U.S. stocks dropped on Tuesday after comments from President Donald Trump sparked fears of a delay in resolving a bruising tariff dispute with China until after the presidential election in November 2020. Chris Dignam has more.
The Supreme Court on Monday is set to take up President Donald Trump’s unprecedented and contentious effort to exclude illegal immigrants from the population totals used to allocate U.S. House of Representatives districts to states. Lisa Bernhard produced this report.
Slack rocketed as much as 32% higher on Wednesday after Dow Jones reported Salesforce.com is in talks to acquire the workspace-communications company. Such a deal would likely value Slack at more than the $17 billion market cap it held before shares jumped. There's no guarantee the talks will lead to a takeover, and Salesforce could target another company for an acquisition, sources familiar with the matter told Dow Jones.
The S&P 500 and the Dow retreated Wednesday as a surprise rise in weekly jobless claims added to signs the recovery of the labor market was stalling amid a surge in COVID-19 infections. Fred Katayama reports.
Global shares reached record highs on Wednesday after the Dow Jones broke 30,000, with investors relieved at the prospect of a smooth handover of power after the U.S. presidential election and confident a COVID-19 vaccine would soon be ready. Francis Maguire reports.
President Donald Trump said Tuesday he'll sign Phase 1 of the trade deal with China on January 15 at the White House. As Fred Katayama reports, he said he'll later go to Beijing to start talks on the..