Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Mark Zuckerberg declined an invitation to testify before U.K. officials, but he's agreed to meet with the EU Parliament as soon as next week.
"The Conference of Presidents has agreed that Mark Zuckerberg should come to clarify issues related to the use of personal data in a meeting with representatives of the European Parliament," Antonio Tajani, president of the European Parliament, said in a statement. "The founder and CEO of Facebook has accepted our invitation and will be in Brussels as soon as possible, hopefully already next week. "
EU officials have issued some of the strictest regulation on Silicon Valley in recent months, most notably the General Data Protection Regulation, or GDPR, that is requiring major tech companies like Facebook, Twitter and Google to significantly adjust privacy policies.
"Our citizens deserve a full and detailed explanation," Tajani said. "Web giants must be responsible for the content they publish."
Facebook is facing governmental probes from regulators around the world in the wake of reports that research firm Cambridge Analytica improperly gained access to the sensitive information of as many as 87 million Facebook users.
A spokesperson for Facebook confirmed Zuckerberg accepted the invitation to meet.
"[We] appreciate the opportunity for dialogue, to listen to their views and show the steps we are taking to better protect people's privacy," the spokesperson said.
Here's Tajani's full statement: