Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
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Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
The International Campaign to Abolish Nuclear Weapons (ICAN) won the Nobel Peace Prize on Friday, as the Norwegian Nobel Committee warned that the risk of a nuclear conflict is greater than for a long time.
ICAN describes itself as a coalition of grassroots non-government groups in more than 100 nations. It began in Australia and was officially launched in Vienna in 2007.
"We live in a world where the risk of nuclear weapons being used is greater than it has been for a long time," said Berit Reiss-Andersen, the leader of the Norwegian Nobel Committee.
In July, 122 nations adopted a U.N. Treaty on the Prohibition of Nuclear Weapons, but nuclear-armed states including the United States, Russia, China, Britain and France stayed out of the talks.
The Nobel prize seeks to bolster the case of disarmament amid nuclear tensions between the United States and North Korea and uncertainty over the fate of a 2015 deal between Iran and major powers to limit Tehran's nuclear programme.
U.S. President Donald Trump has called the Iran agreement the "worst deal ever negotiated" and a senior administration official said Thursday that Trump is expected to announce soon that he will decertify the landmark pact.