Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
President Donald Trump spoke in support of Paul Manafort after the former Trump former campaign chief was convicted of fraud charges, but the president was silent about the guilty plea of his former lawyer and fixer, Michael Cohen.
"Paul Manafort is a good man. ... It doesn't involve me but it's a very sad thing. ... It had nothing to do with Russian collusion," Trump told reporters Tuesday during a campaign trip to West Virginia.
Trump pointedly ignored any mention of Cohen, who indirectly implicated Trump in two counts of felony campaign finance violations.
Cohen pleaded guilty to eight felonies in federal court for the Southern District of New York, marking the end of a monthslong saga that burst into public view in early April, when FBI agents raided the attorney's home, office and hotel room, and seized hundreds of thousands of files.
At nearly the same time on Tuesday afternoon, a jury convicted Manafort of eight of 18 counts in a case handled by special counsel Robert Mueller in Alexandria, Virginia.
The legal blows against Trump's former associates landed right before the president was scheduled to whip up a crowd of supporters in a campaign-style rally in West Virginia.
It was unclear Tuesday afternoon what the next steps would be for the president and his legal team, currently led by Trump's longtime friend, former New York Mayor Rudy Giuliani.
In a statement, Giuliani said there was "no allegation of any wrongdoing against the President in the government's charges against Mr. Cohen."
Giuliani added: "It is clear that, as the prosecutor noted, Mr. Cohen's actions reflect a pattern of lies and dishonesty over a significant period of time."
Indeed, Trump's name was not used in the lower Manhattan courtroom during Tuesday's hearing. Cohen instead made references to an unidentified "candidate," at whose direction Cohen said he paid two women for the purpose of influencing the presidential election.
But Cohen's lawyer, Lanny Davis, had no reservations about calling out Trump by name in a statement following Cohen's appearance in court.
"This is Michael fulfilling his promise made on July 2nd to put his family and country first and tell the truth about Donald Trump," said Davis, who served in President Bill Clinton's White House. "Today he stood up and testified under oath that Donald Trump directed him to commit a crime by making payments to two women for the principal purpose of influencing an election."
Davis even appeared to accuse Trump of being guilty of some of the same crimes Cohen admitted to. "If those payments were a crime for Michael Cohen," Davis asked, "then why wouldn't they be a crime for Donald Trump?"