An already ticked off federal judge on Tuesday slapped Michael Flynn, President Donald Trump's former national security advisor, with restrictions on his travel as he awaits sentencing. Judge Emmet Sullivan's order came hours after he told Flynn "arguably you sold your country out" — and suggested the retired Army lieutenant general could face prison if…
Smaller banks would face "significantly" reduced regulations while larger institutions would see largely the same scrutiny under rules the Federal Reserve proposed Wednesday. The changes would be the latest moves the central bank has made to reduce the regulatory burden for community and regional financial institutions, unwinding some of the restrictions put in place after…
Walmart may not be the first name that comes to mind when most consumers think about e-commerce, but the rapid rise of delivery services in China is pushing the U.S. retailer to new innovations in Asia's largest economy. E-commerce accounts for more than 20 percent of retail sales in China, the highest and fastest growing…
The oil market has largely shrugged off the killing last month of Washington Post columnist Jamal Kashoggi by Saudi agents. However, a new CIA assessment that reportedly links the slaying to the kingdom's crown prince could soon change that, according to a commodities strategist and former CIA analyst. The assessment concludes that Saudi Crown Prince…
Bridget Bennett | Bloomberg | Getty Images President Donald Trump speaks during a rally in Las Vegas, Nevada, U.S., on Thursday, Sept. 20, 2018.  Facebook on Monday said it would not allow President Trump's reelection campaign to run advertisements urging Americans to vote for Republicans to stop thousands of immigrants from crossing the U.S. border,…
The stock market's early-day rally on Tuesday was a "dress rehearsal" for what could happen if the Federal Reserve says Wednesday that it will take a "wait-and-see" approach on its interest rate policy, CNBC's Jim Cramer said as stocks reversed into the close. On Wednesday, the Fed is expected to announce another interest rate hike…
North Korean leader Kim Jong Un reaffirmed on Tuesday his resolve to completely denuclearize the Korean Peninsula, but warned he may have to take an alternative path if the United States continued to force Pyongyang into unilateral action. In his New Year address, Kim said he was willing to meet U.S. President Donald Trump again…
Getty Images President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. President Donald Trump on Tuesday reiterated that the U.S. Federal Reserve was raising interest…
Retailers are apprehensive about the U.S.-China trade war, an executive at a Hong Kong cosmetics chain said Thursday, calling the conflict the biggest risk to his company's business. Guy Look, chief financial officer and executive director at Sa Sa International, said that while the Hong Kong retail chain has benefited this year from increased mainland…
Talks of a possible conspiracy within Nissan's senior ranks have surfaced in news reports on both sides of the Pacific in recent days, and they normally might have been greeted with a laugh. But a number of people close to Nissan are not dismissing the subject outright, the people said. Some, if anything, are taking…
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