Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
In a private call with Morgan Stanley clients on Wednesday, research analyst Adam Jones, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or...Technologyread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
"Target's gutsy decision to make its stores the centerpiece of its fulfillment system has turned out to be a brilliant move," Jim Cramer says.Mad Money with Jim Cramerread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
Talk about 5G is everywhere right now, from the trade war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
Stocks that would benefit from a federal infrastructure spending program fell after President Trump ended a meeting on infrastructure spending with Democratic leaders.Market Insiderread more
Spain apologized Friday for a violent police crackdown on Catalonia's independence referendum, in a conciliatory gesture as both sides looked for a way out of the nation's worst political crisis since it became a democracy four decades ago.
Spain's representative in northeast Catalonia, which accounts for a fifth of the national economy, made the apology just as Catalonia's secessionist leader appeared to inch away from a plan to declare independence as early as Monday.
"When I see these images, and more so when I know people have been hit, pushed and even one person who was hospitalized, I can't help but regret it and apologize on behalf of the officers that intervened," Enric Millo said in a television interview.
Spanish police used batons and rubber bullets to stop people voting in Sunday's referendum, which Madrid had banned as unconstitutional. The scenes brought worldwide condemnation and fanned separatist feeling but failed to prevent what the Catalan government described as an overwhelming yes vote.
Moments earlier, a Catalan parliament spokeswoman said the regional government's leader, Carles Puigdemont, had asked to address lawmakers on Tuesday, in timing that appeared at odds with earlier plans to move an independence motion on Monday.
Puigdemont wanted to speak on the "political situation".
The softer tone contrasted with remarks earlier on Friday from Catalonia's head of foreign affairs who told BBC radio it would go ahead with an independence debate in the regional parliament.
Spanish Prime Minister Mariano Rajoy has offered all-party political talks to find a solution, opening the door to a deal giving Catalonia more autonomy.
But he has ruled out independence and rejected a Catalan proposal for international mediation.
The stakes are high for the euro zone's fourth-largest economy. Catalonia is the source of a huge chunk of its tax revenue and hosts multinationals from carmaker Volkswagen to drugs firm AstraZeneca.
Secession could also fuel separatist-nationalist divisions across the rest of Spain, which only this year saw ETA guerrillas in the northern Basque region lay down their arms after a campaign lasting almost half a century.
Spanish ruling-party lawmakers say Rajoy is considering invoking the constitution to dissolve the regional parliament and force fresh Catalan elections if the region's government goes ahead with an independence declaration.
The spokeswoman for Catalan parliament said Puigdemont would speak in the assembly next Tuesday, with parliamentary leaders to meet on Friday at 1:30 p.m. GMT (8:30 a.m. ET) to decide on the exact timing.
The Catalan government's head of foreign affairs, Raul Romeva, told the BBC that the crisis could only be resolved with politics, not via judicial means.
"Every threat, every menace, using the police, using... the Constitutional Court has been useless in trying to (get) people from step back away from their legitimate rights," he said.
His remarks hit Spanish stocks and bonds, including shares in the region's two largest banks, Caixabank and Sabadell. Sabadell decided on Thursday to move its legal base to Alicante. Caixabank, Spain's third-largest lender, will consider on Friday whether to also transfer its legal
base away from Catalonia, a source said.
The court's suspension order further aggravated one of the biggest crises to hit Spain since the establishment of democracy on the 1975 death of General Francisco Franco.
Secessionist Catalan politicians have pledged to unilaterally declare independence at Monday's session after staging an independence referendum last Sunday. Madrid had banned the vote and sought to thwart it by sending in riot police.
In a separate development that could raise tensions, Catalan police chief Josep Lluis Trapero appeared in Spain's High Court on Friday to answer accusations he committed sedition by failing to enforce a court ban on holding the referendum.
Unlike national police, Catalonia's force, the Mossos d'Esquadra, did not use force to prevent people voting. Trapero has emerged as a hero for the pro-independence movement.
Spanish Economy Minister Luis de Guindos told Reuters in an interview Thursday that the turmoil was damaging Catalonia, an industrial and tourism powerhouse that accounts for a fifth of the national economy.
In addition, the central government on Friday passed a law to make it easier for companies to move their operations around the country just as some businesses consider leaving Catalonia, potentially dealing a blow to the region's finances.
Opinion polls conducted before the vote suggest a minority of around 40 percent of residents in Catalonia back independence. But a majority wanted a referendum to be held, and the violent police crackdown angered Catalans across the divide.
Catalan officials released preliminary referendum results showing 90 percent support in favor of breaking away.
But turnout was only about 43 percent as Catalans who favor remaining part of Spain mainly boycotted the ballot.