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
Closely followed trader Art Cashin said Monday that he's "quite doubtful" of the number of interest rate hikes the Federal Reserve has projected for 2019.
A rate hike in December is still "locked in," the UBS director of floor operations at the New York Stock Exchange predicted in a "Squawk on the Street" interview. He argued the Fed will want to avoid appearing "bullied" by President Donald Trump, who has been critical of the central bank's policies under Fed Chairman Jerome Powell.
The target range for the central bank's benchmark federal funds rate, which banks charge each other for overnight lending, stands at 2 percent to 2.25 percent. After its most recent hike, in September, the Fed projected three rate increases for next year. The Fed has already raised rates three times this year, and Wall Street expects another in December.
Stocks surged last week after Powell appeared to walk back comments on Oct. 3 that rates were a long way from so-called neutral. In a speech Wednesday, Powell said rates are "just below" neutral, perhaps indicting that concerns about a more aggressive path higher for rates may no longer be warranted. The had its best week in seven years.
Cashin also said market gains could be capped Monday due to "lack of clarity" on trade following President Donald Trump and Chinese Xi Jinping's agreement over the weekend to halt new tariffs for a 90-day period while talks continue.