Michael RaceBusiness reporter, BBC NewsGetty ImagesThe US and China have agreed a truce to lower import taxes on goods being traded between the two countries.The agreement marks a major de-escalation of the trade war between the world's two biggest economies, which has sent shockwaves...

Michigan State Rep. Mai Xiong (D-Warren) responded forcefully after House Speaker Matt Hall (R-Richland Township) insulted her publicly. During a press briefing, Hall called her “a very low IQ representative” and “probably one of the dumbest ones in the Legislature.”The remarks came after Xiong...