U.S., China held ‘productive’ talks, still plan October meeting: USTR
U.S. and Chinese deputy negotiators held “productive” talks in Washington this week aimed at improving their trade relationship, the U.S. Trade Representative’s office said on Friday without offering further details.
Walmart to stop sales of e-cigarettes in U.S. stores: company memo
Walmart Inc told staff on Friday it will stop selling e-cigarettes and electronic nicotine delivery products at its U.S. stores, amid a growing crackdown on surging teenage use of such products, reports of vaping-related lung disease and some deaths.
Few U.S. lawmakers hit ‘like’ button after Facebook CEO visits Capitol Hill
Facebook CEO Mark Zuckerberg wrapped up three days of discussions with Washington movers and shakers on Friday, with few if any indications he had won new “friends” to help the top social media company deal with multiple probes by Congress, state attor…
Exclusive: Fitbit considers whether it should explore a sale – sources
Wearable device maker Fitbit Inc has been in talks with an investment bank about the possibility of exploring a sale amid challenges in successfully pivoting from fitness trackers to smartwatches, people familiar with the matter said on Friday.
Stocks fall as China cancels U.S. farm visits, yields dip
An index of global stock markets surrendered early gains on Friday after Chinese agriculture officials who were to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-China trade talks.
U.S. repo rate falls after Fed repo operation
The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking system.
Fed in three voices: recession, bubbles, and ‘in a good place’
After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions on full display Friday, with warnings of a slowdown on the one hand and financial risks on the other bookending talk of how well things are…
Oil slips on trade fears but soars in week after Saudi production attacked
Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia’s energy industry last weekend.
U.S. lifts tariffs on 400 Chinese products, Trump wants ‘complete’ trade deal
U.S. President Donald Trump said his administration was “making a lot of progress” with China on Friday, as deputy-level trade talks continued for a second day and Washington lifted tariffs on over 400 Chinese products.
China agriculture delegation scraps U.S. farm visit to Montana
Chinese agriculture officials who were due to visit U.S. farm states next week have canceled their trip to Montana as the officials will return to China sooner than originally scheduled, the Montana Farm Bureau told Reuters on Friday.
