While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
"You're trapped. Every individual you know is finally saying, 'I got to get in … I missed it,'" Welch said in a "Squawk Box" interview, lamenting about U.S. stocks being the only investment choice with any shot at reasonable returns.
He also addressed Wall Street's obsession with the U.S. Federal Reserve tapering its massive quantitative easing bond-buying program. " 'Taper' is a funny word. We ought to be talking about what we're spending," he said. "They're not there as much, but they're still there."
(Read more: Regulators size up Wall Street, with worry)
The latest round of QE has undergone to reductions of $10 billion each in December and January. The Fed is current pace of monthly asset purchases stands at $65 billion.
The next central bank policy meeting—a two-day affair accompanied by Janet Yellen's first news conference as Fed chair—is scheduled for next week. Following the meeting, the Fed will also release economic projections.
Investors will be looking to see whether the central bank thinks the recent economic slowdown can be attributed to more than just this year's brutal winter.
(Read more: Cramer deciphers confusing market message)
The U.S. economy has not changed in the last 12 months, said Welch, executive chairman of the Jack Welch Management Institute at Strayer University. "You've got a 2 percent economy," he said, though he said he does see signs of optimism.
While blaming the weather for skewing numbers in the first quarter, Welch added that the economy is more likely to grow at 3 percent than 1.5 percent going forward.