President Donald Trump slammed the Federal Reserve on Tuesday for incessantly raising interest rates and said cutting rates by a full point would make the economy surge.
US President Donald Trump, three of his children and one of his companies filed a federal lawsuit on Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.
The US and China are due to begin a fresh round of talks in Beijing on Tuesday as they edge closer to resolving their damaging trade dispute. The discussions will be led by US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He.
The US military said it sent two Navy warships through the Taiwan Strait on Sunday as the Pentagon increases the frequency of movement through the strategic waterway despite opposition from China.
American health officials report that more than 700 people have been infected by measles this year, marking a 25-year high for the infectious disease. The Centers for Disease Control and Prevention said on Monday that cases had been recorded in 22 states and were mostly affecting unvaccinated children.
British Prime Minister Theresa May is being urged by members of her own party and senior intelligence officials to reverse a provisional decision to allow the Chinese technology giant Huawei a role in building parts of Britain's 5G mobile network.
The European Union has warned US President Donald Trump's that his rejection of a UN treaty designed to regulate the global arms trade would hamper the global fight against illicit weapons trafficking.
The US admiral in charge of the Guantanamo Bay detention centre in Cuba has been fired due to a loss of confidence in his ability to command,” US Southern Command said in a statement on Sunday. Rear Admiral John Ring was removed from the post on Saturday, the brief statement said, without giving details about why.
Amazon has promised to cut delivery times worldwide for customers of its Prime service. Amazon Prime is a subscription service offering free delivery and access to Amazon's TV shows.
The US economy grew much faster than expected in the first quarter of the year, helped by a jump in exports and by firms building up stocks of goods. The economy expanded at an annualized pace of 3.2% in the January-to-March period, well above analysts' forecasts.