Trump, Xi to Have 'Extended Meeting' at G-20 Summit
President Trump said he and China's President Xi Jinping had a "very good" telephone conversation and will have an "extended meeting" later this month at the G-20 summit in Japan. The news boosted U.S. stocks.
U.S. Stocks Surge, Bond Yields Slip
U.S. stocks jumped Tuesday after President Donald Trump signaled that trade talks with China had taken a turn for the better.
Fed Policy Makers Debate Rate Cut
Officials conferring at this week's policy meeting could weigh prospects for U.S.-China trade progress at the G-20.
ECB Signals Possible Rate Cut, Prompting Trump Rebuke
European Central Bank President Mario Draghi signaled that the bank could roll out fresh stimulus as soon as its next policy meeting in July, sending the euro lower against the dollar and prompting an unusual rebuke from President Trump.
U.S. Housing Starts Fell in May
A gauge of U.S. home building declined in May, a fresh sign of weakness in the housing market.
Warning Lights Are Flashing In China's Money Market
Risk aversion in China's money markets appears to be spreading following defaults on short-term bond repurchase agreements and worries about bank creditworthiness. That could trip up the central bank's efforts to support growth or cause more systemic issues if it isn't quashed quickly.
Energy Stocks and Bonds Follow Oil Lower
The recent slide in oil prices has prompted investors to scale back on shares and bonds of energy companies when markets broadly remain strong-a divergence some traders and analysts don't think will last.
The Downsides of Central Bank Mission Creep
Many central banks argue that they have a mandate to act on the impact from climate change. This sort of mission creep might only serve to enmesh central banks more in politics-and make them less reliable for investors.
Logistics Spending Jumped 11.4% on Strong Economic Growth
Rising logistics costs consumed a bigger share of U.S. corporate spending over the past year as companies rushed to take advantage of an improving U.S. economy, according to a new report.
Markets Bet on Fed Rate Cut-but Goldman, UBS Don't Agree
Despite the market's conviction, analysts from Goldman Sachs to Bank of America doubt the Fed will cut rates this summer. As the central bank kicks off its meeting, here's a look at what analysts are calling for and why.