A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
Online travel company Booking Holdings has dropped out of Facebook's libra, joining a growing list of firms who have exited the embattled cryptocurrency project.Technologyread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
Investors are set to scrutinize results from Goldman Sachs and J.P. Morgan Chase as banks report third-quarter results starting Tuesday.Financeread more
Morgan Stanley slashed its price target on Netflix to $400 per share from $450 per share, but kept its overweight rating on the stock.Pro Analysisread more
There are at least 10,000 Islamic State prisoners in several camps across northeastern Syria, according to Kurdish and U.S. officials.Politicsread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
The Nobel Prize in Economics was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their research and work on tackling global poverty.Economyread more
Trust Ventures targets tech companies tackling broad public issues but facing high regulatory barriers.Politicsread more
Strains at global investment firm Pimco persist more than six months after the abrupt January resignation of previous co-chief executive Mohamed El-Erian, The Wall Street Journal reports.
Founder Bill Gross, the face of a firm that manages $1.97 trillion and its star investor, has threatened to quit more than once since El-Erian's March departure, sources tell the paper.
It's been a tough time for Gross, Pimco's chief economist Paul McCulley said in an interview on CNBC's "Squawk Box" on Tuesday. "I've known Bill Gross almost a quarter century." But McCulley asserted the mood at the firm is positive.
That assessment seems to contradict the Journal, which also said that a group of Pimco senior executives have become so concerned about Gross's dealings with the media that they warned him to stop making public comments. (Read the full WSJ article here.)
McCulley—who came back to Pimco in the spring to bolster the executive ranks after retiring in 2010—said Gross did not have to twist his arm to return. "Pimco is in my blood, my DNA," he said.
"Pimco had been going through some difficult times earlier this year. I spent time with Bill personally as a friend. Out of that discussion came the idea maybe we can find a space that works on both sides of the equation," McCulley said. "So there was no begging going on."
—By CNBC's Matthew J. Belvedere. Staff from @CNBCWorld contributed to this report.