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Updated: 38 min 31 sec ago

Trump administration denies possible ouster of Commerce Secretary Ross

July 15, 2019 - 4:29pm
U.S. Treasury Secretary Steven Mnuchin on Monday denied a media report https://nbcnews.to/2XPQJ4B that President Donald Trump is considering removing Commerce Secretary Wilbur Ross after a Supreme Court defeat on adding a citizenship question to the census.
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Facebook vows Libra currency will wait for approval as U.S. airs worries

July 15, 2019 - 4:24pm
Facebook Inc said on Monday it would not proceed with the launch of its Libra cryptocurrency until regulatory concerns are addressed, as the U.S. Treasury secretary took the unusual step on of saying he had serious concerns it could be used for illicit activity.
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China data steadies stocks as U.S. earnings get underway

July 15, 2019 - 4:18pm
A gauge of global stocks rose modestly on Monday after economic data from China came in as expected, but equities on Wall Street slipped on weakness in financials in the wake of Citigroup's earnings report.
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S&P 500 closes flat as earnings season starts

July 15, 2019 - 4:06pm
The benchmark S&P 500 index ended little changed in a choppy session on Monday after Citigroup Inc kicked off the second-quarter earnings season with a mixed report.
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Trump defiant as lawmakers blast his 'racist' attacks on four congresswomen

July 15, 2019 - 3:38pm
Democrats in the U.S. Congress moved on Monday to formally condemn President Donald Trump's attacks on four minority congresswomen, while Trump doubled down, saying those who are unhappy with the United States "should leave."
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S&P trades near flat as Citigroup results weigh on bank stocks

July 15, 2019 - 3:15pm
The benchmark S&P 500 index struggled for direction in choppy trade on Monday as earnings season began in earnest with a mixed quarterly report from Citigroup Inc .
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Nuclear deal parties not ready to launch dispute mechanism against Iran, prefer more diplomacy: EU

July 15, 2019 - 3:15pm
The remaining parties to the Iran nuclear deal do not see Tehran's breaches as significant and do not intend for now to trigger the pact's dispute mechanism, preferring more diplomacy to ease the crisis, the EU foreign policy chief said on Monday.
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UK PM candidate Johnson: I would not back U.S. military action against Iran

July 15, 2019 - 3:15pm
The leading candidate to become Britain's next Prime Minister, lawmaker Boris Johnson, said on Monday he would not currently back the United States if it took military action against Iran.
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UK PM candidates Hunt and Johnson say Trump comments about U.S. congresswomen unacceptable

July 15, 2019 - 3:00pm
Both candidates vying to replace Theresa May as Britain's prime minister said they agreed with her that the language used by U.S. President Donald Trump about a group of mostly American-born Democratic congresswomen was unacceptable.
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U.S., Chinese officials to discuss trade in phone call this week: Mnuchin

July 15, 2019 - 2:53pm
U.S. Treasury Secretary Steven Mnuchin on Monday told reporters he expects to have another telephone call with Chinese officials this week as part of resumed discussions about a trade agreement.
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New U.S. asylum policy does not make Mexico 'safe third country': minister

July 15, 2019 - 2:41pm
Mexico Foreign Minister Marcel Ebrard said on Monday that a new U.S. measure to sharply limit asylum claims did not in effect make Mexico a "safe third country," adding that the Mexican Congress would have to approve any such classification first.
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China data supports stocks as U.S. earnings season begins

July 15, 2019 - 2:38pm
A gauge of global stocks edged higher on Monday after economic data from China came in as expected, although stocks on Wall Street slipped as financials showed some weakness in the wake of Citigroup's earnings report.
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Canada's Trudeau condemns Trump attacks: 'That is not how we do things'

July 15, 2019 - 2:29pm
Canadian Prime Minister Justin Trudeau on Monday added his voice to those condemning an attack by U.S. President Donald Trump against four minority Democratic congresswomen, saying "that is not how we do things in Canada."
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Amazon rivals ride on Prime Day marketing as protests unfold

July 15, 2019 - 2:27pm
Amazon.com Inc's Prime Day is now a major marketing opportunity and shopping event in the annual calendar for other U.S. retail companies, rivaling the Thanksgiving holiday's Black Friday as a driver of sales.
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U.S. Gulf of Mexico oil, gas production begins restarting after Barry

July 15, 2019 - 2:21pm
U.S. offshore oil producers restarted 4% of the production shut by Tropical Storm Barry last week, according to a report on Monday by the U.S. Bureau of Safety and Environmental Enforcement (BSEE).
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Trump administration moves to stop more immigrants from seeking U.S. asylum

July 15, 2019 - 2:17pm
The Trump administration on Monday moved to bar almost all immigrants from applying for asylum at the country's southern border, requiring them to first pursue their claims in a third country they traveled through before seeking safe haven in the United States.
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Neo-Nazi gets second life sentence in murder of protester in Virginia

July 15, 2019 - 2:11pm
A Virginia state judge on Monday sentenced a self-professed neo-Nazi to a second life prison term for killing a demonstrator when he drove his car into a crowd protesting against white supremacists in Charlottesville two years ago.
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Democrats plan vote condemning 'xenophobic' Trump attacks on minority congresswomen

July 15, 2019 - 2:04pm
Democrats in the U.S. Congress moved on Monday to formally condemn President Donald Trump's attacks on four minority congresswomen as House of Representatives Speaker Nancy Pelosi said her party would introduce a resolution criticizing his "xenophobic tweets."
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Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China - sources

July 15, 2019 - 2:01pm
Canada is likely to postpone a decision on whether to allow China's Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election, given increasingly strained relations with Beijing, say three well-placed sources.
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U.S. Treasury's Mnuchin to give briefing on cryptocurrency on Monday

July 15, 2019 - 1:47pm
U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.
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