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
Markets in Australia and Japan looked set to open slightly lower as investors worried over trade tensions between the U.S. and China.Asia Marketsread 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
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread 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
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Investors rushed into the safety of bonds Thursday and sold stocks, as it appeared the trade war could be prolonged and more painful for the world economy than expected.Market Insiderread more
After losing a tight race to be governor of Georgia, Stacey Abrams has decided not to run for a Senate seat next year. She still might run for president, however.
"I've been deeply honored by so many fellow Georgians asking me to serve," she told the Atlanta Journal-Constitution in a story published Tuesday. "But my responsibility is not simply to run because the job is available. I need to run because I want to do the job."
Abrams followed up with a Twitter video in which she said: "I will do everything in my power to ensure Georgia elects a Democrat to the United States Senate in 2020."
Her decision leaves the Democratic primary field in the race to challenge GOP Sen. David Perdue wide open. Abrams lost the governor's race in the recently red state by only about 1.5 percentage points to Republican Gov. Brian Kemp, leading many to see her as the best challenger to Perdue.
Republicans have to defend 22 Senate seats in 2020, while only 12 Democratic-held seats are up for grabs. Georgia is considered among a handful of the most competitive races next year.
Senate Republicans hold a 53-47 majority in the Senate, meaning Democrats would have to flip four seats to win control. The Senate GOP campaign arm cheered Abrams' decision.
National Republican Senatorial Committee communications director Jesse Hunt said Abrams "handed Chuck Schumer his most embarrassing recruiting fail of the cycle, leaving Georgia Democrats stuck with an assortment of second-tier candidates."
Teresa Tomlinson, former mayor of Columbus, Georgia, has said she would run for Senate if Abrams did not, the Journal-Constitution reported earlier in April.
Abrams' national profile has grown since she lost to Kemp by more than 50,000 votes. The contest was also mired in allegations of voter suppression.
In February, Abrams delivered the Democrats' response to President Donald Trump's State of the Union address. More recently, there was speculation that former Vice President Joe Biden would announce Abrams as his 2020 running mate months before next year's primary contests even began.
Abrams has since focused on issues such as voting rights and health insurance expansion. She could consider running against Kemp again in 2022.
The Journal-Constitution said Abrams did not explicitly rule out running for president next year.
"This conversation was about the Senate," she told the newspaper. "I have not decided what I'm going to do about other races, but Georgia will always be at the center of my plans."
The Democratic presidential primary field already has 20 candidates, including Biden, who recently made his bid official. The first Democratic presidential debate will take place on June 26 and 27 in Miami.