Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
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Shares of Beyond Meat soared 18% in premarket trading Tuesday, surpassing $200 per share.Food & Beverageread more
The yield on the benchmark 10-year Treasury note fell to its lowest level since September 2017 as the Fed began its two-day policy meeting.Bondsread more
Investors bracing themselves for lower Federal Reserve rates should think about loading up on health care stocks, history shows.Marketsread more
AirDrop is being used by young people to send memes to strangers, which is fun, but it's also being used to send nude pictures to strangers.Technologyread more
Elon Musk has said that a brain-computer interface is 'coming soon,' but he is known for overly ambitious deadlines. Still, some of the boldest tech ideas are going to be...Technology Executive Councilread more
Trump went after Draghi for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.Marketsread more
Private equity billionaire David Rubenstein says he's spoken with U.S. and Chinese officials. "My view is both sides want a deal."Economyread more
President Donald Trump signed a bill to extend government funding for two weeks, putting off a potential government shutdown, the White House said Friday.
The legislation to keep the government open through Dec. 21 will delay a politically pitched fight over the president's proposed border wall. Funding for parts of the government was set to expire Friday. Both chambers of Congress passed the measure Thursday by voice vote.
Congress still needs to fund seven agencies, including the Department of Homeland Security, which has become the biggest hurdle to a spending agreement. Trump seeks $5 billion for his proposed physical barrier on the U.S.-Mexico border. Democrats, on the other hand, appear willing to give only up to $1.6 billion for border security measures such as fencing.
The president will meet with the Democratic congressional leaders, Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi, on Tuesday to discuss funding. Pelosi said Thursday that she would not exchange wall funding for legal protections for young immigrants brought to the U.S. illegally as children — a major priority for the California Democrat.
Avoiding a shutdown could become even more complicated. Trump "indicated he supports" adding a bipartisan criminal justice reform bill, along with wall funding, to the year-end spending bill, Sen. Lindsey Graham tweeted after speaking to the president Friday.
"I agree with him on both," the South Carolina Republican wrote.