St. Louis Federal Reserve President James Bullard said on Monday it was probably inevitable that the United States and China would clash on trade, given that China has not lived up to commitments made when it was allowed into the World Trade Organization.
Global stocks sink on dismal economic data, mixed trade signals
Global shares sank on Monday as weaker-than-expected economic data added to investor worries over the unresolved U.S.-China trade dispute's effects on the world economy.
Huawei CFO arrives at Vancouver court for hearing expected to disclose arrest details
Huawei Chief Financial Officer Meng Wanzhou arrived at a Canadian courtroom on Monday along with her lawyers to press for more details surrounding her arrest at Vancouver's airport nearly 10 months ago.
Google launches subscription service for select apps and games
Alphabet Inc's Google said on Monday it is rolling out Google Play Pass, a subscription service that gives Android users access to more than 350 apps and games without ads and in-app purchases.
Wall Street buoyed by Apple; trade concerns, mixed PMI cap gains
Apple Inc boosted the S&P 500 and the Nasdaq on Monday, even as gains were limited by mixed economic cues in the face of a prolonged U.S.-China trade war.
Ex-Wall Street banker Sean Stewart guilty in second insider trading trial
Former Wall Street investment banker Sean Stewart was found guilty on Monday of insider trading a second time for passing tips about healthcare industry mergers to his father.
Hyundai Motor Group, Aptiv to set up $4 billion self-driving car venture
Hyundai Motor Group will invest $1.6 billion in a joint venture to develop self-driving vehicle technologies with Aptiv , the biggest overseas investment by the South Korean carmaker to catch up to rivals in the autonomous car market.
U.S. court deals setback to FCC push to revamp media ownership rules
The Federal Communications Commission suffered a setback on Monday in a long-running legal battle when a federal appeals court struck down its latest effort to loosen U.S. media ownership rules.
Fed's Bullard: U.S. policy now 'considerably' looser, but markets may demand more
The Federal Reserve's policy shift since last year has made monetary policy "considerably more accommodative" than a year ago, but world markets are likely expecting more to come, St. Louis Federal Reserve bank president James Bullard said on Monday.
Ford recalls 322,000 cars over battery fire risk: kfz-Betrieb
Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany's KBA federal motor authority.