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
Robert Kaplan, president of the Federal Reserve's Dallas district, said low inflation is here to stay.
"It's not that we don't have any inflation...Inflation forces I think are going to be muted including technology," Kaplan said Friday in an interview with CNBC's Steve Liesman.
"Technology enables disruption and to some extent globalization. Businesses have less pricing power today and this comes through in corporate earnings report and it comes through in all my conversations," Kaplan added.
His comments came after Federal Reserve Chairman Jerome Powell said Wednesday low inflation pressures are just "transitory," hitting that a rate cut won't be on the horizon.
Kaplan also said the U.S. economy is running out of workers after data come out Friday showing the U.S. added a robust 263,000 new hires in April while the unemployment rate fell to 3.6%, the lowest since December 1969.
"I think it's still my view that we are running out of the capacity in the workforce," Kaplan said. "We are bringing people in off the sidelines. But we are starting to approach prime rates of participation pre-crisis and we are reaching pre-recession lows on discouraged workers in a good way. I would expect it's going to slow down but I don't think it's going to be a bad sign."