The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts.Investing in Spaceread more
Bryn Mawr's Jeffrey Mills believes the market needs more time to break out of its slump.Trading Nationread more
Treasury Secretary Steven Mnuchin said a resumption of trade talks with China is not on the calendar yet.
Mnuchin told CNBC's Ylan Mui on Wednesday that a trip to Beijing has not been scheduled. Mnuchin made the comments on his way into a hearing before the House Financial Services Committee.
China has invited the U.S. delegation to Beijing after the two countries failed to reach a trade agreement in Washington this month.
"I'm still hopeful that we can get back to the table. The two presidents will most likely see each other at the end of June," Mnuchin said during the hearing. The two leaders are set to meet at the G-20 summit in Japan next month.
President Donald Trump followed through with his threat to increase tariffs on $200 billion in Chinese goods from 10% to 25%. China immediately responded by upping the tariffs on $60 billion of U.S. goods to as high as 25%.
The trade tensions further intensified this week as the U.S. blacklisted Huawei and effectively halted its ability to buy American-made parts and components. China on Wednesday threatened to cut more economic ties with the U.S. in the wake of the new tariffs and Huawei ban.
The talks between the U.S. and China appeared to have stalled as it is unclear what the two sides would negotiate, CNBC previously reported. Trump said recently he has not "made that decision yet" on whether to put tariffs on another $325 billion in Chinese goods.