Major retailers are making changes behind the scenes to offset any costs from the China tariffs, says ex-department store executive Jan Kniffen.
Sears' former CEO, Eddie Lampert says severance to workers has been paid, and he defends himself against criticism of his tenure as CEO.
U.S. debt yields added to a recent rebound on Tuesday as fears over global trade tensions paused and investors looked toward riskier assets.
Gary Shapiro of the Consumer Technology Association called tariffs an "economic fence" and said they are "not a good strategy" to deal with China.
The impending rollout of the next generation 5G wireless standard could be a boon for cybersecurity, according to an expert from Verizon.
Mnuchin's interpretation of the bond market runs counter to some on Wall Street.
Australia is calling for calm as the trade war between Washington and Beijing rages on, appearing like there's no end in sight.
French Finance Minister Bruno Le Maire said governments need to clearly distinguish between national security concerns and trade disputes.
The larger trade surplus came as China's dollar-denominated exports increased by 1.1% in May, while imports imports fell 8.5%.
Auto stocks in Asia also rose on Monday after U.S. President Donald Trump's announcement last week that tariffs would not be slapped on Mexican goods.
The White House has had no problem leveraging American economic heft to bring other countries to heel, Treasury Secretary Steven Mnuchin says.
"U.S. growth it still really the bright spot of the world," says Treasury Secretary Steven Mnuchin.
"The president reserves the right to put on tariffs," the Treasury secretary told CNBC.
"President Trump is going to need to make sure he's clear that we're moving in the right direction to a deal," Mnuchin told CNBC.
U.S. Treasury Secretary Steven Mnuchin is scheduled to meet with People's Bank of China Governor Yi Gang at a gathering of G-20 finance leaders in Japan.
U.S. stocks jumped overnight as the major indexes had their second-best day of 2019, each of them rising more than 2% on the day.
China on Sunday took a firm official stance against the U.S. on trade, issuing a paper that illustrates a widening gap between the two sides.
The trade war continued to escalate this week with no clear exit for China and the U.S.
"The failure to make those payments would amount to a broken promise on your part," Sen. Elizabeth Warren and Rep. Alexandria Ocasio-Cortez say.
The administration said that no country meets the criteria to be labeled as one seeking to gain unfair trade advantages over the United States by manipulating its currency.
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