The U.S. and China have restarted their trade talks, but signs are showing a deal could be even harder to reach now.Marketsread more
The speech comes as market participants are strongly anticipating a rate cut at the July 30-31 Federal Open Market Committee policy meeting.The Fedread more
Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.Financeread more
The Dow slipped from a record high set earlier in the day after President Trump cast doubt on the trade progress between China and the U.S.US Marketsread more
Facebook's David Marcus said at a Senate hearing Tuesday that U.S. sanctions could be at risk without financial services innovation.Technologyread more
Goldman Sachs' transition from the bank of choice for millionaires to a more inclusive, consumer friendly shop isn't cheap.Financeread more
"Look, this is a court that's ruled it's constitutional twice," Biden said. "We'll see. I'm not going to go down that route and speculate what's going to happen in a negative...2020 Electionsread more
KeyCorp says in a filing the fraud involves a "business customer" and was discovered "on or about" July 9.Banksread more
These are the stocks posting the largest moves midday.Market Insiderread more
The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital...Retailread more
Former National Security Advisor Michael Flynn is reportedly prepared to testify that President Donald Trump and Trump transition officials directed him to make contact with Russians, according to ABC News.
Citing a Flynn "confidant," ABC News' Brian Ross reported that Flynn has "promised full cooperation" with special counsel Robert Mueller, and he is "prepared to testify against President Trump, against members of the Trump family and others in the White House. He is prepared to testify that President Trump, as a candidate, Donald Trump, ordered and directed him to make contact with the Russians, which contradicts all that Donald Trump has said at this point."
ABC later corrected the report, saying that the order came when Trump was president-elect, not while he was a candidate. ABC also said that Flynn will say Trump asked him to make contact with Russia "initially as a way to work together to fight ISIS in Syria. "
Flynn pleaded guilty in federal court on Friday to making false statements to the FBI, a felony. The guilty plea is part of an agreement Flynn made with the special counsel's office, which is investigating Russian meddling in the 2016 presidential election.
Prosecutors also released Flynn's Statement of Offense, which detailed how Trump transition officials directed Flynn to reach out to Russian officials and officials from other countries during the presidential transition.
In a statement, Flynn said, "my guilty plea and agreement to cooperate with the Special Counsel's Office reflect a decision I made in the best interests of my family and of our country."
ABC reported that Flynn made the decision to cooperate with Mueller only in the past 24 hours, as he faced mounting legal bills and intense pressure from prosecutors. "He is distraught about the decision, but feels he is doing the right thing for his country."
Correction: A previous version incorrectly attributed to The Associated Press that Trump ordered Flynn to contact Russians. It also included incorrect ABC reporting that Trump had ordered Flynn to contact Russians during the presidential campaign.