The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
China should and will take military action if the U.S. decides to press ahead with legislation designed to encourage high-level contact with Taiwanese officials, according to a report by state media outlet The Global Times.
The legislation, known as the Taiwan Travel Act, came into effect Friday after President Donald Trump signed the bill. China was reportedly angered by the move, as it has long-viewed the self-ruled island as a wayward province.
The Global Times, considered a provocative but widely-read mouthpiece for Beijing, quoted Chinese observers who said the country would have no choice but to respond with "counter moves" if the U.S. were to make any moves to elevate its relations with the island. Liu Weidong, a research fellow at the Institute of American Studies of Chinese Academy of Social Sciences, said the Chinese army would resume its military probes circling the island and send more military vessels and airplanes if any "Taiwan independence" secessionist forces perceive the U.S bill as a pro-independence signal.
The U.S. legislation comes at a time when Trump has recently imposed trade tariffs, has urged China to reduce its massive trade imbalance with the U.S. and has frequently called on Beijing to help resolve tensions with North Korea.
In response to the bill, China said Saturday that it "firmly opposes" the move and demanded the U.S. "correct its mistake," according to the Chinese Foreign Ministry's website.