The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
"I have said that I intend to serve out my term as chair and that I'm really not going to comment on my intentions beyond that," Yellen told reporters following the Fed's two-day policy meeting. "I will say that I have not had a further meeting with President Trump. I met with him early in my term and I've not had a further meeting with him."
Yellen did have breakfast with the president's daughter and advisor, Ivanka, in July. It is unclear what the pair discussed.
Yellen's term as chair expires in February. The president has said he is considering her for another term.
"I like her and I respect her, but I haven't made that decision yet," Trump told reporters earlier this month.
Trump has said he considered choosing his top economic advisor Gary Cohn to lead the Fed after Yellen. However, Trump soured on Cohn following his criticism of the president's response to violence at a white supremacist rally last month.