Top trade officials from the United States and China spoke on Monday, part of a six-month checkup on the status of a trade deal that both countries signed in January. The United States 10-year Treasury note slumped in price, oil benchmarks were mixed as traders watched the progress of tropical storms in the Gulf of Mexico , and gold was slightly lower. Global stocks were buoyed on Tuesday by signs of warmer trade relations between the United States and China . Epic’s lawsuits accuse Apple and Google of violating antitrust laws by forcing app makers to use their payment systems. At root are the fees Apple and Google charge app developers to sell apps in their marketplaces — a 30 percent cut.

Source: New York Times August 25, 2020 10:29 UTC