Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Stocks in Asia edged up Monday afternoon as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The hearing will now begin next Monday to allow time for the completion of a previous trial that revolves around former 1MDB unit SRC International, a Kuala Lumpur High Court...Asia Newsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
As Virgin America's stock was taking flight in an IPO on the Nasdaq, CNBC's Jim Cramer recommended Friday that investors steer clear.
"I don't want to touch that one. I mean, there's plenty of good airlines," he said on "Squawk on the Street. " "You don't need to be involved in this one. Go with the ones that, I think, have really proved themselves in this period."
Nonetheless, Virgin America's initial public offering was priced at $23 per share, according to an underwriter, valuing the low-cost airline, partly owned by Richard Branson, at $993.6 million.
By midmorning, it was trading at $29.39 a share, raising the market capitalization to $1.3 billion.
Virgin America is the U.S. offshoot of Branson's London-based Virgin Group. The billionaire entrepreneur, through VX Holdings LP, will own 24.8 percent stake after the offering. Hedge fund Cyrus Capital Partners LP with 32.8 percent is the biggest shareholder.
—Reuters contributed to this report.
DISCLOSURE: When this story was published, Cramer's charitable trust did not own American Airlines, Virgin America or Spirit Airlines.