The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Federal prosecutors in New York have filed their sentencing memo for President Donald Trump's former personal attorney Michael Cohen.
Here are the key takeaways from the filing:
Minutes after the New York prosecutors filed their memo, the special counsel released his own sentencing submission, in which Mueller said he was not taking a position on what sentence Cohen should receive.
Cohen, 52, last week pleaded guilty to lying to Congress about an aborted proposal to build a Trump Tower development in Moscow.
Cohen's admission to that new charge lodged by Mueller was the second time this year he has pleaded guilty in U.S. District Court in Manhattan.
In August, Cohen appeared there before Judge William Pauley to admit guilt on eight criminal counts including tax fraud, excessive campaign contributions, making false statements to a financial institution and unlawful corporate contributions.
That first case was filed by the U.S. Attorney's Office for the Southern District of New York.
Pauley had ordered both Mueller's team and the Manhattan-based federal prosecutors to file their separate sentencing submissions by 5 p.m. ET on Friday.
Cohen's attorneys submitted their own sentencing recommendation the day after Cohen's most recent plea. They asked Pauley to sentence Cohen to no time in prison, citing his ongoing cooperation with Mueller's investigation, and probes by other authorities.
Cooperating with the special counsel's probe appears to be paying off for Michael Flynn, Trump's former national security advisor who pleaded guilty in December 2017 to lying to the FBI. Flynn had misled investigators about his conversations with Russia's ambassador to the U.S. during the 2016 presidential transition period.
In a heavily redacted court document filed Tuesday night, Mueller recommended a light sentence for Flynn, citing the "substantial assistance" he provided to investigators over 19 interviews.
Read the full sentencing memo from New York federal prosecutors below: