Trump Approves Tariffs on About $50 Billion of Chinese Goods
President Donald Trump approved tariffs on about $50 billion of Chinese goods, people familiar with the decision said, as the U.S. ratchets up its trade fight with Beijing over China's alleged pressure on U.S. firms to transfer technology to Chinese partners.
Bank of Japan Bucks Global Trend of Monetary Tightening
The Bank of Japan stuck to its ultra-easy monetary policy, bucking the global trend largely because inflation in Japan isn't getting close to the central bank's 2% target.
Big Investors Don't Want Wall Street Analysts Snooping on Them
Banks are collecting loads of data on what their clients are reading and when. But some investors who make trading decisions based on that research are pushing back.
China PBOC Injects CNY260.5 Billion Liquidity Into Banking System
China's central bank injected a combined 260.5 billion yuan ($40.6 billion) into the country's banking system on Friday, in a bid to maintain adequate liquidity in the sector.
China Home Price Growth Muted in May
China home price growth in May was generally flat versus a year ago, but hope for better economic prospects in some cities fueled slight momentum.
Nafta Talks Will Extend Into Summer, Canadian Official Says
The three nations "will be working hard over the summer" on the North American Free Trade Agreement, Foreign Minister Chrystia Freeland said following a meeting with the Trump administration's chief trade envoy.
Powell Puts His Stamp on the Fed
Jerome Powell gave the Federal Reserve's communications a makeover, one way the new chairman is putting his stamp on the central bank without departing from his predecessors' policies.
Fed Limits Credit Exposure Big Banks Can Have With Each Other
The Federal Reserve capped the amount of exposure the largest banks operating in the U.S. can have with each other, putting in place a long-awaited rule to reduce the chance of snowballing credit risk in the financial system during times of crisis.
Economic Growth in U.S. Leaves World Behind
The U.S. economy is revving up just as Europe and other major economies lose steam, jeopardizing a rare period in which the world's largest economies have been accelerating in unison.
Argentina Central Bank Gets New President
Argentina's Central Bank President Federico Sturzenegger resigned as the peso continued to lose value against the dollar, a week after authorities reached a deal with the International Monetary Fund for financial support.