Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
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President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
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The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The dollar fell on Friday following a speech from Federal Reserve Chair Jerome Powell and after President Donald Trump ordered U.S. companies to find alternatives to their...Currenciesread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
The recession obsession has captivated Wall Street, and experts are seeking stocks that can shield investors from the potential pain.Trading Nationread more
U.S. government debt yields varied on Monday, as investors grew worried the GOP tax plan may not be finalized before year's end.
The yield on the benchmark 10-year Treasury note sat lower at around 2.398 percent at 1:58 p.m. ET, while the yield on the 30-year Treasury bond was down at 2.861 percent. Bond yields move inversely to prices.
Wall Street has grown more skeptical on Republican effort to overhaul the tax code and introduce new tax cuts, a critical issue for party leaders and President Donald Trump.
But there are are also worries a corporate tax cut — a key component of the plan — could be delayed until 2019. The concerns have festered ever since the Senate unveiled its own tax reform bill, which seeks to stall the cut at least another year; the House bill would slash the corporate rate immediately.
The House is set to vote on its bill later in the week.
On the data front, the monthly treasury statement is due to be released at 2 p.m. ET.
In the political sphere, U.S. President Donald Trump is in the Philippines as part of his ongoing trip in Asia.
On Monday, Trump told reporters that he'd made "some very big steps with respect to trade," adding that the White House would deliver a statement on North Korea and trade on Wednesday, according to Reuters.