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
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread 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
Citigroup stock, which took a hit after the company adjusted its third-quarter earnings, still looks on track to double in the next four years, CLSA bank analyst Mike Mayo said Friday.
"It's been 16 days since Citi reported third-quarter results. In 16 days, they came up with another $600 million write-down," he said. "And so, it's like: Oh, no. Not again. Citigroup needs to stay out of the headlines. Having said that, it's somewhat like what you would say to your kids when they're acting badly, 'I don't like what you did, but I still love you.' I don't like seeing a $600 million write-down, but I still love Citigroup stock."
On CNBC's "Halftime Report, " Mayo said that the stock was still cheap when considering the upside ahead.
"In the theme of Halloween, it's like free candy at these prices," he said.