Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
Morgan Stanley has cut its bear (worst-case) forecast on Tesla's stock from $97 to just $10, citing concerns about the company's increased debt load and geopolitical exposure.Autosread more
Home Depot on Tuesday reported fiscal first-quarter earnings that beat analysts expectations, despite a damp start to the spring in much of the U.S.Retailread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
Alphabet Inc's Google said Tuesday that keeping phones up to date and secure was in "everyone's best interests," shortly after the U.S. temporarily eased some trade...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
President Donald Trump threw his support behind Sen. Luther Strange in Alabama's Republican Senate primary.
Strange, also backed by Senate Majority Leader Mitch McConnell, lost the election to former Judge Roy Moore on Tuesday night. The president then deleted some of his tweets supporting Strange.
"Luther Strange has been shooting up in the Alabama polls since my endorsement. Finish the job — vote today for 'Big Luther,'" Trump wrote Tuesday in one of the messages, archived by nonprofit news site ProPublica.
Two other deleted tweets urged Alabama to "get out and vote for Luther Strange" and said he will "never let you down."
After Moore won, Trump congratulated him in a tweet. He said Strange "started way back" and "ran a good race."
Strange was appointed to the Senate earlier this year to fill the vacancy created by former Sen. Jeff Sessions joining the Trump administration as attorney general. He was considered a reliable vote on most Republican policies. A McConnell-aligned super PAC funneled millions into the state to support Strange.
Moore, who cast himself as an anti-establishment candidate in Trump's mold, has drawn harsh criticism for his comments about gay Americans and Muslims. He previously served as an Alabama Supreme Court justice.
He was suspended, and later resigned, after he directed judges to enforce a state ban on same-sex marriage despite a Supreme Court ruling.
On Wednesday morning, Trump tweeted that he spoke to Moore on Tuesday night. The president said he "sounds like a really great guy who ran a fantastic race."