The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
OPEC talked down the oil market, sending crude sharply lower, while warm weather and growing supply battered natural gas prices.
West Texas Intermediate futures for February fell more than 3 percent, or $1.87, to $55.26 per barrel, as traders reacted to comments from Saudi Arabian Oil Minister Ali al-Naimi. Natural gas fell more than 9 percent to $3.144 a million British thermal units in the biggest one-day drop since February.
Naimi and other officials attending an energy conference in Abu Dhabi reaffirmed OPEC's decision to hold output at current levels. He said the steep drop in oil prices was due to the lack of coordination among other non-OPEC producers as well as speculators and misleading information.
Naimi said it was not in the interest of OPEC to cut production, no matter what the price is. "Whether it goes down to $20, $40, $50, $60, it is irrelevant," he was quoted as saying.