Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
Something unusual is happening in financial markets and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Ten 2020 Democratic presidential candidates will take the debate stage Wednesday at the Adrienne Arsht Center for the Performing Arts in Miami.2020 Electionsread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor...Retailread more
The Senate will try to reconcile its emergency border aid plan with one passed by Nancy Pelosi and House Democrats.Politicsread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
Lenders including J.P. Morgan Chase and Bank of America are widely expected to increase dividends this week.Financeread more
The dollar fell on Tuesday, ending its longest winning streak in two years, as investors put money in riskier assets on rising hopes of a breakthrough in U.S-China trade talks.
The dollar had gained for eight consecutive sessions at the end of Monday, the most since February 2017, according to Refinitiv data. But the dollar index, which measures the currency against a basket of six rivals, was 0.36 percent lower on Tuesday at 96.71.
U.S. President Donald Trump said on Tuesday that he could let the March 1 deadline for a trade agreement with China "slide for a little while," but that he would prefer not to and expects to meet with Chinese President Xi Jinping to close the deal at some point.
Trump's top trade negotiator and Treasury secretary arrived in the Chinese capital on Tuesday for high-level talks later in the week as the world's two largest economies attempt to hammer out a deal to protect American trade secrets and avoid another escalation of U.S. tariffs on Chinese goods.
Some analysts suggested that softer data out of China, including expectations of slowing growth, could help facilitate a deal.
"The economy of China is not booming, so it makes sense that they are willing to sit down with the United States. There is leverage on the side of the United States," said Juan Perez, senior foreign exchange trader and strategist at Tempus, Inc.
The dollar may have also been boosted as U.S. lawmakers reached a tentative agreement on border-security funding that might help avert another government shutdown, otherwise due to start on Saturday.
Trump expressed displeasure on Tuesday with a deal by congressional negotiators on border security spending that offered no funds for his promised U.S.-Mexican border wall, but did not reject it outright and indicated he did not expect a shutdown.
"With the government shutdown, people without paychecks and unstable trade dynamics all going on, it made sense for the dollar to rally," said Perez.
"Today is one of those days where we're getting signals that a lot of these issues can be resolved."