As tensions might well drag over the next decade, investors have to learn to operate under such prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
U.S. government debt prices whipsawed on Wednesday after the Treasury Department gave no clues about whether it will issue longer-dated bonds.
The yield on the benchmark 10-year Treasury notes sat slightly higher at 2.255 while the yield on the 30-year Treasury bond was lower at 2.843 percent as of 12:00 p.m. ET. Bond yields move inversely to prices.
The Treasury said it will borrow $96 billion in the third quarter and has begun to consider how it will increase debt issuance later in the year to make up for a future decline in Federal Reserve bond purchases. It gave no further immediate information on its consideration of introducing ultra-long bonds.
Treasury yields briefly fell after the Treasury Department's announcement.
"There was a refunding decision at 8:30. [The Treasury Department] didn't' say they were issuing an ultra-long bond … On the margin I think people were anticipating we might get something more in terms of a treasury long bond. But they just put that off," said Ian Lyngen of BMO.
On the data front, companies added 178,000 jobs in July on a surge in service-related occupations and despite a decrease in manufacturing jobs, according to a report Wednesday from ADP and Moody's Analytics. The number was just shy of Wall Street expectations of 185,000.
The report is often seen as a preview to the U.S. government's monthly nonfarm payrolls report, which is set for release Friday.
In the commodities markets, oil prices rebounded after government data showed a smaller-than-expected dip in U.S. crude inventories.
U.S. commercial crude inventories fell by 1.5 million barrels to a total of 481.9 million barrels in the week through July 28. Investors had expected inventories to fall by 3 million barrels.
—Reuters contributed to this report.