"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
U.S. stock index futures turned lower after China said it needed to have further discussions before it would sign off on the so-called phase one trade deal President Trump...US Marketsread more
Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
Boeing's board removed CEO Dennis Muilenburg as chairman amid the fall out of two 737 Max crashes that killed 346 people.Aerospace & Defenseread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
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Jerome Powell will give his first news conference as chairman of the Federal Reserve on Wednesday. He took the top position at the central bank in February.
In addition to looking for a rate increase from the policymaking Federal Open Market Committee, investors were expecting Powell to address the future of Fed policymaking.
Prior to this week's two-day meeting, the FOMC had increased its benchmark interest rate five times since December 2015. The Fed had held the rate near zero for seven years as it looked to spark a housing rebound and push investors toward riskier assets like stock and corporate bonds.
Ahead of Wednesday's announcement, markets widely expected the Fed to increase rates three times this year, but there has also been about a 40 percent probability priced in for a fourth move.
The news conference comes amid heightened expectations for economic growth. Though GDP is expected to increase only about 2 percent in the first quarter, economists are looking for that to accelerate through the year.
Get ready to hear a lot more from Fed Chairman Jerome Powell than his predecessors
Forecasts see economic growth possibly below 2 percent to start the year
The Fed's rate hike is all but baked into the market. Here's what could surprise investors
Job growth just had another huge month, but wages were weak
Fed's Kaplan: Rate hikes are necessary as the US nears full employment