U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
U.S. government debt yields rose Monday amid growing optimism over tax reform from Washington and strong economic data.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 2.334 percent, as was the yield on the 30-year Treasury bond, at 2.856 percent.
Republicans unveiled sweeping changes to America's tax code last week in a proposal that dramatically lowers taxes on businesses and many households but remains unclear on issues such as how to pay for it all.
The framework, a production of the Trump administration and Republican leadership, calls for lowering the corporate rate from 35 to 20 percent. It would also bring down the rate for so-called pass-through businesses to 25 percent.
On Friday, he said he would make a decision on the next Federal Reserve chair in the next two to three weeks.
Rumours that Kevin Warsh could replace Yellen have sent the U.S. dollar higher given his hawkish views.
On the data front, U.S. factory activity surged to a more than 13-year high in September amid strong gains in new orders and raw material prices, pointing to underlying strength in the economy even as Hurricanes Harvey and Irma are expected to dent growth in the third quarter, according to Reuters.
The Institute for Supply Management (ISM) said its index of national factory activity surged to a reading of 60.8 last month, the highest reading since May 2004.
In oil markets, prices fell Monday after posting gains of 20 percent in the third quarter. Brent crude traded at $55.57 a barrel, down 2.13 percent, while U.S. crude was down nearly 3 percent at $50.14 barrel.