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
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
Bryn Mawr Trust CIO Jeffrey Mills lists where to put money to work as Wall Street copes with trade war and recession jitters.Futures Nowread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
ROME, May 14 (Reuters) - Deputy Prime Minister Luigi Di Maio on Tuesday criticised a suggestion by his coalition partner Matteo Salvini that Italy could break European Union fiscal rules and raise its public debt in order to spur jobs.
Di Maio, leader of the anti-establishment 5-Star Movement, told reporters in the central Italian city of Perugia that it was "pretty irresponsible" to create market tensions by speaking about increasing the already-high debt level.
Earlier on Tuesday Salvini, leader of the right-wing League, said Italy should be ready to break the EU's 3-percent-of-GDP deficit ceiling and push the debt as high as 140 percent of GDP if necessary, to lower unemployment.
Salvini and Di Maio are competing for votes ahead of European Parliament elections on May 26.
(writing by Gavin Jones)