U.S., China Trade Negotiators Discuss Concerns of Phase…

Photographer: Mark Schiefelbein/AFP via Getty Images Photographer: Mark Schiefelbein/AFP via Getty Images Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.  U.S. and Chinese trade negotiators…

Buttigieg Surges Into Lead in Iowa Poll: Campaign…

Senator Kamala Harris Photographer: Daniel Acker/Bloomberg Photographer: Daniel Acker/Bloomberg Pete Buttigieg has surged into the lead in Iowa, surpassing Joe Biden and Elizabeth Warren by a large margin in the state that holds the first…

Powell’s Warning to Congress About the Next Recession

Sending a message to Congress. Photographer: Al Drago/Bloomberg Photographer: Al Drago/Bloomberg Federal Reserve Chair Jerome Powell had a message for Congress in his testimony Wednesday before the Joint Economic Committee: The Fed won’t be able…

Tesla and Berlin Are a Perfect Match

Photographer: Tobias Schwarz/AFP/Getty Images Photographer: Tobias Schwarz/AFP/Getty Images Elon Musk’s announcement that Tesla Inc. will build a factory and a research center near Berlin makes perfect sense as a loud statement. Berlin isn’t known as a car city…

Mega Bond Sell-Off Spurs $1.2 Billion Outflow From…

Investors are pulling the plug on a strategy tracking long-dated Treasuries as U.S. stocks trade near all-time highs. The iShares 20+ Year Treasury Bond exchange-traded fund, ticker TLT, posted its worst week of outflows on…