The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
President Trump will sell a new message for tax reform in Pennsylvania tonight. He is expected to talk imposing a one-time low tax on money parked overseas and argue the average American family will get a pay raise. (CNBC)
*President Trump's fight with GOP leaders threatens tax reform (CNBC)
The U.S. is set to request new NAFTA rules which would lay out stricter standards in order for manufactured goods to be treated as duty free, sources told CNBC. The sources said the U.S. wants 85 percent of content to come from the U.S., Mexico and Canada.
*Trump's preferred way to judge trade deals is flawed (CNBC)
*US trade deal with Canada, Mexico on 'thin ice' as new round of talks begin (CNBC)
Wildfires raging across Northern California's wine country have killed 15 people, left about 150 missing and destroyed 1,500 homes, wineries, and other structures, officials said. The flames have blackened more than 115,000 acres since fires broke out Sunday. (Reuters)
*Apocalyptic images from the deadly fires in Northern California (CNBC)
President Trump has asked Congress for a loan of $4.9 billion to help the cash-strapped Puerto Rican government pay urgent bills as the U.S. territory struggles to recover from Hurricane Maria, an administration official said. (Reuters)
The U.S. military flew two Air Force B-1B Lancer bombers over the Korean Peninsula in a show of force late on Tuesday amid high tensions over North Korea's nuclear and missile programs, South Korea's military said. (Reuters)
Hillary Clinton said she is "shocked and appalled" by sexual assault and harassment allegations against movie mogul-Democratic donor Harvey Weinstein. Clinton did not say whether her campaign would donate contributions she had received from Weinstein. (CNBC)
*More women accuse Harvey Weinstein of sexual misconduct (WSJ)
Spanish Prime Minister Mariano Rajoy has said the government has agreed to formally ask regional authorities in Catalonia whether it had declared independence or not, after an ambiguous statement from Catalan President Carles Puigdement. (CNBC)
Chinese e-commerce giant Alibaba (BABA) says it will invest more than $15 billion over the next three years into a global research and development program to increase collaboration and develop new technologies. (CNBC)
Equifax's (EFX) massive data breach compromised driver's license data for about 10.9 million Americans, according to the Wall Street Journal, citing people familiar with the matter.
Ola, Uber's fiercest rival in India, has raised $1.1 billion from investors including Chinese internet giant Tencent and Japan's SoftBank. The funding will give the ride-hailing service firepower to continue fighting Uber in one of the world's largest mobile markets. (CNBC)
Dow Jones Newswires sent several fake headlines shortly after the market opened for trading Tuesday because of a "technical error." The headlines included one that said Google was acquiring Apple for $9 billion. (CNBC)
A Morgan Stanley analyst wrote a note saying Amazon's (AMZN) private label business could add $1 billion annually to the bottom line by 2019.
Molina Healthcare (MOH) appointed former Aetna executive Joseph Zubretsky as president and chief executive officer, effective November 6. CFO Joseph White had been serving as interim CEO of the health insurer following the dismissal in May of Mario Molina as well as CFO John Molina.
Allergan's (AGN) recent patent deal with a Native American tribe is drawing the ire of health insurers, hospitals, and generic drug makers. CNBC's Meg Tirrell reports that a coalition made up of those groups have asked Congress to examine the deal, calling it a brazen attempt to circumvent U.S. law. Allergan had maintained that the move was a way to protect its intellectual property from "unfair challenges."
Time Inc. (TIME) is cutting back on both the circulation and frequency of its well-known magazines, including Time, Sports Illustrated, Entertainment Weekly, and Fortune as part of a cost-cutting and restructuring program.
Symantec (SYMC) has stopped letting governments review software source code. The cybersecurity firm's CEO, Greg Clark, told Reuters that allowing such scrutiny compromises the security of the company's products.
Micron Technology (MU) shares are under pressure after the chip maker announced plans for a $1 billion secondary stock offering. Micron plans to use the proceeds to pay down its debt.
Twenty-eight years after the U.S. ended a four-decade World Cup absence with a stunning victory at Trinidad, the Americans' chances for the 2018 tournament in Russia ended on this island nation off the coast of Venezuela in even more astonishing fashion. (AP)