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
The Senate Judiciary Committee has asked Supreme Court nominee Brett Kavanaugh about another allegation of misconduct, according to redacted transcripts of phone conversations between committee staffers and Kavanaugh made available by the committee Wednesday evening.
The allegation was made in a letter sent to Sen. Cory Gardner, R-Co. on Sept. 22. According to the unnamed author of the letter, Kavanaugh drunkenly slammed a woman against a wall outside a bar in Washington D.C. in 1998. Kavanaugh had been out for the evening with the daughter of the woman who wrote the complaint as well as several friends.
"Her friend was dating him, and they left the bar under the influence of alcohol. They were all shocked when Brett Kavanaugh, shoved her friend up against the wall very aggressively and sexually," the letter said. The letter said at least four witnesses were present, though it did not provide any names.
Kavanaugh denied the allegation during the phone call, saying "no" when asked if the events described in the letter ever occurred.
"It's ridiculous. Total twilight zone. And no, I've never done anything like that," Kavanaugh said.
The embattled federal appeals court judge is facing down three other accusers who allege that he sexually abused them decades ago. The allegations have thrust Kavanaugh's Senate confirmation vote, once assured, into uncertainty.
Notably, all of the allegations involve heavy drinking, though the latest is said to have occurred more than a decade later than the others. While Kavanaugh's other accusers allege misconduct from Kavanaugh's high school and early college years, by 1997, and into 1998, Kavanaugh was a partner at Kirkland & Ellis, a respected D.C. law firm. Kavanaugh was also a lawyer working on independent counsel Kenneth Starr's team investigating President Bill Clinton during a period in 1998.
He has denied all the allegations, saying that they are "smears." He will tell the Judiciary Committee Thursday that he has been subject to "grotesque and obvious character assassination," according to his prepared remarks released Wednesday.
The White House, Gardner, and an attorney for Kavanaugh did not immediately respond to a request for comment from CNBC about the latest allegation.