An important part of the newly announced US-China trade truce might already be in trouble in the Senate.
President Donald Trump says US companies can continue selling products to Chinese tech giant Huawei, which appeared to contradict a Commerce Department rule that says they can't make those sales without a government license.
Democrat Chuck Schumer and Republicans Marco Rubio both said they oppose Trump's announcement, and Rubio said a large majority of the Senate would support a law backing u
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-
Part of the US China trade truce is already drawing bipartisan criticism from Republican senators
-
Wall Street was ready for the latest twist in the trade war. Here's how experts think Trump and Xi's trade truce will play out.
The year-old trade war between the US and China reached a temporary truce as Presidents Donald Trump of the US and Xi Jinping of China said they're delaying new tariffs to let negotiations continue.
That outcome of the G20 summit in Japan isn't the resolution some investors hoped for or the escalation others feared, but the "truce" is the outcome most experts anticipated.
Strategists on Wall Street have been projecting what they think will happen next on the trade front and for globa -
The inside story of how JPMorgan's Finn fell apart; How to buy hedge funds' secret sauce
Dear readers,
Our hedge-fund reporter Bradley Saacks' profile of the hedge-fund data buyer, a little known but increasingly important job in the investing world, is a can't-miss story this week. Bradley trailed a guy named Roberto Jedreicich, the "chief data buyer" for Credit Suisse's internal hedge fund, for two days and sat in all his meetings.
Basically, Jedreicich has a budget in the millions that he uses to buy "alternative data" like satellite images and credit-card information fro -
US manufacturers are flashing more warning signs all the time — and experts are getting increasingly worried about a possible recession
Signs of weakness in the manufacturing sector have been mounting left and right in recent months.Economists say that is part of a broader downward trend, but trade tensions have added to uncertainty in the sector.
Manufacturing activity accounts for about 12% of gross domestic product but holds deep ties to other key sections of the economy.
Visit Markets Insider's homepage for more stories.
Signs of weakness in the manufacturing sector have been mounting left and right in recent months, adding -
Bernstein studied 119 years of history — including the Great Depression — and nailed down the 5 things every investor should learn about stock-market crashes
Bernstein analysts studied all the major episodes of volatility that have occurred since 1900 and came away with five lessons on the biggest drivers of stock-market crashes.
They also dispelled some widely held myths about the impact of the economy on the stock market.
Click here for more BI Prime stories. As an investor in stocks, there's no escaping volatility.
Quick gains and painful losses are part and parcel of the game and have been for over a century.
That's why it -
The US and China just reached a trade-war truce, delaying $300 billion worth of planned tariffs
President Donald Trump and Chinese President Xi Jinping reached a trade ceasefire at a highly anticipated meeting late Friday on the sidelines of the G20 summit in Japan.
The truce allowed the US and China to avert $300 billion worth of additional tariffs, which Trump had vowed to levy if no progress was made at the meeting.
Trump and Xi have faced increasing pressure to defuse their yearlong trade war, which has weighed heavily on both countries at a time when the global economy was -
Grubhub registered as many as 23,000 web domains and used them to set up restaurant websites, sometimes without their owners' knowledge or express permission (GRUB)
Grubhub registered 23,000 internet domains, many of them resembling the names of restaurants, The New Food Economy reported.
In at least some cases, Grubhub has set up websites on those domains that incorporate the related restaurants' names and logos without their express permission, according to the report.
Grubhub registered the domains as a service to its customers, and that it's ceased the practice, a company representative told Business Insider.
The representative denied that the company w
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