More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
Amazon announced an all-new Kindle Oasis on Wednesday morning with a feature that lets you adjust the screen to warmer tones for easier reading at night.Technologyread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Beyond Meat's plant-based protein story holds appeal to the youngest generation of investors. But its shares, BYND, have done so well in such a short time that it may lead...Invest in You: Ready. Set. Grow.read more
Cresset Capital's Jack Ablin believes stocks could get rattled by a decision not to cut interest rates.Futures Nowread more
JOHANNESBURG, June 6 (Reuters) - South Africa's African National Congress (ANC) said on Thursday that its policy on the role and independence of the central bank had not changed, following a public spat between senior party officials over the bank's mandate.
The ANC said in a statement that there had been a meeting of senior ANC officials on Thursday at the ANC's headquarters in Johannesburg to discuss the country's economic priorities.
"The Officials emphasised the policy positions of the ANC on the independence and role of the South African Reserve Bank as set out in the Constitution," the statement read, adding that the spat between its officials had undermined investor confidence.
(Reporting by Alexander Winning, Editing by William Maclean)