South Korean government says would consider peace treaty with North Korea after denuclearization

Wed, 04/18/2018 - 05:14
A South Korean official reportedly said the country could consider peace talks with North Korea.

Air Force is applying Facebook's retired 'move fast and break things' mantra to its space programs

Wed, 04/18/2018 - 04:32
The U.S. Air Force announced new principles and reforms to its space programs Tuesday, largely to increase speed and defensive capabilities

Carl Icahn has taken a 'medium'-sized stake in VMware, sources say

Wed, 04/18/2018 - 04:30
Activist investor Carl Icahn has acquired a stake in VMware while Dell is considering a reverse merger with the company.

US Commerce Department says aluminum sheet imports from China are subsidized

Wed, 04/18/2018 - 04:06
The U.S. Commerce Department said it made a preliminary determination aluminum sheet imports from China are subsidized.

Liquidators to wind down US department store chain Bon-Ton

Wed, 04/18/2018 - 03:53
Bon-Ton Stores will begin a going-out-of-business sale at its U.S. locations in coming days, two sources told Reuters.

China's ZTE may lose Android license as US problems build

Wed, 04/18/2018 - 03:08
ZTE's U.S. problems deepened on Tuesday, as regulators proposed new rules that could cut into its sales.

Mike Pompeo, Trump's secretary of state pick, met with Kim Jong Un

Wed, 04/18/2018 - 02:51
The meeting marks the highest-level sit-down between the two countries since 2000, the Washington Post said.

Barbara Bush was much more than 'everybody's grandmother'

Wed, 04/18/2018 - 02:18
Barbara Bush was an independent spirit, willing to speak her mind, sometimes bluntly, sometimes with the grace of humor.

Stocks in Asia set to climb after US markets rally on strong earnings

Wed, 04/18/2018 - 01:57
Asian markets were poised for gains on Wednesday, tracking the stronger lead from Wall Street.

Barbara Bush, former first lady and first mother, dead at 92

Wed, 04/18/2018 - 01:43
Former first lady Barbara Bush was only the second woman in U.S. history to be a wife and mother of a U.S. president.

An entrepreneur won a lunch with Warren Buffett. Now he's looking to beat him with cryptocurrency

Wed, 04/18/2018 - 01:21
"I want to make a bet with him that my cryptocurrency index will outperform his portfolio," said Sam Ling.

San Diego County votes to challenge California's 'sanctuary state' law

Wed, 04/18/2018 - 01:14
San Diego County voted Tuesday to join the federal government's legal challenge of California's "sanctuary state" policy.

Forget bitcoin. Now is the time to buy bitcoin cash: Crypto trader

Wed, 04/18/2018 - 00:53
Crypto trader Brian Kelly says now is the time to buy smaller alt-coin bitcoin cash.

Cramer says Snap's stock is too expensive and not growing fast enough—pass for now

Wed, 04/18/2018 - 00:35
Jim Cramer says Snap's stock is too expensive and not growing fast enough. He recommends passing for now.

This Ukrainian Mac product has a cult following — and could hint at Apple's future

Wed, 04/18/2018 - 00:30
Setapp is gaining steam at a time when Apple's future is increasingly in subscriptions, education and enterprise.

Facebook researchers built a device that turns sounds into vibrations on your skin

Wed, 04/18/2018 - 00:21
Facebook researchers are creating a device that could allow users to interpret messages through vibrations.

We're at beginning stages of new bull market: Investment expert

Wed, 04/18/2018 - 00:21
Solid economic foundation will support higher stock prices for three to five years, says Hennion & Walsh's Kevin Mahn.

Cramer: Netflix's meteoric rise is helping the rest of FANG

Wed, 04/18/2018 - 00:12
Jim Cramer pushes back against investors who hate the FANG stocks by tracking the success of streaming giant Netflix.

Trump says legislation needed after Supreme Court ruling on immigrant felons

Wed, 04/18/2018 - 00:10
President Donald Trump said Congress must quickly pass legislation that would permit the deportation of illegal immigrants who commit violent crimes.

Bill Ackman says Newell made 'deal with the devil' in Icahn agreement

Wed, 04/18/2018 - 00:04
Bill Ackman said Sharpie pen maker Newell Brands made a kind of "deal with the devil" in appointing Carl Icahn's board picks.

There may never be another nuclear plant built in the US ever again

Tue, 04/17/2018 - 23:59
Building new nuclear plants has gotten so expensive, there may never be another one built in the US ever again. US News & World Report has the story.

After-hours buzz: IBM, ISRG, UAL & more

Tue, 04/17/2018 - 23:43
See which stocks are posting big moves after the bell.

Elon Musk reportedly raises Tesla Model 3 goal, rips inefficient contractors in internal email

Tue, 04/17/2018 - 23:36
A Tesla email says the company will stop production and make 6,000 Model 3 cars per week by the end of June.

We're in new chapter of Cold War with Russia: Former Defense Secretary Leon Panetta

Tue, 04/17/2018 - 23:22
The U.S. has it make it clear to Putin that there are lines that the U.S. will not allow Russia to cross, says Leon Panetta.

Trans-Pacific trade deal could solve a big problem for Trump, but it may be difficult to rejoin

Tue, 04/17/2018 - 23:21
Prime Minister Shinzo Abe, visiting with President Trump, is expected to encourage the U.S. to reconsider the Trans-Pacific Partnership, while Trump is instead pushing a bilateral deal.

Bitcoin tax day rally is apparently not happening as price drops below $8,000

Tue, 04/17/2018 - 23:04
Despite predictions from Bitcoin bulls that prices would recover after tax day, prices pulled back dramatically below $8,000.

Student activist David Hogg calls for boycott of Vanguard and BlackRock over gunmaker ownership

Tue, 04/17/2018 - 23:00
In a post on Twitter on Tuesday, David Hogg remarked on the firms' ownership of gun maker stocks, adding "if you use them, feel free to let them know."

Treasury Secretary Mnuchin says online tax filers will get extension after IRS payment website outage: AP

Tue, 04/17/2018 - 22:58
The IRS will give last-minute filers additional time to file their tax returns after the page for paying their tax bills using their bank accounts crashed, Treasury Secretary Steven Mnuchin said, according to the Associated Press.

The space industry is growing. Here are two areas to consider for your portfolio: Investor

Tue, 04/17/2018 - 22:53
The space industry is growing. One angel investor recommends two categories to consider for your portfolio.

Republican in tight Arizona race expected to get $75,000 boost from fundraiser featuring Paul Ryan

Tue, 04/17/2018 - 22:52
The event, scheduled for Wednesday on Capitol Hill, is projected to rack up $75,000 for Debbie Lesko's campaign, sources told CNBC.

Facebook should stop playing 'whack a mole' with crises, says activist investor

Tue, 04/17/2018 - 22:41
An activist hedge fund that wants Facebook to set up a risk oversight committee asked fellow shareholders on Tuesday to back the proposal.

Trump says US has had talks with North Korea at high levels

Tue, 04/17/2018 - 22:32
U.S. President Donald Trump said on Tuesday the United States has been having direct talks with North Korea.

Buick unveils electric concept car in China, where the brand is more popular than it is in the US

Tue, 04/17/2018 - 22:31
Buick's electric SUV concept does 0-60 in 4 seconds and has a 370-mile range.

United's first-quarter profit tops Wall Street estimates

Tue, 04/17/2018 - 22:21
United Airlines posted first-quarter profits that topped Wall Street estimates.

A Bon-Ton liquidation jeopardizes U.S. mall owners already in trouble

Tue, 04/17/2018 - 22:01
A Bon-Ton liquidation threatens those landlords with a high exposure to the department store chain.

Eric Schmidt says Silicon Valley will form 'AI principles' for working with the government

Tue, 04/17/2018 - 22:00
As Google employees fret about about becoming engaged in "the business of war," Eric Schmidt thinks the tech industry will likely form a shared set of "AI-principles" on working with the Department of Defense.

Former Ecolab executive will chair Tim Pawlenty's gubernatorial campaign in Minnesota

Tue, 04/17/2018 - 21:57
Tim Pawlenty's campaign becomes the latest in a string of political organizations to bring on board a business executive to chair their organization.

Four-hour drive for a colonoscopy? What VA privatization warnings ignore

Tue, 04/17/2018 - 21:55
Getting veterans the health care they need is a bit of a mess right now and not everyone is sure that privatization is there answer, USA Today reports.

Microsoft's Brad Smith says the company is 'principled' about who it works with

Tue, 04/17/2018 - 21:50
Microsoft's president and chief legal officer said on CNBC's Closing Bell on Tuesday that the company can "pick and choose" its customers.

Morgan Stanley issues warning that the end is near for the bull market

Tue, 04/17/2018 - 21:43
Investors hoping that stimulus will add another leg to the bull market are going to be disappointed, Morgan Stanley says.

IBM set to report earnings after the bell

Tue, 04/17/2018 - 21:42
IBM is expected to report revenue growth for the second quarter in a row.

Trump says it's possible summit with North Korea's Kim won't happen

Tue, 04/17/2018 - 21:39
Donald Trump hopes to hold a summit meeting with Kim Jong Un but it is possible that such a meeting may not happen.

JetBlue flight attendants vote to unionize

Tue, 04/17/2018 - 21:37
JetBlue flight attendants vote to unionize, leaving Delta Air Lines as an outlier among major carriers.

South Korea faces technical roadblock in any peace treaty with North Korea

Tue, 04/17/2018 - 21:36
Pyongyang and Seoul have technically been at war since the 1950 Korean War which ended with a truce — and not a peace treaty.

Amazon would be big winner if internet tax law reversed: Anti-tax crusader Norquist

Tue, 04/17/2018 - 21:34
If the Supreme Court decides to let states collect sales tax on out-of-state retailers, it would harm small businesses, Grover Norquist says.

Shale oil has a refining problem, and Morgan Stanley thinks investors can profit from it

Tue, 04/17/2018 - 21:17
=U.S. oil may soon struggle to find a a home in refineries. Morgan Stanley believes that creates opportunities.

Netflix's latest subscriber growth is just the beginning: Analyst

Tue, 04/17/2018 - 21:10
Netflix added more users than expected during the first quarter. But one analyst says this is only the beginning.

How a social worker-turned-life-coach paid off $28,000 in 10 months

Tue, 04/17/2018 - 21:08
"It felt like freedom."

At Goldman, acquisitions seen as way to boost consumer lending

Tue, 04/17/2018 - 21:06
Goldman Sachs' first-quarter results highlighted strength in its consumer retail business, Marcus.

The 10 US cities where $1 million goes furthest in retirement

Tue, 04/17/2018 - 21:00
Look to the South and Midwest.

A new Pennsylvania poll is filled with bad news for Republicans

Tue, 04/17/2018 - 21:00
With just under seven months until the midterms, Democrats have a lead on the generic congressional ballot in PA.

Sandy Hook parents sue Alex Jones for defamation

Tue, 04/17/2018 - 20:55
Alex Jones and his conspiracy theory website Infowars have long claimed that the killing of 26 people at the Connecticut elementary school was a “giant hoax," The New York Times reports.

Twitter is surging and the charts are pointing to an even bigger rally

Tue, 04/17/2018 - 20:45
Twitter shares are about to flock higher, according to one trader who sees a rally in the charts.

Top Trump economic advisor Larry Kudlow denies confusion over Russia sanctions

Tue, 04/17/2018 - 20:41
White House economic adviser Larry Kudlow said the United States had imposed a set of sanctions on Russia and was considering other measures.

Chinese electronics giant Huawei signals a change in tactics after failing to crack US market

Tue, 04/17/2018 - 20:31
The Chinese telecom giant, which has been dogged by concerns about its ties to Beijing, dropped its top Washington liaison and other American employees, the New York Times reports.

New York wants cryptocurrency exchanges to explain themselves, Winklevoss says he'll comply

Tue, 04/17/2018 - 20:30
The New York State Attorney General's office requested information from 13 cryptocurrency exchanges on Tuesday in an effort to better understand investor risks, a release said.

Trump moves to cancel student loan debt for disabled veterans

Tue, 04/17/2018 - 20:13
Tens of thousands of disabled veterans could be carrying student loan debt. Now, relief is coming for some.

Media watchdogs slam Fox News host Sean Hannity for not disclosing Michael Cohen relationship

Tue, 04/17/2018 - 20:07
Hannity said on Monday that he may have exchanged money with Cohen in order to grant attorney-client confidentiality.

Arming the world: Inside Trump's 'Buy American' drive to expand weapons exports

Tue, 04/17/2018 - 19:53
President Donald Trump pushed the emir of Kuwait to help close an arms deal on behalf of Boeing, Reuters reports.

Take a peek at what Jeff Bezos does when he’s not at Amazon: pancakes and movie

Tue, 04/17/2018 - 19:49
It includes a social media lovefest with The Rock.

Starbucks to close all company-owned stores on the afternoon of May 29 for racial-bias education day

Tue, 04/17/2018 - 19:47
Starbucks said that it will close all of its company-owned locations in the U.S. in the afternoon on May 29 to conduct a racial-bias education program.

Fed's Evans backs 'patiently' raising interest rates in absence of inflation

Tue, 04/17/2018 - 19:40
Rates can go up in a gradual manner without causing the economy to overheat, Chicago Fed President Charles Evans said.

Southwest flight makes emergency landing in Philadelphia after engine damaged

Tue, 04/17/2018 - 19:25
Southwest confirmed that flight 1380 was diverted to Philadelphia, but did not provide any further information on the reason.

How much money you have to save each month to be a millionaire by age 67

Tue, 04/17/2018 - 19:17
It's less than you may think.

AMD and Caterpillar are among the stocks that could be big earnings season winners, according to Wall Street analysts

Tue, 04/17/2018 - 19:12
Some industrial and semiconductor stocks could get a boost from their upcoming earnings reports as stock analysts step up their expectations, according to analysis from MKM Partners.

Fake video news is coming, and this clip of Obama 'insulting' Trump shows how dangerous it could be

Tue, 04/17/2018 - 19:00
A new video "featuring" the former president saying salacious things is showing how modern video editing makes it easy to manipulate reality.

Activist investor McGuire says this small-cap materials stock could triple

Tue, 04/17/2018 - 18:59
Marcato Capital Management's Mick McGuire said that Rayonier Advanced Materials' stock price could triple as the company integrates its recent acquisition of Tembec.

Farm state senators tell EPA to stop giving big oil refiners a pass on biofuels rules

Tue, 04/17/2018 - 18:54
Bipartisan lawmakers are asking EPA to stop issuing waivers that allow refiners to avoid biofuel blending obligations.

Blue Harbour's Robbins: Value investing will make a comeback

Tue, 04/17/2018 - 18:39
Blue Harbour Group CEO Cliff Robbins says value investing will benefit from tax reform.

Here’s why Big Blue could break out on its earnings this week: Trader

Tue, 04/17/2018 - 18:28
IBM is set to report earnings after the bell Tuesday, and some traders are betting the stock could be poised for a breakout on the results.

Here’s what it costs restaurants when a foodborne illness outbreak occurs

Tue, 04/17/2018 - 18:27
A single foodborne illness outbreak could cost a restaurant millions, according to a study from Johns Hopkins.

This generation of workers is most stressed — and it's not millennials

Tue, 04/17/2018 - 18:22
A new LinkedIn survey sheds light on how stress levels are affected by age and income among professional workers.

Home prices have risen 114% since 1960—here's how much more expensive life is today

Tue, 04/17/2018 - 18:17
"Rent, home prices and college costs have all increased faster than incomes."

IRS tax payment site down, as agency works to resolve issue

Tue, 04/17/2018 - 18:12
Don't look now, but the IRS's Direct Pay page is down.

Stormy Daniels offers $100,000 reward for identifying 'thug' who allegedly threatened her over Trump tryst

Tue, 04/17/2018 - 18:09
Thereward offer comes a week after Trump's lawyer Michael Cohen had his office and home raided by the FBI for his files.

If you put $1,000 in Netflix in 2007, here’s how much you’d have now

Tue, 04/17/2018 - 18:02
The video-streaming service continues to expand.

Anyone can see when you send money to friends with Venmo — here's how to make it private

Tue, 04/17/2018 - 18:00
If you use Venmo to send money to friends, anyone can see the recipient's name, date, and purpose of each transaction. Here's how to make them private.

Struggling California Republicans are eager for a comeback – and Kevin McCarthy is in prime position to lead it

Tue, 04/17/2018 - 18:00
If Rep. Kevin McCarthy becomes the next House speaker, the move could be good news for California agriculture.

Barack Obama worked at Baskin-Robbins — plus 7 other celebrities who had fast food gigs

Tue, 04/17/2018 - 17:57
Pharrell got fired from McDonald's three times.

Supreme Court restricts deportations of immigrant felons

Tue, 04/17/2018 - 17:53
The U.S. Supreme Court ruled on Tuesday that an immigration statute requiring the deportation of noncitizens who commit felonies is unlawfully vague.

How to answer the 'What's your salary?' interview question if you're being underpaid

Tue, 04/17/2018 - 17:49
Don't be afraid to advocate for the pay you deserve.

Passengers are livid after airline cancels Mexico flights, tells them to find another way home

Tue, 04/17/2018 - 17:45
Sun Country Airlines cancelled flights due to inclement weather but offered no alternatives to their customers, USA Today reports.

Debt could dissuade students, hurt U.S. economy, says Fed official

Tue, 04/17/2018 - 17:43
Philadelphia Federal Reserve President Patrick Harker said rising debt levels could dissuade students from pursuing higher education, buying homes and funding other investments.

Domino’s will now deliver your pizza to a park bench, beach or sports field

Tue, 04/17/2018 - 17:36
If you're hungry and hanging out at the beach and don't want to move, then Domino's will now deliver a pizza to you

Secretary Wilbur Ross: Creating a 'one stop shop for space' at the Commerce Department

Tue, 04/17/2018 - 17:30
Commerce Secretary Wilbur Ross said his department will become "a one stop shop" for the burgeoning space industry.

Bernstein analyst is 'skeptical' about Tesla Model 3's profitability, predicts stock drop

Tue, 04/17/2018 - 17:30
Bernstein reiterates its market perform rating for Tesla shares.

Starboard Value's Jeffrey Smith: Newell Brands is 'extremely undervalued'

Tue, 04/17/2018 - 17:10
Starboard Value CEO Jeffrey Smith is optimistic over his firm's investment in Newell Brands.

House GOP leader: Contrary to reports, Trump doesn't look bothered by Comey book or Cohen investigation

Tue, 04/17/2018 - 16:50
"I was just at dinner the other night with the president. You would not know any of this other stuff is going on," House GOP leader Kevin McCarthy says.

Another blowout quarter for Netflix, but a couple of analysts see some risks for the stock

Tue, 04/17/2018 - 16:49
Netflix reported strong quarterly numbers, but a couple of Wall Street analysts see risks for the company.

These are the 20 best small American cities for starting a business

Tue, 04/17/2018 - 16:48
Small-business confidence is surging, but where should you set up shop?

Tax-cut riches have gone to execs and investors over workers by nearly three-to-one margin

Tue, 04/17/2018 - 16:48
Employers appear to be using proceeds from corporate tax cuts to continue the practice of rewarding shareholders and executives over workers. In the first quarter of 2018, corporate America dedicated $305 billion to stock buybacks and cash takeovers compared to $131 billion in pre-tax wage growth, according to market and economic data firm TrimTabs.

Fed's Williams sees U.S. inflation at or above goal for years

Tue, 04/17/2018 - 16:40
San Francisco Federal Reserve Bank President John Williams said he expects U.S. inflation to rise to the U.S. central bank's 2-percent goal this year and to continue at that goal for a couple of years.

GOP Rep. Charlie Dent says he will leave Congress earlier than expected

Tue, 04/17/2018 - 16:40
Rep. Charlie Dent, R-Pa., announced Tuesday that he will leave Congress in the "coming weeks."

Utilities boost US industrial output in March, while factory growth was sluggish

Tue, 04/17/2018 - 16:30
Industrial production rose 0.5 percent in March as a rebound in utilities from the prior month's weather-related decline offset sluggish output of machinery and food products.

US Supreme Court rules that Microsoft email privacy dispute is moot

Tue, 04/17/2018 - 16:25
The Supreme Court dismissed Microsoft's privacy fight after Congress passed legislation that resolved the dispute.

This is CNBC's first-ever broadcast from April 17, 1989

Tue, 04/17/2018 - 16:15
Exactly 29 years ago, CNBC went on the air for the first-time ever. This is video of the debut broadcast from April 17, 1989.

Fund managers cut stock holdings as many see market peaking: BofA survey

Tue, 04/17/2018 - 15:44
Fund managers' allocation to stocks is at an 18-month low, and many believe the market has peaked or will peak this year.

Hedge fund manager Cliff Robbins reveals investment in software company Open Text

Tue, 04/17/2018 - 15:30
Robbins delivered his comments at the 13D Monitor Active-Passive Investor Summit in New York.

How a Trump-China trade war could hurt the tech sector

Tue, 04/17/2018 - 15:24
If trade tensions escalate, there are more ways the technology sector could be hurt by tariffs and other regulations, analysts says.