Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Amazon responded Monday to a comment by Rep. Alexandria Ocasio-Cortez, D-N.Y., that it pays warehouse workers "starvation wages," saying in a tweet that it pays workers at least $15 per hour plus full benefits.
In response to a question on ABC News' "This Week" on Sunday about Amazon CEO Jeff Bezos, Ocasio-Cortez said whether Bezos is a billionaire is less of a concern to her than how the company's policies impact Amazon warehouse workers.
Ocasio-Cortez said she was concerned that Bezos' "being a billionaire is predicated on paying people starvation wages and stripping them of their ability to access health care, and also if his ability to be a billionaire is predicated on the fact that his workers are taking food stamps."
Amazon tweeted a response to Ocasio-Cortez's comments, saying: "Amazon is a leader on pay at $15 min wage + full benefits from day one. We also lobby to raise federal min wage."
Amazon's head of communications, Jay Carney, later tweeted that Ocasio-Cortez should change the minimum wage law.
Ocasio-Cortez was one of the most outspoken public critics of Amazon's plan to move its second headquarters to Long Island City, in the borough of Queens, before Amazon pulled out.
Amazon decided to raise its minimum wage to $15 an hour in 2018 after facing criticism for its pay disparity. In April, Bezos issued a challenge to other retailers to match Amazon's pay and benefits.