international energy affairs...World Politicsread more
The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Citi Private Bank says it has maintained an "overweight" stance on stocks in China, Hong Kong, Taiwan and South Korea.Asia Marketsread more
FedEx sued the U.S. government, saying it should not be held liable if it inadvertently shipped products that violated a Trump administration ban on exports to some Chinese...Traderead more
Stocks in Asia slipped on Tuesday, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
President Donald Trump's administration is considering imposing some U.S. sanctions on Venezuela's vital oil sector in response to Sunday's election of a constitutional super-body that Washington has already denounced as a "sham" vote, U.S. officials said.
The measures, which could be announced as early as Monday, are not expected to include a ban on Venezuelan oil shipments to the United States -- one of the harshest options -- but could block sale of lighter U.S. crude that Venezuela mixes with its heavy crude and then exports, the officials told Reuters.
While no final decisions have been made, the officials, who spoke on condition of anonymity, said the United States could also sanction further senior Venezuelan officials. But the timing of any new sanctions, which were imposed on 13 Venezuela figures last week, remained uncertain.
Other options that remain under consideration, the officials said, are various measures to restrict access by the Venezuelan government and state oil company PDVSA to the U.S. banking system, the sources said. But it was not clear whether the U.S. administration was ready to take such action or would instead hold it in reserve if further escalation was deemed necessary.
The new round of sanctions is intended to make good on Trump's threat of "strong and swift economic actions" if Venezuelan President Nicolas Maduro went ahead with Sunday's election of a controversial new congress, the officials said.
But the U.S. response, though expected to be the toughest yet against Maduro's leftist government since Trump took office, is also being calibrated to avoid causing further suffering to the Venezuelan people or damaging U.S. economic interests, the officials said.
The White House did not immediately respond to a request for comment.