(Reuters) - Facebook Inc on Tuesday decided to allow certain ads promoting cryptocurrency and related content from pre-approved advertisers, but would continue its ban on those tied to binary options and initial coin offerings.Facebook had in January banned ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices."We will li...Read More

BIRMINGHAM, Ala. (Reuters) - Intensifiying trade tensions over the last week have boosted downside risk to the economy, Atlanta Federal Reserve bank president Raphael Bostic said on Tuesday, adding that he may rule out a fourth rate increase for the year if things get worse.“The more it progresses in this more contentious way, the more it leads me to feel the risks are on the downside for th...Read More

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still being worked out.Trump’s remarks to reporters at the White House appeared to favor Treasury Secretary Steven Mnuchin’s approach in a fi...Read More

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that sensitive U.S. technology can be protected from acquisition by China through the committee that scrutinizes foreign acquisitions of American companies, but the ultimate method was still being worked out.Trump’s remarks to reporters at the White House appeared to favor Treasury Secretary Steven Mnuchin’s approach in a fi...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.“We are finishing our study of Tariffs on cars from the E.U. in that they have long taken advantage of the U.S. in the form of Trade Barriers and Tariffs. In the end it will all even ou...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday the government was completing a study about increasing import tariffs on cars from the European Union and suggested he would take action soon.“We are finishing our study of Tariffs on cars from the E.U. in that they have long taken advantage of the U.S. in the form of Trade Barriers and Tariffs. In the end it will all even ou...Read More

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as gains in the technology and energy sectors helped Wall Street recover from a sharp sell-off a day earlier on spiraling global trade tensions.Technology stocks .SPLRCT added the most gains to the S&P 500 after having slid on Monday upon conflicting statements from Trump administration officials on restrictions on foreign investment in U.S. tec...Read More

NEW YORK (Reuters) - The U.S. government on Tuesday criminally charged a Standard & Poor's credit ratings analyst and two friends, all from Manhattan, with insider trading related to Sherwin-Williams Co's $9.3 billion purchase of Valspar Corp.According to prosecutors, the analyst Sebastian Pinto-Thomaz, 32, tipped Abell Oujaddou and Jeremy Millul in early March 2016 about the impending transac...Read More

Drug stocks are making volatile moves in an otherwise quiet trading sessionStocks are cautiously higher in quiet trading this afternoon. Three stocks making some more noteworthy moves are pharmaceutical concerns Achieve Life Sciences Inc (NASDAQ:ACHV), Puma Biotechnology Inc (NASDAQ:PBYI), and Achaogen Inc (NASDAQ:AKAO). Below, we will take a closer look at howshares of ACHV, PBYI, and AKAO ar...Read More

"Wisdom abounds in this #nickel market overview from Jim Lennon & Clive Whittington. Fave quote: "Even w/ the impact of growing supply from Indonesia, the market has moved from significant over-supply to significant under-supply." @TheAssay @Investinmining https://t.co/anuuSiriSo"Read full newsRead More

HOUSTON (Reuters) - The United States risks losing time and competitiveness the longer it continues its trade spat with Mexico and Canada and fails to focus on threats from China, a U.S. central banker said on Tuesday.“Intellectual property rights and technology transfer are very big issues, where China is using the joint ventures to get technology and then compete globally,” U.S. Dall...Read More

WASHINGTON (Reuters) - An automotive trade group said on Tuesday it would tell the Trump administration that a U.S. threat to impose a tariff of up to 25 percent on imported passenger vehicles under national security grounds would cost American consumers $45 billion annually, or $5,800 per vehicle.The Alliance of Automobile Manufacturers, a group representing General Motors Co (GM.N), Toyota Motor...Read More

HOUSTON (Reuters) - The United States risks losing time and competitiveness the longer it continues its trade spat with Mexico and Canada and fails to focus on threats from China, a U.S. central banker said on Tuesday.“Intellectual property rights and technology transfer are very big issues, where China is using the joint ventures to get technology and then compete globally,” U.S. Dall...Read More

WASHINGTON (Reuters) - U.S. Vice President Mike Pence will meet on Thursday in Guatemala to discuss the immigration issue on the U.S. southern border with the presidents of Guatemala and Honduras and the vice president of El Salvador, an aide told reporters on Tuesday.Pence is currently traveling in Brazil and had been slated on Thursday to meet with victims of a recent volcanic eruption in Guatem...Read More

SAN FRANCISCO (Reuters) - The San Francisco Federal Reserve Bank is aiming to have a list of 10 candidates for its new president by the end of summer and a pick in place by fall, the search committee’s chair told community activists in a private meeting on Monday.A San Francisco Fed spokesman confirmed the timeline to Reuters.The meeting was one of several the bank’s search committee h...Read More

WASHINGTON (Reuters) - Republican plans to make President Donald Trump’s tax cuts permanent for individuals and many private businesses would worsen an already rising U.S. debt burden, congressional researchers said on Tuesday.In its annual long-term budget outlook, the nonpartisan Congressional Budget Office (CBO) said the debt will equal 78 percent of U.S. gross domestic product by the end...Read More

Consumer confidence fell to 126.4 in June.Although sentiment toward current business conditions was unchanged, the long-term outlook was not optimistic.Gillian Brassil| @Gillian_Brassil Published 11 Hours AgoUpdated9 Hours AgoCNBC.com Kamil Krzaczynski | ReutersA shopper checks on merchandise at the J.C. Penney department store in North Riverside, Illinois.Consumer confidence fell well below ec...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday he will ask Congress for an increase in funding for his proposed wall along the border with Mexico so it can be finished quickly.Speaking to reporters during a meeting on immigration with Republican lawmakers at the White House, Trump said Republicans would make border security a centerpiece of their campaigns ahead of congressiona...Read More

WASHINGTON (Reuters) - The Republican-controlled U.S. Congress, riddled by factional infighting, looks unlikely to act decisively this week on the immigration crisis at the U.S.-Mexico border, providing few answers on what comes next for separated parents and children.President Donald Trump’s abrupt order last week to end his policy of breaking up families at the border failed to explain how...Read More

Gold prices finished at their lowest level in more than six months on Tuesday, with the precious metal under pressure from gains in the U.S. stock market and a stronger dollar. The June selloff in global risk assets, which was sparked by a fresh round of global trade friction, continued Tuesday in most Asian markets but European stocks mostly advanced and U.S. benchmark stock indexes edged higher....Read More