Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Trump starts the campaign season in an unusual spot for a president: overseeing a strong economy but facing low approval ratings.Politicsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Trump went after Draghi for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.Marketsread more
Shares of Beyond Meat soared 18% in premarket trading Tuesday, surpassing $200 per share.Food & Beverageread more
UBS believes a rate cut from the Federal Reserve would do little to lift the market.Marketsread more
Investors bracing themselves for lower Federal Reserve rates should think about loading up on health care stocks, history shows.Marketsread more
Now that Disney has full control of Hulu, audiences can expect more original programming to appear on the streaming service.Entertainmentread more
Canaccord Genuity's Tony Dwyer warns that If the Fed fails on Wednesday to signal a rate cut, the June rally could hit the skids.Trading Nationread more
"There is nothing that we will be pushing on more strongly for congress to act on," Microsoft president and chief legal officer Brad Smith said in an interview with NPR. "We put a stake in the ground. We care about a tax reform bill," Smith said, noting that the entire business community cares about one but that this needs to be settled first.
Smith added that it won't be easy for the government to deport Microsoft employees who are DREAMers: "[The government's] going to have to go through us to get that person," Smith said.
Microsoft is the latest tech company to speak out against the move. Smith made similar comments in a public letter.
Smith and Microsoft call on Congress to "reprioritize the fall legislative calendar and move quickly with the new legislation to protect these 800,000 Dreamers." Congress, which just returned to session on Tuesday after the Labor Day weekend, has a lot to tackle, including tax reform.
"As an employer, we appreciate that Dreamers add to the competitiveness and economic success of our company and the entire nation's business community," Microsoft said. "In short, urgent DACA legislation is both an economic imperative and a humanitarian necessity."
Microsoft said it has 39 DACA recipients among its employees and that it will "exercise its legal rights properly to help protect our employees," even if Congress doesn't come to a decision on new legislation to replace or rescind DACA within six months.
"In short, if Dreamers who are our employees are in court, we will be by their side," Microsoft said.