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U.S., China putting trade war on hold, Treasury's Mnuchin says

WASHINGTON The U.S. trade war with China is "on hold" after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Sunday.

Recent Business News

Wall Street's 'Sell in May' could be fading away

NEW YORK "Sell in May and go away," arguably the most well-worn axiom on Wall Street, has proven to be shrewd advice during previous midterm election years.

May 19 2018

China agrees to import more from U.S., no sign of $200 billion figure

WASHINGTON China has agreed to significantly increase its purchases of U.S. goods and services, the two countries said on Saturday, but made no mention of a $200 billion target the White House had touted earlier. | Video

ISS sides against two Tesla directors, backs split of Musk's roles

BOSTON Proxy adviser Institutional Shareholder Services (ISS) recommended on Friday that investors vote against Tesla Inc directors Antonio Gracias and James Murdoch, increasing pressure on the car maker over their roles on its board.

May 19 2018

Big Ag turns to peas to meet soaring global protein demand

Cargill, the global grains trader, sees the future of protein in the humble pea.

May 18 2018

U.S. gun lobby takes aim at 'gun-hating' banks Citi, BofA

WASHINGTON The U.S. gun lobby is taking aim at "gun-hating" banks after Citigroup Inc and Bank of America said they would no longer provide certain banking services to gun-makers, according to industry lobbyists. | Video

May 19 2018

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