The Dow Jones Industrial Average rose slightly on Tuesday, erasing earlier losses as Home Depot shares jumped on strong earnings.US Marketsread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
The FDIC on Tuesday voted to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
"The hawks on the Fed are going to be gunning for no more rate cuts, which is obviously not what the market wants," says CNBC's Jim Cramer.Marketsread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
At least three children held in detention centers at the Mexican border have died, in part, from the flu, a group of doctors say.Health and Scienceread more
The report was conducted by Senator Jon Kyl, R-AZ, and a team of lawyers who interviewed conservatives who use ans study Facebook.Technologyread more
The prospect of increased regulation is coming back to haunt Big Tech, and one FAANG stock looks especially vulnerable to downside.Trading Nationread more
Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
U.S. interest rates will keep falling and follow global interest rates all the way down to zero, hedge fund manager Kyle Bass said.Marketsread more
“In the West you have the notion that if somebody hits you on the left cheek, you turn the other cheek,” Xi said in the report, according to people briefed on his remarks. “In our culture, we punch back.”
Trade tensions between the U.S. and China have escalated in the last several weeks with the Trump administration's planned tariffs on $50 billion worth of Chinese imports and Beijing's announcement of counter-duties. Last Monday, President Donald Trump said he asked the U.S. trade representative to identify an additional $200 billion worth of Chinese goods for a 10 percent tariff.
Xi was speaking Thursday to the Global CEO Council, a China-organized group of roughly 20 chief executives from mostly Western multinational companies such as Goldman Sachs and Volkswagen, the Journal said. The council has previously met with Premier Li Keqiang instead of Xi, the report said.
“China is not going to yield to outside pressure and eat the bitter fruit,” an unnamed senior official said in the Journal report. “That’s the negotiation principle set by President Xi.”