"My comments have been taken wildly out of context," Navarro said in a statement from the White House after Fox News reported that he said the U.S.-China trade deal was "over."
An independent survey of more than 3,300 businesses in the country by U.S.-based China Beige Book found that for the second quarter, recovery from the first quarter's decline is minimal.
The Major League Baseball Players Association has rejected the league's latest plan to start operations suspend by Covid-19, the union confirmed in a statement.
China's rise as a global economic power over the last few decades has worsened gender inequality and put women at a disadvantage in the workforce, a report by Peterson Institute for International Economics said.
"This was a day when both the recession stocks and the recovery stocks worked" and "someone, one of these two groups, has to be wrong," sooner or later, the "Mad Money" host said.
"I'm enjoying the stock stuff ... It's been fun ... but I'm a sports guy. I'm a sports better," Barstool Sports founder Dave Portnoy said after jumping into day trading.
Bill Ackman's new investment vehicle Pershing Square Tontine Holdings plans to offer 150 million shares at $20 apiece, according to a Securities and Exchange Commission filing.
Strategists say that dry powder in money market funds, which reached a record high last month, may support stocks in weeks ahead, with fund managers rotating back into equities or aggressively buying dips in the market.
U.S. President Donald Trump will suspend the entry of certain foreign workers on H-1B visas for skilled workers and L-1 visas for workers being transferred within a company through the end of the year, a senior administration official said on Monday — a move the official said would help the economy, but which business groups strongly oppose.
San Francisco Mayor London Breed's office said the decision to allow more businesses to reopen is driven by a "San Francisco-specific risk model" designed to curb the spread of Covid-19.