Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
President Trump announced fresh sanctions on the Islamic Republic on Monday, following the downing of an unmanned American drone last week.Politicsread more
North Korea on Tuesday fired a missile that traveled about 1,000 kilometers before crashing into the Sea of Japan, the Pentagon said in a statement.
The Department of Defense said that initial assessments indicated the missile was an intercontinental ballistic missile, or ICBM. In a news conference, Japan's Defense minister also said it seemed to be an ICBM.
The missile went higher than any shot North Korea had previously taken, according to Defense Secretary James Mattis.
Japanese Prime Minister Shinzo Abe ordered an emergency meeting of Cabinet ministers following the launch, North Korea's first since Sept. 15, when one flew over northern Japan and into the Pacific Ocean.
"A missile was launched from North Korea which appears to have landed within Japan's exclusive economic zone," Abe's office tweeted. "As soon as new information comes in, we will let you know."
The exclusive economic zone is a legal designation established by the United Nations Law of the Sea.
The South Korean military conducted a "precision missile-firing drill" as a response to the launch, a South Korean military official told NBC.
President Donald Trump was briefed on the situation while the missile was in the air, the White House said in a statement.
"It is a situation that we will handle," he said to reporters Tuesday.
"We are working with our interagency partners on a more detailed assessment of the launch," a Pentagon spokesman said. "The North American Aerospace Defense Command (NORAD) determined the missile launch from North Korea did not pose a threat to North America, our territories or our allies."
"Our commitment to the defense of our allies, including the Republic of Korea and Japan, in the face of these threats, remains ironclad," he added. "We remain prepared to defend ourselves and our allies from any attack or provocation."
U.N. Security Council President Sebastiano Cardi said he has been in contact with key UN members, but no request has been made yet for a meeting. He said he is scheduled to brief the Security Council on Wednesday.
NATO Secretary-General Jens Stoltenberg strongly condemned the missile test.
"North Korea needs to re-engage in a credible and meaningful dialogue with the international community," he said.
The missile was fired from Sain Ni, North Korea, the Pentagon said.
South Korea and the United States are analyzing the details of the launch, South Korea's Joint Chiefs of Staff told the South Korean news agency Yonhap.
Earlier on Tuesday Reuters reported that U.S. government experts believed the regime was likely to launch a missile "within days."
The launch comes on the heels of Trump's Nov. 20 announcement that the U.S. is designating North Korea as a state sponsor of terrorism.
Trump said on Tuesday that the launch does not change the U.S. approach to North Korea.
Reuters and the Associated Press contributed to this article.
This story is developing. Please check back for updates.