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
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
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
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
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
U.S. government debt yields fell on Wednesday after a government report showed that prices consumers pay across the U.S. economy inched higher in May.
At around 5:02 p.m. ET, the yield on the benchmark 10-year Treasury note, which moves inversely to price, was lower at around 2.12%, while the yield on the 30-year Treasury bond was little changed at 2.618%.
The Labor Department's consumer price index rose a seasonally adjusted 0.1% in May as consumers paid little more for goods ranging from milk and eggs to electricity and rent. Excluding volatile energy and food components, costs rose a similar 0.1%.
Prices rose 1.8% from the previous year, while the so-called core gauge rose 2%; both prints fell just short of what economists polled by Dow Jones had expected.
U.S. President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared to other currencies, such as the euro. Trump had previously pointed out that the Federal Reserve should lose its monetary policy.
In a separate comment, the President said the U.S. has very low inflation – which he considered a "beautiful thing."
In terms of auctions, the Treasury is due to sell $24 billion in 10-year notes.