Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Assets under management at Swiss private bank Julius Baer rose 12% in the first four months of 2019 to a record 427 billion Swiss francs ($425.34 billion).Earningsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
SpaceX sent 60 satellites into space in a key first mission toward the company's own high-speed internet network.Internetread more
Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.Ditching the Corporate Liferead more
Asia Pacific markets were mostly in negative territory on Friday morning as investors remained worried over trade tensions between the United States and China.Asia Marketsread more
President Donald Trump on Monday railed against Democrats calling for his impeachment after the publication of special counsel Robert Mueller's partially redacted report last week, writing in a post on Twitter that "Only high crimes and misdemeanors can lead to impeachment."
"There were no crimes by me (No Collusion, No Obstruction), so you can't impeach."
Mueller's report was released to the public on Thursday following the former FBI director's 22-month investigation into Russian interference in the 2016 election, potential collusion with the Russians by the Trump campaign and Trump's attempts after becoming president to end Mueller's inquiry.
The investigation found insufficient evidence to bring an obstruction of justice charge against the president, Mueller wrote, but uncovered several instances in which the president sought to end the probe. Mueller found that those attempts were unsuccessful largely because Trump's subordinates failed to carry out his orders.
Though Mueller did not reach a conclusion on obstruction, the report cited a longstanding Justice Department rule that bans bringing charges against a sitting president, leading some legal experts to conclude the special counsel left the determination to Congress.
Before the report's release, Trump appointee Attorney General William Barr cleared the president of obstruction charges. And the president's attorneys have said the report shows Trump is innocent.
But after viewing the 448-page report, some Democrats revived impeachment talk, including Rep. Jerry Nadler of New York, who chairs the House Judiciary Committee in which impeachment proceedings would begin.
"Some of this would be impeachable," Nadler said Sunday on NBC's "Meet the Press." Nadler said it would be necessary to have both Barr and Mueller come before the Judiciary Committee.
"Obstruction of justice, if proven, would be impeachable," Nadler said.
The Constitution provides for impeachment in cases of "treason, bribery, and other high crimes and misdemeanors." In order to impeach the president, a majority of the House of Representatives would be required to vote in favor. Removal of the president then requires the votes of two-thirds of the Senate, which has a Republican majority.
Sen. Elizabeth Warren, D-Mass., who is mounting a bid for president, on Friday called on "elected officials in both parties" to support the removal of the president following the release of Mueller report.
"The severity of this misconduct demands that elected officials in both parties set aside political considerations and do their constitutional duty," Warren wrote in a post on Twitter. "That means the House should initiate impeachment proceedings against the President of the United States."
But Trump, whose presidency was dogged in its first two years by Mueller's investigation, fired back on Monday that it "was the Democrats that committed the crimes, not your Republican President!"
"Tables are finally turning on the Witch Hunt," Trump wrote.