"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead more
U.S. stock index futures turned lower after China said it needed to have further discussions before it would sign off on the so-called phase one trade deal President Trump...US Marketsread more
Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
U.S. stock futures turn lower after word that China wants more talks before signing the "phase one" trade deal.Marketsread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for their work in fighting global poverty, the Royal Swedish Academy of...World Newsread more
Boeing's board removed CEO Dennis Muilenburg as chairman amid the fall out of two 737 Max crashes that killed 346 people.Aerospace & Defenseread more
The U.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread more
Beijing will be opening up its financial industry to foreign ownership from January, namely in the areas of futures, mutual funds and securities.China Economyread more
[The stream is slated to start at 10 am ET. Please refresh the page if you do not see a player above at that time.]
Federal Reserve Chairman Jerome Powell delivers his semiannual testimony to Congress this week, with an appearance Tuesday in the Senate and Wednesday in the House of Representatives.
Among the topics he likely will address: The central bank's plans to continue raising interest rates, his views on the global trade war and how it might affect monetary policy, and the Fed's general outlook on inflation and the economy.
He also could be questioned about the progress the Fed has made in unwinding its balance sheet, a $4.3 trillion portfolio of bonds the bank accumulated during its efforts to stimulate the economy. However, he is not expected to provide a specific timetable about when the Fed will halt the reduction of the balance sheet, a process that began in October by allowing a set level of proceeds to run off each month.