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A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
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"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
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At McDonald's annual shareholder meeting Thursday, executives said that the company is still monitoring plant-based meat substitutes.Restaurantsread more
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U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
The Trump administration is asking the Supreme Court to fast-track cases on the president's decision to prevent certain transgender people from serving in the military.
Lower courts had blocked the administration from implementing the policy. The administration asked the court on Friday to take up three cases on the issue.
Trump announced the ban on Twitter in July 2017.
In August 2017, Trump signed a memo directing the military not to accept transgender recruits and to stop using government money for sex-reassignment procedures, according to Reuters. A White House official did not specify whether transgender people who are currently active in the military could continue to serve.
A three-judge panel of the 9th U.S. Circuit Court of Appeals heard arguments in one of the cases in October but hasn't ruled.
The administration had warned that it would ask the high court to step in if the appeals court didn't rule before Friday. The administration wants the Supreme Court to be able to rule on the issue before the summer.
The justices don't typically take cases before federal appeals courts rule on them.
In 2016, then-Secretary of Defense Ash Carter ended the ban on transgender people serving in the military. The RAND Corporation estimated there are 1,320 to 6,630 transgender people in active military service in a 2016 report.