President Trump stands a chance of creating a new economic world order in his China trade fight, says the chief economic advisor of Allianz.Economyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
A sell-off in chip stocks intensified following a report that chipmakers are cutting ties with Huawei after the Trump administration's ban.Marketsread more
Ford Motor said Monday that it is laying off about 7,000 salaried workers, about 10% of that global workforce, as part of a restructuring plan designed to save the No. 2...Autosread more
Google announced Google Glass Enterprise Edition 2 on Monday, a new set of smart glasses that's catered toward businesses and costs $999. Google has focused on business use...Technologyread more
More than 170 shoe retailers, including Nike, Under Armour, Adidas, Foot Locker, Ugg and Off Broadway Shoe Warehouse, have penned a letter to the White House asking President...Retailread more
Microsoft on Monday announced new moderation for its Xbox platform in an effort to cut down on toxic content and to make gaming safer for everyone.Technologyread more
Before the winner would even get a dime, more than $54 million would be withheld for federal taxes. Much more would likely be due at tax time.Personal Financeread more
People investing in some technology stocks should not expect them to go up anytime soon, warns the "Mad Money" host.Investingread more
The finalists from the Council for Economic Education's National Economics Challenge will put their problem-solving skills to the test Monday in a high school economics...US Economyread more
The meeting, which comes after more than five years of missile tests and threats from North Korean leader Kim Jong Un, embodied a strikingly different tone as the leaders discussed prospects for peace.
Recent weeks have seen a distinct softening in tone from the government of the northern rogue state, which has been under international sanctions for years over its ballistic missile tests, nuclear weapons development and human rights abuses. An opening of bilateral relations and denuclearization of the Korean Peninsula were the primary topics at hand.
The presidents can be seen smiling and walking together, ahead of talks during which South Korea's President Moon Jae-In hoped to convince Kim "to adopt a joint statement on the denuclearization of North Korea," according to one of Moon's advisors. Moon was elected president in 2017 on a promise of improving relations with the North, which have been hostile since the Korean War that began in 1950 and saw well over 1 million people killed.
North and South Korea have technically still been at war since then, as cessation of fighting was only enabled by an armistice signed in 1953 rather than a peace agreement.
"We are at a starting line today, where a new history of peace, prosperity and inter-Korean relations is being written," Kim said before the two Korean leaders and top aides began talks at the border truce village of Panmunjom.
But while denuclearization is a priority for South Korea and the West and Kim has recently expressed openness to discussing it, its success is far from guaranteed.