Trump Telecom Ban Takes Aim at China, Huawei
President Trump signed an executive order that allows the U.S. to ban telecommunications network gear and services from foreign adversaries, taking aim at Chinese telecom companies Huawei and ZTE and dialing up security and trade tensions.
Trump Administration Delays Decision on Car Tariffs
The Trump administration has put off a final decision on whether to impose broad tariffs on automobile and auto-part imports for about six months, two administration officials said.
U.S. Economy Lost Some Steam at Start of Second Quarter
The U.S. economy got off to a sluggish start in the second quarter, with both consumers and manufacturers pulling back in April amid trade tensions, a global slowdown and waning effects of the 2017 tax cuts.
Richmond Fed's Barkin Supports Steady Rate Stance
Federal Reserve Bank of Richmond President Thomas Barkin said he supports the central bank's steady rate stance, in a speech that highlighted the importance of sentiment in how the economy performs.
Stocks Turn Higher on Trade Hopes
U.S. stocks climbed, advancing for a second consecutive session on hopes that thawing trade tensions will boost the outlook for the world economy.
Oil Gains on Geopolitics, Rising U.S. Equities
Oil prices rose as geopolitical tensions and rising stock prices on Wall Street offset bearish data showing U.S. oil inventories are at a 20-month high.
U.S. Targets Huawei as It Seeks to Revive China Trade Talks
President Trump signed an executive order that would let the U.S. ban telecommunications gear from "foreign adversaries," underscoring tensions with China even as the U.S. said it would likely resume trade talks soon in Beijing.
Market Technicals Stoke Volatility as Key Levels Approach
Recent stock-market gyrations have carried major indexes near closely watched technical levels, exacerbating swings in both directions as investors weigh the latest updates on trade policy.
First 'Speed Bump' Coming to U.S. Futures Markets
The ICE futures exchange is set to blunt the advantages of ultrafast traders by imposing a split-second delay on some trades.
Opioid Makers Draw Scrutiny From Hedge Funds
Companies in the pharmaceutical supply chain are facing some 2,000 lawsuits related to the opioid crisis, leading some investors to wager that potential settlements from that litigation will drag down shares.