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
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread 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
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Five days after Harvey came ashore near Corpus Christi, Texas, record-setting rainfall in Houston continues to push floodwaters higher and higher.
Hurricane Harvey turned interstate highways into rivers and put numerous subdivisions around Houston under half a dozen feet or more of water. The most powerful hurricane to hit Texas in more than 50 years, Harvey lingered along the Gulf Coast, drenching the region with a year's worth of rain in the span of a week.
These photos give an intimate look at the current efforts to rescue residents and shelter evacuees.
Two reservoirs near Houston surpassed record levels Tuesday, flooding nearby suburban homes. While the Addicks Reservoir breached the top of its emergency spillway and began flowing uncontrolled, the water levels have not reached the 109.5 foot level that U.S. Army Corps of Engineers Galveston Col. Lars Zetterstrom said would cause "larger flows of water" to go around the ends of the dam.
Texans by the tens of thousands are evacuating flooded neighborhoods, often with the assistance of more than 12,000 National Guard members. Police and volunteers continue to provide support, helping rescue residents from the high water.
Harris County officials asked for high-water vehicles and boats to help rescue workers and dozens arrived in many forms to provide assistance.
Here an evacuee holding two dogs reacts after his rescue by Texas National Guardsmen, after severe flooding forced him out of Cypress Creek in Houston.
Some residents, such as Matthew Koser, here in his grandfather's Bear Creek home, waited out the storm even as floodwaters rose. State officials said Wednesday morning that close to 49,000 homes had suffered flood damage, with more than 1,000 destroyed.
Locations such as the George R. Brown Convention Center were at or beyond capacity after flood waters from Hurricane Harvey inundated the city.
Support for the American Red Cross, Salvation Army and other groups continues to pour in as organizations and celebrities lead fundraising campaigns for Houston's evacuees.
At least 20 companies, such as Apple, Walmart and Verizon, have donated $1 million or more to Houston relief efforts.
The National Hurricane Center on Tuesday afternoon said a record 51.88 inches of rain had fallen in Texas due to Harvey, a record for the continental United States. Plans to rebuild the fourth most populous city in the U.S. are beginning to form as the water recedes and recovery continues.