President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Timo Weiland immersed himself in investment banking right out of college. As an analyst at Deutsche Bank Securities, he spent long hours at the office pouring through information and meeting with leaders of publicly traded companies. There was just one problem: "It wasn't what I was most passionate about for my life," he told CNBC.
What did he have a passion for? Turns out, it was fashion. Although Weiland had no formal training, he'd picked up the interest and sewing skills from his mother while growing up. He bolted from banking to start a creative consulting company. Through it, he met Fashion Institute of Technology students Alan Eckstein and Donna Kang. In 2009, the trio founded his namesake-clothing brand, Timo Weiland.
Today, their men's and women's lines are sold through about 100 retail locations, including Barneys New York.
The global menswear market is seen growing to $430.4 million by 2016, an increase of 13.9 percent from 2011, according to a report from research firm MarketLine.
Read more on Timo Weiland's job shift below, part of CNBC's "Escaping The Cube."