China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
Apple CEO Tim Cook was the commencement speaker at Tulane University Saturday. In his speech, the tech executive focused on the importance of addressing climate change and...Power Playersread more
Some analysts see streaming services like Netflix becoming hindered by one of the things that made them so popular in the first place — binge watching.Entertainmentread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
There is a shortfall of cybersecurity workers that could reach as high as 3.5 million unfilled roles by 2021. A start-up called Synack provides crowdsourced security, and...CNBC Disruptor 50read more
Yardeni Research's Edward Yardeni recommends investing in U.S. companies with exposure to China.Trading Nationread more
CNBC and SurveyMonkey's latest small business optimism index echoes that sentiment, finding 52 percent of small businesses say it's harder to find workers today than it was a...US Economyread more
CNBC combed through Wall Street research over the last week to see which stocks analysts say have the best risk-reward.Marketsread more
Western Union is not panicking, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the $689 billion remittances...CNBC Disruptor 50read more
Puerto Rico's public transit system will shut down on Monday if lawmakers do not increase a tax on oil, the U.S. commonwealth's Government Development Bank said, in what would be a major escalation of the island's debt crisis.
The possible shutdown of Puerto Rico's buses and commuter train services threatens a fragile economy and would be a further blow to residents already facing budget cuts.
"The HTA (Highways and Transportation Authority) does not have sufficient income or liquidity to meet its payroll obligations for December," the bank said in a statement. "Given this fiscal picture, as indicated by the governor, public transport services will close next Monday."
Without proceeds from a bond sale that the oil tax hike is intended to back, the island could also lack the liquidity to meet government emergencies in 2015, the GDB said in a statement on Wednesday. It has contingency plans to postpone loans for public works and stop disbursement of municipal and government loans, it said.
Governor Alejandro Garcia Padilla has been unable to convince enough members of his own party to back a 68 percent increase to a tax on crude oil, which was expected to be passed last week. He convened a special session of the legislature on Monday, but lawmakers called a recess until Dec. 1.
Puerto Rico has delayed a bond sale of up to $2.9 billion until early 2015 which it had been aiming to complete this year using the proceeds of the oil tax increase. The government planned to increase its tax on crude oil to $15.50 per barrel from $6.25 to raise $178 million a year to back the bonds.