President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Elon Musk's controversial tweets about one of the Thai youth soccer team rescuers may have him in legal hot water.
Vernon Unsworth, a British cave explorer who was assisting in the rescue of a Thai youth soccer team trapped in a cave in July, is preparing a civil complaint for libel against Musk, according to a letter to Musk from Unsworth's attorney sent to CNBC. The letter is dated Aug. 6.
Musk blasted Unsworth on Twitter, calling him a "pedo guy" among other disparaging words, after Unsworth criticized his mini-submarine plan to help rescue the trapped team. The cave explorer told CNN in July that the mini-submarine Musk was constructing "had absolutely no chance of working."
The Tesla and SpaceX CEO apologized, but brought up the controversy again Tuesday by tweeting "it's strange he hasn't sued me? He was offered free legal services."
Unsworth's attorney called Musk's tweets "false and defamatory" in the letter. He called on Musk's legal counsel to contact him in order to avoid litigation and to correct the allegedly false statements.
Tesla was not immediately available for comment.