China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday — breaching a key psychological level.Bondsread more
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.The Fedread more
Meatless alternatives are on the rise, fueled by startups and companies. CNBC's Uptin Saiidi tried out 21 days as a vegetarian and explores whether this is a fad or the future...Food & Beverageread more
Amazon and Blue Origin founder Jeff Bezos gave more insight into his space company's lunar plans on Wednesday.Technologyread more
Cha-ching! That's the sound of a massive check hitting Sue Ann Arnall's bank account.
She has just cashed a personal check for $974.8 million, written by one Harold Hamm, her billionaire ex-husband and chief executive of oil driller Continental Resources, Michael Burrage, Hamm's attorney, told CNBC.
"We have been advised by Morgan Stanley that Ms. Arnall deposited the check this afternoon," Burrage said.
It's unclear whether the check's cashing will end the bitter divorce proceedings, but it's likely that accepting the benefits of the settlement will end the appeal process.
Arnall's lawyers did not immediately respond to requests for comment.
Arnall's legal team had previously rejected Hamm's offer to pay the full cash value of what he owes, based on a November divorce ruling. Both Arnall, who was formerly Sue Ann Hamm and resumed using her birth name after the divorce, and Hamm had appealed the November divorce judgment.
Arnall, a former Continental executive who was married to Hamm for 26 years, contends that her award of around $1 billion in cash and assets was inadequate and allowed Hamm to keep the lion's share of a fortune her lawyers valued as high as $18 billion.
Hamm had already paid his former wife more than $20 million during the divorce proceedings.
Hamm's appeal contends that the $1 billion award was too steep. Hamm has lost billions tied to the value of his 68 percent stake in Continental in recent months, which his legal team blames on the sharp fall in oil prices.
—Reporting by CNBC's Lori Ann LaRocco, Jim Forkin and Ryan Ruggiero. Reuters contributed.