Sears has started to miss payments to vendors after sources said the U.S. department store operator was preparing to file for bankruptcy. Fred Katayama reports.

U.S. President Donald Trump signed the Music Modernization Act to overhaul music licensing practices, and talked with rapper Kanye West about prison reform. Fred Katayama reports.

President Donald Trump said the Federal Reserve is wrong in raising rates but he won’t fire the central bank’s chairman Jerome Powell.

A&G Capital’s chief investment officer predicts the Fed will take steps to ensure the equity markets will bounce back after selling off a bit more. She tells Reuters’ Fred Katayama she sees opportunities in financial and staples stocks.

Antony Currie and Richard Beales discuss a Financial Times report that James Murdoch may become Tesla’s independent chairman, Chief Executive Elon Musk’s Twitter denial – and what both say about the kind of chairman the company really needs.