J.P. Morgan economists said they now see a much slower economy in the second quarter, with growth of just 1%.Market Insiderread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes Nomura.Marketsread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A spokesman for Nadler told CNBC that the chairman is "okay," and that he "seems to have been dehydrated and it was very warm in the room."Politicsread more
The meeting is expected to take place on the sidelines of the Shangri-La Dialogue defense summit in Singapore.Defenseread more
Rep. Chip Roy, R-Texas, blocked a $19.1 billion disaster relief bill that was expected to sail through Friday, a move that stalled the measure from becoming law.Politicsread more
On Friday, director Jeff Fowler tweeted that "Sonic the Hedgehog" would not be released until February 14, 2020. The film was previously set to be released in November of this...Entertainmentread more
If consummated, the deal would mark the latest in a flurry of activity in the payment technology space.Banksread more
The markets have been slow to recognize the high-stakes game that's playing out on the world stage.Economyread more
Volatility has roared back into the market this week, but Mark Tepper of Strategic Wealth Partners sees one sector making a comeback.Trading Nationread more
WASHINGTON, May 12 (Reuters) - U.S. President Donald Trump and his Chinese counterpart Xi Jinping are likely to meet during a G20 summit in Japan at the end of June and discuss trade, White House economic adviser Larry Kudlow said on Sunday.
Speaking to "Fox News Sunday", Kudlow said over the past couple of weeks, China had backtracked from some its commitments and that the sticking point right now was to ensure Beijing puts the changes it had promised into law.
(Reporting by Humeyra Pamuk; Editing by Lisa Shumaker)