Trade

Technology

FTC begins looking into Facebook disclosures

Federal Trade Commission staffers have begun looking into disclosures that Facebook Inc.’s internal company research had identified ill effects from its products, according to people familiar with the matter.

Politics

Business groups call on Biden to restart trade talks with China

Nearly three dozen of the nation’s most influential business groups — representing retailers, chip makers, farmers and others — are calling on the Biden administration to restart negotiations with China and cut tariffs on imports, saying they are a drag on the U.S. economy.

Economy

US trade deficit hits record

The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.

Markets

Boeing CEO to push Biden for 'productive dialogue' with China

"Given the importance of the Chinese market to our near-term delivery profile, as well as future orders which influence future production rates, we will continue to engage with leaders in both countries to urge a productive dialogue, reiterating the mutual economic benefits of a strong and prosperous aerospace industry," Calhoun told analysts on the Boeing's first quarter earnings call. "China represents 25% of the global growth in our industry over the next decade."