The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart.Entrepreneursread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
U.S. President Donald Trump told his supporters in Pennsylvania that his high-stakes trade war with China had strengthened the state's steel industry and jobs.Politicsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
China's state media is using propaganda to drum up support against the United States and President Donald Trump as the trade war escalates.
In a clip from state broadcaster CCTV that went viral, an anchor asks, "After 5,000 years of trials and tribulations, what kind of battle have the Chinese not been through?"
The video, which has been viewed more than 3.3 billion times, underscores how China wants to portray itself as playing the long game in the trade battle in contrast with President Trump, whose reelection next year could be at risk if voters perceive the trade war negatively.
Meanwhile, the People's Daily, the official newspaper for China's Communist Party, posted a photo captioned "This, is China's attitude!" CNBC's translation of the Chinese phrases in the image reads: "Negotiate— we can! Fight— bring it on! Bully us— YOU WISH!"
On Monday, China announced it would put retaliatory tariffs on $60 billion worth of U.S. goods beginning on June 1. The move came after Washington announced last week it would increase tariffs from 10% to 25% on $200 billion worth of Chinese goods.
Markets tanked on the news. The Dow Jones Industrial Average and S&P 500 suffered their worst days since early January, and the Nasdaq Composite had its biggest single-day loss of the year. Stocks rose on Tuesday, regaining some of the lost ground.
President Trump said on Monday he would know in "three or four weeks" if the trade talks are successful.
Trump confirmed Monday that he plans to meet with Chinese President Xi Jinping at the G-20 summit in Japan in late June to continue trade talks.
- With reporting from CNBC's Eunice Yoon.