Taiwanese President Tsai Ing-wen is expected to stop over in the U.S. on Friday on her way back from visiting diplomatic allies in the Caribbean, a move that's sure to make...China Politicsread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Libra and bitcoin are different in a lot of ways, from the technology behind them to the way they're used.Technologyread more
Stocks in major Asia Pacific markets made strong gains on Friday, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease...Asia Marketsread more
Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
The base version of the sports car will punch out 495 horsepower, 40 more than the seventh-generation car and enough to launch it from 0 to 60 in "less than three seconds"...Autosread more
Animation fans and Kyoto residents gathered at the site of Japan's worst mass killing in 18 years on Friday, offering flowers and prayers for the 33 people who died in an...Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
President Donald Trump on Friday blamed the stock market sell-off on Democrats' regaining control of the House in the midterm elections in November.
"As I have stated many times, if the Democrats take over the House or Senate, there will be disruption to the Financial Markets," Trump said in a tweet. He added, however, that "things will settle down."
U.S. stocks have been under heavy pressure as fears of an economic slowdown, concern over a potential policy mistake from the Federal Reserve and the ongoing trade war with China have sent chills throughout financial markets.
The Dow Jones Industrial Average and S&P 500 last month logged their worst December performances since 1931, both falling more than 9 percent. In the fourth quarter of 2018, the major averages also posted their biggest quarterly losses since the financial crisis.
This is not the first time Trump has gone after Democrats for turmoil in financial markets. On Oct. 30, Trump said the market was taking "a little pause," as people awaited the results of the midterms. "If you want your Stocks to go down, I strongly suggest voting Democrat," Trump said in a tweet back then.
Trump has also blamed the Fed for the pressure in the stock market. Last year, the central bank raised its overnight rate four times. Last month, Trump tweeted: "The only problem our economy has is the Fed. They don't have a feel for the Market."
He also characterized last month's sharp pullback as a "glitch, " saying on Wednesday: "It's going to go up once we settle trade issues and a couple of other things happen."