Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
Markets in Australia and Japan looked set to open slightly lower as investors worried over trade tensions between the U.S. and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
British Prime Minister Theresa May said Monday that preparations for a "no deal" Brexit would be stepped up, and that Parliament should prepare for a number of different outcomes.
The comments from the U.K. leader followed the abrupt resignation Monday of a key member of May's Cabinet, Foreign Secretary Boris Johnson. David Davis, the minister directly charged with handling Britain's exit from the European Union, resigned hours before.
May's critics seized on the dual departures to chastise May's handling of Brexit, and to suggest that her government is ill-suited to facilitate the complex disentanglement of two of the world's major economies.
The pound, which had erased its earlier gains against the dollar following Johnson's resignation, fell further after May's Brexit comments.
May and European Union leaders have been reluctant to address the possibility of the E.U. and the U.K. failing to reach an agreement on Britain's departure from the E.U. Failure to reach a deal could imperil the E.U.'s budget, as well as the rights of citizens in the U.K. and E.U. to live and travel away from home.
On Friday, May secured a victory over the fiercest euroskeptics in her Cabinet. May's government signed off on a plan for a so-called soft Brexit that would preserve many of the trade and regulatory ties between the E.U. and the U.K.
In a post Monday on Twitter, European Council President Donald Tusk said that, while politicians such as Johnson and Davis come and go, "the problems they have created for people remain."
"I can only regret that the idea of #Brexit has not left with Davis and Johnson. But...who knows," he wrote.
Tusk has argued in favor of a deal, saying the failure to reach an agreement would impact all Europeans. But he has argued that the worst consequences of a no deal scenario would fall on the British.