Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Markets in Asia fell on Wednesday morning after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
Gabriel Plotkin, one of SAC Capital's leading portfolio managers, plans to leave the embattled firm at the end of the year to start his own hedge fund, according to sources.
Plotkin, who managed one of the firm's biggest portfolios, has been in talks with SAC founder Steven Cohen about his desire to start a new fund for some time, the sources told CNBC on Thursday.
Cohen will invest more than $200 million in Plotkin's new venture, The Wall Street Journal reported Thursday.
JPMorgan hedge fund unit Highbridge Capital Management recently hired two portfolio managers from the firm to manage money for its stock trading funds, according to The New York Times.
SAC had about 1,000 employees before it began to shrink due to a combination of layoffs, office closings and traders departing, according to the Times report. The hedge fund now employs about 850.
—CNBC's Kate Kelly contributed to this report.