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
CNBC's Senior Correspondent Scott Cohn Revealed America's Top Five States for Business Today on CNBC & CNBC.com
ENGLEWOOD CLIFFS, N.J., June 24, 2014—CNBC, First in Business Worldwide, today unveiled the results of its eighth annual list of America's Top States for Business with Georgia taking top honors. Georgia scored 1,659 out of 2,500 points.
CNBC Senior Correspondent Scott Cohn reported today live from Stone Mountain, GA and counted down the top five states throughout CNBC's Business Day programming and on CNBC.com. Coverage of America's Top States for Business will continue on-air and online through Wednesday, June 25th.
"Georgia has always been a strong performer in our rankings with its well-developed infrastructure and top notch workforce," said Cohn, who created the annual study and compiled this year's results. "For 2014, a rebounding economy propels Georgia to the top, though the state still has work to do on education and quality of life."
CNBC.com offers a detailed analysis of how Georgia claimed the top spot including a complete economic snapshot (employment, budget, tax and housing data). The rankings for all 50 states are available at topstates.cnbc.com. In addition, the site also has exclusive stories and slideshows including State Winners and Losers in the Jobs War, Top States for Innovation, and Comeback States, among others.
Follow us on Twitter @CNBC and take part in the social conversation surrounding CNBC's top states coverage using hashtag #TopStates.
To determine the rankings for America's Top States for Business, each state was scored—using publicly available data—on 56 different measures of competitiveness. The initial metrics were developed in cooperation with business groups including The National Association of Manufacturers and The Council on Competitiveness. The formula is regularly updated with input from economic development experts, the states themselves, and the CNBC Global CFO Council. States received points based on their rankings in each metric, which were then separated into ten broad categories. The categories are weighted based on how frequently they are cited as selling points in state economic development marketing materials. That way, CNBC grades the states on the criteria they use to sell themselves.
America's Top 5 States for Business:
1. Georgia (Highest Rank - #1 in Infrastructure and Workforce; Lowest Rank - #32 in Quality of Life & Education)
2. Texas (Highest Rank - #1 in Economy and Infrastructure; Lowest Rank - #37 in Quality of Life)
3. Utah (Highest Rank - #1 in Access to Capital; Lowest Rank - #46 in Education)
4. Nebraska (Highest Rank - #3 in Business Friendliness; Lowest Rank - #40 in Technology & Innovation)
5. North Carolina (Highest Rank - #4 in Economy & Workforce; Lowest Rank - #34 in Quality of Life)
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/programming/cnbc.