The world's largest money manager BlackRock's assets increased to a record high in the first quarter despite volatility in financial markets.
Investor Kyle Bass believes a short-term recession may be a necessary step to stabilize and reposition the U.S. economy for long-term strength.
Switzerland's main banking lobby on Friday said the Swiss economy could face serious consequences if UBS were driven away.
President Trump's trade war for now is now clearly all about one country: China.