Business

Commerce Secretary Wilbur Ross explains how these additional measures will help protect U.S. national security from Huawei and says that trade talks US-China have not been affected by these additions. He later discusses limitations on the potential sales of TikTok and 5G development The Trump administration is struggling with Chinese …

What happens: When the Democratic National Convention begins, Wall Street strategists generally agree that the health of the economy, the path taken by the pandemic and the viability of a vaccine are paramount to the trajectory of markets . But they are still peppered with questions from clients about the …

YURI KADOBNOV / Getty Saudi Arabia’s sovereign wealth fund, which is one of the largest in the world, released investments it bought and sold in the second quarter in an SEC filing. The state-sponsored Public Investment Fund is abandoning its investments in major U.S. companies such as Boeing, Facebook, Marriott, …

Potential buyers continue to flood into model homes across the country, and that has made builders feel better about their business than in more than 20 years. But rising timber prices could dampen the market’s momentum this fall. Building confidence in the newly built, single-family home market jumped six points …

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) made a single new acquisition in the second quarter, and acquired shares of gold miner Barrick Gold Corp (GOLD). It’s a surprising move for the “Oracle of Omaha” which has long rejected the precious metal as an attractive investment. As of June 30, Berkshire …