Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
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The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
U.S. government debt yields rose Wednesday as investors grew more optimistic about trade talks between China and the U.S. There are also a number of Fed speeches that will be followed closely.
At around 2:18 p.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was higher at around 2.708 percent, while the yield on the 30-year Treasury bond was also higher at 3.036 percent.
There is a strong focus on trade as China and the U.S. continue holding talks. President Donald Trump said on Tuesday that he could be tempted to push back the March 1 deadline for reaching a trade agreement with China if the two sides were close to a deal.
The South China Morning Post reported on Wednesday that Chinese President Xi Jinping will meet with U.S. delegates on Friday as both sides try to strike a deal. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer will reportedly be in attendance. Failure to achieve an agreement would spark higher U.S. tariffs on Chinese goods.
The latest report on consumer prices in the United States showed that consumers faced stagnant costs for the third straight month in January. The unchanged print contributed to the smallest annual increase in inflation in more than 1.5 years, which could encourage the Federal Reserve to hold interest rates steady.
The Labor Department said on Wednesday its Consumer Price Index last month was held down by cheaper gasoline, which offset increases in the cost of food and rents.