Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
The Department of Energy on Wednesday denied a report that Secretary Rick Perry is preparing to leave his post.
"There is no truth that Secretary Perry is departing the administration any time soon," Press Secretary Shaylyn Hynes told CNBC. "He is happy where he is serving President Trump in leading the Department of Energy."
Earlier on Wednesday, Bloomberg News reported that Perry plans to leave the administration and is currently working out the terms and timing of his exit. Bloomberg cited sources who said the departure is not necessarily imminent and Perry has not made up his mind, but that the former Texas governor has been mulling over the move for weeks.
Two sources told Bloomberg that Perry is preparing Deputy Energy Secretary Dan Brouillette for his departure. The news agency reports that Perry wants to build up his income before retiring, citing two sources.
Earlier this month, reports identified Perry as a contender to take over the Department of Homeland Security after Homeland Secretary Kirstjen Nielsen was pushed out. In response, the Energy Department said Perry is content in his current position.
Perry has been a leading advocate for President Donald Trump's "energy dominance" agenda. He has promoted U.S. energy exports overseas, worked to advance U.S. geostrategic interests through trade and international partnerships and spearheaded plans to keep coal-fired and nuclear power plants on the grid.
He is a familiar face at energy conferences and frequently refers to his current post as the "coolest" job he has ever had.