Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.World Politicsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Just five components of the Dow Jones Industrial Average were on track for May gains as of Thursday afternoon trading, yet another reflection of the effect the U.S.-China trade war is having on Wall Street.
UnitedHealth, Pfizer, Travelers, Merck and McDonald's were the only stocks of the Dow 30 in positive territory for the month as of noon Thursday, with the broader index well on its way toward its first month of losses in 2019. Dow, 3M, Intel, Caterpillar and Apple, the worst performers in May, were each down at least 11% for the month on May 30.
The blue-chip Dow has shed more than 1,400 points (5.5%) during the month as a breakdown in trade relations between Washington and Beijing triggered the implementation of new import tariffs by both nations.
The Trump administration has also barred American tech firms — as well as overseas allies — from working with Chinese telecommunications giant Huawei.
China has in turn made veiled threats to curb its exports of rare earth metals to the U.S., a move that could potentially cripple high-tech firms like cellphone and electric car makers.
Those developments have sent shockwaves reverberating across Wall Street as fears of a global economic slowdown sent traders fleeing from companies with significant Chinese sales exposure.