Even with better economic data, the market is betting the Fed will cut rates by 50 basis points in July, after dovish comments from two Fed officials.Market Insiderread more
Iran on Friday denied President Donald Trump's assertion that the U.S. Navy has destroyed one of its drones, saying all of its unmanned planes were safe.Politicsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Market researcher James Bianco believes it's crucial to get a half point cut at the next Federal Reserve meeting.Trading Nationread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
President Trump said he's looking at the JEDI contract that will be awarded to Microsoft or Amazon.Technologyread more
Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
President Donald Trump upped the ante in his attacks on the media early Sunday, unleashing a new broadside against journalists as "dangerous and sick," and dividing the electorate.
In a stream of posts on Twitter, the president continued to harangue the press as the "enemy of the people" and said it "can also cause war." It came on the heels of a controversy stoked last week, when Trump revealed that he secretly met with the publisher of the New York Times in an off-the-record discussion.
The Fake News hates me saying that they are the Enemy of the People only because they know it’s TRUE. I am providing a great service by explaining this to the American People. They purposely cause great division & distrust. They can also cause War! They are very dangerous & sick!— Donald J. Trump (@realDonaldTrump) August 5, 2018
At rallies and on Twitter, the president often delights in blasting "fake news" as a destabilizing force in his presidency, with CNN, The Washington Post and The Times being the most regular targets of his ire. Yet Sunday's remarks come at a time when even a few conservative commentators have urged him to dial back his anti-press rhetoric.
On Saturday, right-leaning NYT columnist Bret Stephens penned an emotional piece entitled "Trump Will Have Blood on His Hands," which took aim at Trump's heated diatribes directed at the media.
Describing several instances when Trump supporters have threatened him, Stephens wrote that "the president is not coyly urging his supporters to murder reporters, like Henry II trying to rid himself of a turbulent priest. But neither is he the child who played with a loaded gun and knew not what he did."
Last week, Trump revealed that he had met secretly with A.G. Sulzberger, the publisher of The New York Times.
Trump called the interaction "very good and interesting," but that description was disputed by Sulzberger. While the president did not state when he met with Sulzberger, he tweeted that the two parties discussed "the vast amounts of fake news, and how that fake news has morphed into phrase, 'enemy of the people.'"
Sulzberger said he expressed concern about Trump's "deeply troubling anti-press rhetoric," and that it was "eroding" the U.S. commitment to free speech and an unrestrained press.