Democratic candidates take the stage together for the first time as they jockey for position in the race to take on President Trump in 2020.2020 Electionsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
"As a private company we don't have the tools to make the Russian government stop," Facebook CEO Mark Zuckerberg said at the Aspen Ideas Conference on Wednesday. "We can...Technologyread more
Something unusual is happening in financial markets, and it could mean more gains lie ahead for stocks, if history is any indication.Marketsread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Venezuelan President Nicolas Maduro said security forces had foiled an opposition coup attempt that included plans to assassinate him and other top political figures.World Politicsread more
Credit Suisse initiated coverage of Tesla Wednesday with an "underperform" rating and a price target 15% below where the stock closed.Marketsread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
The U.S. trade deficit decreased to $50.8 billion in April in a reading just before its tariff battle with China escalated, according to government data Thursday.
The number matched analyst expectations and marked a decline from an upwardly revised $51.9 billion in March.
In the weeks before President Donald Trump stepped up his rhetoric on China, the deficit increased $2.1 billion to $29.4 billion as exports fell by $1.8 billion and imports increased by $300 million, numbers from the Census Bureau and Bureau of Economic Analysis showed. That came after the trade shortfall with China increased $22.9 billion in the first quarter to $80.8 billion.
Overall for the month, exports fell $4.6 billion to $206.8 billion while imports declined $5.7 billion to $257.6 billion.
Along with its China battle, the White House also has gone after Mexico recently, threatening to impose a 5% tariff on Monday against Mexico imports, with equal increases each month to a maximum of 25%. The administration has demanded that Mexico stem the flow of illegal immigrants at the southern border.
The U.S. had a goods shortfall with Mexico of $7.9 billion for April, after a $23 billion deficit in the first quarter.
The deficit in goods and services stands at $205.4 billion for the year, a 2% increase from the same period a year ago.
In the bigger picture, trade is likely to be neutral for growth in the second quarter after serving as a big boost to the surprisingly large GDP gain of 3.1%, said Michael Pearce, senior U.S. economist at Capital Economics. Trade added 1.1 percentage points to GDP in Q1.