Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
Ministry spokesman Lu Kang said that the claims were not true while speaking at a daily news briefing about the ongoing trade talks between the world's two largest economies, according to Reuters.
Various news outlets, citing anonymous sources, reported Thursday that China offered to meet President Donald Trump's demand of the trade surplus cut, which included increased purchases of American goods.
"This rumor is not true. This I can confirm to you," the spokesman told the press. "As I understand, the relevant consultations are ongoing and they are constructive," he added, without going into further detail.
Chinese Vice Premier Liu He is in Washington with a delegation this week for talks with Trump administration officials aimed at easing trade tensions between Beijing and the White House. The negotiations, led by U.S. Treasury Secretary Steven Mnuchin, follow a separate round of meetings in Beijing earlier this month.
Trump has long criticized China's widening trade surplus with the U.S., and in March set off a trade spat by proposing import tariffs on a number of Chinese goods. The move sparked a tit-for-tat dispute with a series of threats from each country that proposed hundreds of billions of dollars worth of tariffs on each other's goods. This triggered fears of a global trade war.
China's trade deficit with the U.S. in 2017 was $375 billion, during which U.S. imports from China were $506 billion while its exports to China were only $130 billion, according to the U.S. Census Bureau.