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
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
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread 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 Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
More than 1,000 protesters marched to major foreign consulates on Wednesday calling on leaders at the upcoming G-20 summit to raise the plight of Hong Kong with China and to...World Politicsread 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
The markets have already priced in the quantitative easing that the European Central Bank is expected to do next week and he doesn't think it will be very powerful, David Malpass, president of Encima Global, told CNBC Wednesday.
Therefore, he believes the markets are entering a phase of global rebalancing.
"People will get tired of just being in the U.S. and will take a look at some of the emerging markets, oil, the euro and so on," Malpass said in an interview with "Closing Bell. "
David Hale, chairman of David Hale Global Economics, agrees the market has been discounting the anticipated QE for several weeks.
"Bond yields in Europe are at record low levels. Leaving aside the last few days, stock markets have been resilient. So I do think the expectation of this happening is now broadly in the market because of both comments by [ECB President Mario] Draghi and other members of the monetary policy council."
The European Central Bank meets next Thursday, and Draghi has said the bank is ready to start full-blown quantitative easing.
Hale expects a "decent" amount of QE but said he doesn't think it will work well enough to be stimulative.
"The bond yields are already low, and remember the ECB is going to finance all those bond purchases with bank financing," he said. "In the U.S., 18 percent of bank assets are stuck at the Fed, dead money. So it's not really a good move for Europe that's going to cause stimulus."
Malpass thinks the stimulus will be $500 billion euros.
"The primary impact will come through a falling currency," he said.
He thinks the euro could drop to 1.1 against the U.S. dollar and "if things get bad enough going out six months or nine months, it might even be parity with the U.S. dollar."