A senior U.S. official told the Commerce Department's enforcement staff this week that China's Huawei should still be treated as blacklisted, days after U.S. President Donald Trump sowed confusion with a vow to ease a ban on sales to the firm.
Asian shares fell on Wednesday as initial enthusiasm over the latest U.S.-China trade truce was overtaken by fresh concerns over Washington's threat of tariffs on additional European goods.
Judy Shelton is one of the minority of mainstream economists supportive of a return to the gold standard and critical of central bank activity.
U.S. manufacturing activity hit more than a 2-1/2-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over the escalation in trade tensions between the United States and China.
Shares of MSG Networks, the cable network that broadcasts the New York Knicks, dropped in trading Monday.
Oil prices steadied on Monday as OPEC extended supply cuts until March 2020 during a meeting in Vienna, but prices pared gains as oversupply worries continued to overshadow the market.
Global stocks rose and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth.
U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an escalation in trade tensions between the United States and China.
Wall Street's main indexes rose on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks and a likely reprieve for Chinese telecoms company Huawei.
U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices.
Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot.
U.S. stocks climbed on Monday, but were well off highs that sent the S&P 500 to a record, fueled by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei.
California has begun a program that will bring access to a workplace retirement savings plan to an estimated 7.5 million people.
Southwest Airlines expects it will have to remove the grounded Boeing Co 737 MAX jets from its flying schedule beyond the current Oct. 1 re-entry date following the discovery of a fresh safety issue, Chief Executive Gary Kelly told employees on Monday.
WPP is in exclusive talks to sell a majority stake in its data analytics unit Kantar to private equity firm Bain Capital, it said on Monday, in a $4 billion deal aimed at steering the world's biggest advertising company back to growth.