US equity-index futures dropped and safe haven assets edged up Monday following President Donald Trump’s weekend declaration of a 30% tariff on goods from the European Union and Mexico.
The Federal Deposit Insurance Corp. said some US banks incorrectly reported the amount of their uninsured deposits after dozens of lenders restated the figures amid increased scrutiny of such funds.
Treasury Secretary Janet Yellen chided China for “unfair” treatment of American and other foreign companies and said its factories risk producing more than the world can easily absorb, as she…