Sep 10, 2019 1:58
Jack Ma, who has commanded cult status at the top of Alibaba, steps down, leaving big shoes for his softly spoken successor to fill.
Aug 19, 2019 1:33
U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
Aug 14, 2019 2:23
The U.S. Treasury yield curve inverted on Wednesday for the first time since June 2007, in a sign of investor concern that the world's biggest economy could be heading for recession.
Aug 13, 2019 2:32
The Trump administration on Tuesday delayed imposing a 10% import tariff on laptops, cell phones, video game consoles and some other products made in China that had been scheduled to start next month, in an abrupt pull-back from a hardline stance on Chinese trade.
Aug 9, 2019 1:48
British Finance Minister Sajid Javid says the fundamentals of the UK economy are strong after figures showed it had contracted in the second quarter of 2019. Joe Davies reports.
Aug 9, 2019 1:44
The global growth story revealed some new twists and turns on Friday as Japan smashed expectations with its Q2 growth numbers, Britain shocked the other way and Italy saw resurgent political worries weighing on an already troubled outlook.
Aug 5, 2019 1:32
China let its currency breach a key 7-per-dollar level Monday for the first time since the global financial crisis, a move that could spark further trade conflict with the United States.
Jul 12, 2019 1:28
The Dow, S&P 500 and Nasdaq each closed at their highest levels ever on Friday as investors continued to gleefully look ahead to an expected Federal Reserve rate cut and gear up for the start of corporate earnings season.
Jul 3, 2019 1:54
Wall Street's major averages closed at record highs on Wednesday on growing expectations the Federal Reserve will cut interest rates as the U.S. economy shows signs of weakening.
Jun 7, 2019 1:02
Shares of Beyond Meat rose as much as 36 percent Friday, a whopping gain of more than 400 percent from their IPO price, after the company beat sales forecast and provided an upbeat sales outlook, though the meat-alternative company is still losing money.
May 31, 2019 2:28
The Dow dropped 354 points as stocks tumbled worldwide and U.S. government bond yields tested new 20-month lows after a White House threat to slap a 5% tariff on Mexican goods added to concerns punitive measures will slow the global economy.
May 29, 2019 2:06
Interest rates on U.S. government bonds are falling fast and flashing a warning signal that has historically indicated investors are bracing for the increased likelihood of an economic recession.