Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
French soccer clubs have unanimously voted Thursday to go on strike next month in protest of the government's decision to impose a 75 percent tax rate on high-earners.
"There will be a weekend without matches, with an open-day in clubs" Jean-Pierre Louvel, the president of the Union of Professional Soccer Clubs, announced after the vote was taken at a meeting in Paris.
Frederic Thiriez, president of the French Professional Soccer League, which organizes the different French soccer championships, wrote a letter to the French government-sponsored Commission on Sustainable Soccer Wednesday saying "enough is enough!"
"For 18 months now, French professional soccer has been fighting, without being heard, against the 75 percent tax project", added Thiriez, saying the tax is not only unfair and discriminatory, but also threatens the clubs competitiveness and survival.
The 75 percent tax, which was one of President Hollande's election pledges, and will be levied on incomes over 1 million euros ($1.37 million) earned between 2013 and 2014, has sparked a high degree of controversy. Several high-profile French citizens, including actor Gerard Depardieu, have changed their nationalities in protest.
Fourteen clubs would be directly affected by the French tax, including Paris Saint-Germain, whose players and directors face an 44 million euros increase in their tax bills.
It is not the first time French soccer players have gone on strike. In December 1972, players went on a two-day strike that saw five out of ten games cancelled. More recently, the French national team refused to get out of the bus that had taken them to their South African training ground during the 2010 World Cup after one of the players was fired for swearing at the coach.
(Read more: Even French criminals can't escape... the taxman)
This latest action, which will impact First and Second League matches on November 29 and December 2, is unlikely to garner much support from the French public opinion.
According to a BVA survey released on October 13 by Le Parisien-Aujourdh'hui en France newspaper, 82 percent of French people say they have a "bad opinion" on the French national soccer team, with 54 percent expecting them to fail to qualify for the 2014 World Cup in Brazil. Over three quarters of the people polled admitted still think about the South African saga.
Individual players are not spared either, as 86 percent of French people believe football players are overpaid; selfish, at 84 percent; and rude, at 73 percent.
(Read more: Adieu! How France could be losing its elite)
Follow us on Twitter: @CNBCWorld