The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain...Technologyread more
Valisure, an online pharmacy company, told the FDA that high levels of dimethylformamide were found in valsartan, a drug produced by Swiss drugmaker Novartis and other...Health and Scienceread more
Sen. Lindsey Graham did not deny Friday that President Donald Trump called certain nations "s---hole" countries, adding that he "said [his] piece" in response to the president's "comments" at a meeting with lawmakers.
The South Carolina Republican did not rebut an account from Sen. Dick Durbin, D-Ill., of a Thursday meeting on bipartisan immigration legislation that both attended. On Friday, Durbin said that Trump "repeatedly" said "hate-filled things" at the meeting and called African nations "s---hole" countries.
Durbin added that Graham spoke up in response to Trump's comments and said it took courage to do so.
"I appreciate Senator Durbin's statements and have enjoyed working with him and many others on this important issue," Graham said in a statement. "I believe it is vitally important to come to a bipartisan solution to the immigration and border challenges we face today. I am committed to working with Republicans and Democrats to find common ground so we can move forward."
Trump's comments added uncertainty to already contentious talks about legislation to shield hundreds of thousands of young immigrants from deportation and boost border security measures. They sparked bipartisan backlash to the president, with many lawmakers calling them un-American or unhelpful.
Graham — one of the most notable Republican advocates for both hawkish national security positions and protections for young undocumented immigrants — had recently backed off criticism of Trump as he pushed for his policy goals.
Two other GOP Trump allies who attended the meeting — Sens. Tom Cotton, R-Ark., and David Perdue, R-Ga. – said Friday that they "do not recall" Trump "saying these comments specifically."
In a tweet Friday morning, Trump said he used "tough" language at the meeting.
"But this was not the language I used," he added, apparently referencing the report of him saying "s---hole."
Trump also denied saying "anything derogatory" about Haitians.
Here's Graham's full statement on Thursday's meeting:
"Yesterday Senator Durbin and I met with President Trump at the White House to discuss our bipartisan proposal on border security and immigration.
"Following comments by the President, I said my piece directly to him yesterday. The President and all those attending the meeting know what I said and how I feel. I've always believed that America is an idea, not defined by its people but by its ideals.
"The American ideal is embraced by people all over the globe. It was best said a long time ago, E Pluribus Unum – Out of Many, One. Diversity has always been our strength, not our weakness. In reforming immigration we cannot lose these American Ideals.
"The American people will ultimately judge us on the outcome we achieve, not the process which led to it.
"I know the bipartisan proposal discussed at the White House can get a lot of support from both sides. As always, I look forward to considering additional ideas that could make the proposal even better.
"I appreciate Senator Durbin's statements and have enjoyed working with him and many others on this important issue. I believe it is vitally important to come to a bipartisan solution to the immigration and border challenges we face today. I am committed to working with Republicans and Democrats to find common ground so we can move forward."