U.S. review of CVS deal for Aetna may end soon: source

The U.S. Justice Department's antitrust review of CVS Health Corp's planned purchase of Aetna Inc may conclude soon, a source familiar with the review said on Monday.

New U.S. tariff threat on Chinese goods hits stocks, dollar

A gauge of global equity markets eased and the dollar slipped on Monday as investors took a dim view of an expected new round of tariffs from Washington on Chinese goods, which would escalate a simmering U.S.-Sino dispute over trade.

China paper warns it won't play defense on trade as Trump lauds tariffs

China will not be content to only play defense in an escalating trade war with the United States, a widely read Chinese tabloid warned, as U.S. President Donald Trump was expected to announce new tariffs on $200 billion in Chinese goods as early as Monday.

Trump says he will announce decision on China tariffs after market close

U.S. President Donald Trump said on Monday he would announce his latest plan for China tariffs after the markets close, with expectations he would levy about $200 billion worth of Chinese imports.

Trump economic adviser says U.S. wants serious trade talks with China

The United States is ready to negotiate a trade deal with China whenever Beijing is prepared for serious talks that will reduce tariffs and eliminate non-tariff trade barriers, top White House economic adviser Larry Kudlow said on Monday.

Wall Street down as trade tensions weigh on tech, consumer discretionary stocks

U.S. stocks fell on Monday led by declines in Apple and Amazon as investors took profits ahead of President Donald Trump's expected announcement of new tariffs on $200 billion of Chinese imports.

Oil near flat as market weighs U.S.-China trade tensions, Iran sanctions

Oil prices were little changed on Monday as the market weighed deepening trade tension between the U.S. and China that is expected to dent global crude demand and potential supply tightening due to Iran sanctions.

Most U.S. states lack reserves to weather next recession: S&P

While U.S. states' financial health has strengthened in 2018 compared with last year, fewer than half have enough financial reserves to weather the first year of a moderate recession, according to an S&P Global Ratings report on Monday.

U.S. to spare some Apple products from latest China tariffs: Bloomberg

The United States will spare some technology products including Apple Inc's Watch and AirPods from the next round of tariffs it is imposing on Chinese goods, Bloomberg reported on Monday, citing two people familiar with the matter.

Trump adviser eyes entitlement cuts to plug U.S. budget gaps

A top economic adviser to President Donald Trump said on Monday he expects U.S. budget deficits of about 4 percent to 5 percent of the country's economic output for the next one to two years, adding that there would likely be an effort in 2019 to cut spending on entitlement programs.

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