Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
The end of the Fed's easy-money policy is a primary concern among high net worth clients, Morgan Stanley Wealth Management's global head of alternative investments said Monday.
"I think with the end of quantitative easing, they're being much more concerned about volatility, and they're starting to embrace illiquidity again," Colbert Narcisse said on CNBC's "Halftime Report. "
Narcisse said that there has been "a tremendous increase" in private equity flows and toward hedged assets. "So, I think they're trying to figure out a way to dampen the volatility and also provide some portfolio diversification."
Interest rate increases from the Federal Reserve would probably come in the first or second quarter of 2015, Narcisse added, prompting some investment abroad.
"We still think there are tremendous opportunities in the U.S. It's the biggest, broadest market," he said. "But we're also starting to see some interest in Western Europe. So, the banks aren't necessarily deleveraging, but we're starting to see opportunities in real estate and other, sort of, nonperforming assets."
Narcisse, who was previously CEO of Gold Bullion International, said that there were "still opportunities" in gold as a safety trade there. "But I think there are other things that could provide for clients, especially with their need for income, in this market environment."
With a fund comprising 56 percent equities, 22 percent alternatives, 19 percent bonds and 3 percent cash, Narcisse said that the eventual end of QE necessitates a look at investment areas other than in stocks.
"I think there a number of people who think equities have been overvalued. It's been a nice run fueled by interest rates," he said. "The party's going to end. The party always ends. We want it to end softly, though."