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Disagreement over how to reduce trade deficit, official says

Yuri Gripas | Reuters Treasury Secretary Steve Mnuchin (R) and China’s Vice Premier Wang Yang arrive at the U.S. – China Comprehensive Economic Dialogue to discuss bilateral economic and trade issues in Washington, U.S., July 19, 2017. The official, who was not authorized to speak publicly on the talks and …

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US stocks are the most unloved by global investors in 9 years, survey shows

Fund managers see Nasdaq stocks as the most crowded trade in the world, and as a result, they trimmed technology positioning in June and reduced allocations to U.S. stocks to the lowest since 2008. For three months, Nasdaq has been dubbed the most crowded trade by global fund managers in …

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US, Chinese delegations cancel news conferences on economic talks

Yuri Gripas | Reuters Treasury Secretary Steve Mnuchin (R) and China’s Vice Premier Wang Yang arrive at the U.S. – China Comprehensive Economic Dialogue to discuss bilateral economic and trade issues in Washington, U.S., July 19, 2017. U.S. and Chinese delegations participating in an annual economic dialogue on Wednesday have …

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Oil market shrugs off potential Saudi export cut

A million barrels of oil doesn’t buy much good will these days. Oil markets got a temporary boost on Tuesday on reports that Saudi Arabia could cut its crude exports by a further 1 million barrels. It was the kind of news that could once sustain a session-long surge, but …

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Global defense exports set to slip but US still top seller

Pascal Rossignol | Reuters A U.S. soldier stands guard as a Lockheed Martin F-35 Lightning II aircraft is moved, on the eve of the 52nd Paris Air Show at Le Bourget Airport near Paris, France June 18, 2017. In the Middle East, Saudi Arabia, United Arab Emirates, Algeria and Iraq …

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This June was third hottest on record, according to scientists

Haydar Hadi | Anadolu Agency | Getty Images A man uses an outdoor shower to cool off in Baghdad, Iraq, on June 14 2017. June was the third warmest on record and the world has had its second warmest year to date, according to data from the National Oceanic and …

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Barcelona play down Neymar’s $250 million record transfer to Paris

Clive Rose | Getty Images Sport | Getty Images Neymar of Barcelona celebrates his goal during the UEFA Champions League Quarter Final first leg match. The Brazilian soccer player Neymar is the subject of feverish transfer speculation as his club Barcelona rejects reports they will accept a world record bid …

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Lawsuit claims Uber discriminates against wheelchair riders

Justin Sullivan | Getty Images Uber’s headquarters in San Francisco, California. A nonprofit disability rights organization filed a class-action lawsuit against Uber, claiming the ride-hailing service discriminates against New York City riders with disabilities by not providing enough access to vehicles that can accommodate wheelchairs. “Having grown rapidly since it …

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Akzo Nobel says CEO Ton Buechner has stepped down due to health reasons

Bloomberg | Jasper Juinen | Getty Images Ton Buechner, chief executive officer of Akzo Nobel NV, looks on during a news conference in Amsterdam, Netherlands, on Tuesday, April 25, 2017. Akzo Nobel Chief Executive Ton Buechner has stepped down with immediate effect due to health reasons, the company announced on …

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People in counties that backed Trump aren’t fans of president’s tweeting, poll finds

Charles Ommanney | The Washington Post | Getty Images A billboard of Donald Trump in the backyard of George Davey’s home on January 31, 2016 in West Des Moines, Iowa. Counties that voted for Donald Trump may support the president’s policies, but those voters are less enthusiastic about the way …

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