The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread 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
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
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
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
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain...Technologyread more
Valisure, an online pharmacy company, told the FDA that high levels of dimethylformamide were found in valsartan, a drug produced by Swiss drugmaker Novartis and other...Health and Scienceread more
A daily morning look at the financial stories you need to know to start the day.
-Stock futures are sharply higher this morning after it appears the worst was avoided with Hurricane Irma. Also, North Korea did not launch another missile test over the weekend as many feared. Gold has retreated from its 1-year high and is now at the $1,339 per ounce level. The yield on the 10-year Treasury note has ticked back up to 2.09 percent.
-Hurricane Irma is still dangerous, but it's weakened to a category one storm and should weaken more today to a tropical storm. Some 5.8 million people and businesses in Florida are out of power. AccuWeather predicts the total cost of Hurricanes Irma and Harvey could be as much as $290 billion. The Miami airport does not yet know when it will reopen. House Ways and Means Chairman Kevin Brady is proposing tax breaks for Hurricane Harvey and Irma victims.