China and the U.S. are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping at the G20 summit in Japan, cheering financial markets with hope that an escalating trade war would abate.
Acting Defense Secretary Patrick Shanahan abandoned his quest for the top Pentagon job on Tuesday as reports emerged of domestic violence in his family, plunging the leadership of the U.S. military into new uncertainty just as tensions with Iran are rising.
California Governor Gavin Newsom on Tuesday apologized to Native Americans for violence and other wrongdoings they suffered during the state's history and called their mistreatment genocide.
Asian share markets jumped on Wednesday as investors dared to hope the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.
PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday.
U.S. President Donald Trump repeated on Tuesday that immigration authorities would next week target migrants in the country illegally in large-scale arrests, but still gave no details about the planned action.
Brexit campaigner Boris Johnson took a step closer to becoming Britain's next prime minister on Tuesday, winning 40 percent of votes in the second round of a contest on a firm promise to leave the European Union by Oct. 31.
| STOCKS | BONDS | CURRENCIES | COMMODITIES |
|---|
|
| Name | Yield | Change |
|---|---|---|
| US 10YR |
+2.058
|
+0.000 |
| DE 10YR |
-0.320
|
+0.003 |
| JP 10YR |
-0.134
|
+0.000 |
| Name | USD | EUR | JPY |
|---|---|---|---|
| USD | 1 | 1.1198 | 0.0092 |
| EUR | 0.8928 | 1 | 0.0082 |
| JPY | 108.5800 | 121.5700 | 1 |
| Index | Last | Chg |
|---|---|---|
| Gold |
1,346.60
USD
|
+0.00
Exp: Jun 19
|
| Copper |
2.71
USD
|
+0.00
Exp: Jun 19
|
| Crude Oil |
54.14
USD
|
+0.24
Exp: Jun 19
|
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LEARN MORE ››Recent attacks on cargo vessels have put the focus on a shipping lane responsible for about a fifth of the world's oil exports. But in reality, this place is a powder keg for a much larger confrontation between Iran and the United States, and the precedent for conflict stretches back decades. Matthew Larotonda reports.
