Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
Art Cashin, UBS director of floor operations at the NYSE, said as long as oil remains above $82, it is supportive of the market.
Stabilization in oil prices, calmed Ebola fears and expectations the Federal Reserve will maintain its dovish, easy-money policy stance have all led to a decent recovery in stocks the past three days after last week's volatile action.
The CBOE Volatility Index, which is a gauge of market volatility, is down four straight sessions, tumbling 36 percent in that time frame after hitting a nearly three-year high Wednesday.
"The stable crude is really amazing," Cashin said. "That's keeping the markets very happy."
WTI crude oil tanked to a two-year low last week, dipping below $80 amid over supply, ebbing demand and a rising U.S. dollar. Oil does not usually drive the market, but falling prices highlight broader concerns about deflation, or declining prices.
"On the not-quite-as-contagious Ebola front, the airlines are flying again," Cashin noted. "They [traders] figure people will be flying."
Airlines, and transportation stocks in general, have led the market rebound since major averages bottomed Wednesday. Delta Air Lines and United Continental, for example, are up 14 percent over the past four sessions.
The Fed meets next week and market watchers are questioning whether it will remove a key phrase that says it will keep the Fed Funds Rate low for a "considerable time" as concerns about global growth heightened last week.
"This is a perfect opportunity for them to take that out," Cashin said. "They've had some internal discussion."
Stocks, which have benefited from the Fed's easy-money policy, jolted last week after St. Louis Fed President James Bullard said the Fed should consider prolonging quantitative easing, or QE, beyond the October meeting. Most market observers do not expect an extension of QE past October; however, they anticipate guidance may change on timing of a rise in rates.