Emanuel, a veteran of the Clinton and Obama administrations, is publicly warning that Trump may blow past the hesitation of national security advisors in search of a rally-around-the-flag political boost. He wants Congress to flash caution lights. » Read More
Beijing retaliated by slapping duties on approximately $60 billion of U.S. goods after the Washington imposed tariffs on about $200 billion of Chinese imports. » Read More
Concerned business and political leaders are increasing the pressure on Canadian Prime Minister Justin Trudeau to agree on a deal to renew NAFTA and drop his insistence that no deal is better than a bad deal. » Read More
By: Jessica Dickler
A battle over tariffs could mean higher prices for American shoppers soon. » Read More
Markets are beginning to digest that U.S. President Donald Trump "will go all the way" on imposing tariffs on all Chinese goods — a move that could prompt investors to flee to safe havens, said the CEO of a private equity firm on Tuesday.
The United States needs to determine how to accommodate China as a rising power in the Asia-Pacific region, even if a declining U.S. presence there reduces stability, according to an expert.
Those tariffs will rise to 25 percent at the end of the year as Trump escalates a trade conflict with the world's second-largest economy.
While the U.S. president's "crazy" ways have worsened trade tensions, he's only a symptom of world developments that have hastened the tensions, pointed out Dani Rodrik, a professor at Harvard University.
The Fed is facing a delicate situation because rising inflation in an economy pushing against its physical limits to growth will be difficult to control, Michael Ivanovitch writes.
President Donald Trump is looking to impose 10 percent tariffs Chinese imports, below the 25 percent level previously floated by the administration.
Mark Carney, Bank of England governor, has delivered a "chilling" warning to Theresa May's cabinet that a no-deal Brexit could lead to economic chaos, including a property crash that could see house prices fall by a third.
A member of a Russian group that opposes Putin is in "serious condition" in the hospital after a suspected poisoning, The Financial Times reports.
As home to most of the oil production facilities for OPEC's second-largest producer, Basra in crisis could have a material impact on oil output and prices, analysts say.
Mexico and the United States will reach an agreement that "will be fair to both parties," Michael Milken, chairman of think tank the Milken Institute, said on Thursday.
China will seek permission from the World Trade Organization (WTO) to impose sanctions on the U.S. next week, according to the WTO's meeting agenda.
U.S. sanctions on Iran's energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel, said Fereidun Fesharaki, founder and chairman of consultancy FACTS Global Energy.
Markets are now driven by politics instead of central banks, according to Christopher Wood, an equity strategist at investment group CLSA.
On top of simmering regional turmoil and political gridlock as officials fight over the composition of their yet-unformed government, the numbers are warning that the country is headed for a banking crisis.
Oil will be toppled as North America's primary energy source this year, according to risk management firm DNV GL, with natural gas and electrification set to reshape the region's energy future.
Eric Fishwick, CLSA's head of economic research, said the U.S.-China trade war may well encourage Beijing to build its political and economic influence.