The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Republican Mitt Romney will not run for president in 2016.
In a Friday morning statement, Romney told supporters he had opted against a run. Romney said his decision not to mount a campaign is "for the best of the party and the nation," according to his prepared remarks.
"I feel that it is critical that America elect a conservative leader to become our next president. You know that I have wanted to be that president. But I do not want to make it more difficult for someone else to emerge who may have a better chance of becoming that president," the remarks said.
The New York Times reported that the former Massachusetts governor is scheduled to have dinner with New Jersey Gov. Chris Christie on Friday evening, suggesting that his support could fall to the as-yet-undeclared Christie candidacy.
Romney was the Republican presidential nominee in 2012, after running an unsuccessful primary campaign for the 2008 election.
After his 2012 loss to President Barack Obama, Romney enjoyed a surge of popularity in his party as some trumpeted his international prognostications—especially that Russia posed a greater threat to global stability than his opponent allowed at the time.
In his prepared remarks to supporters Romney said he thought that a third attempt at the presidency would have been competitive.
"I am convinced that with the help of the people on this call, we could win the nomination. Our finance calls made it clear that we would have enough funding to be more than competitive," the remarks said. "With few exceptions, our field political leadership is ready and enthusiastic about a new race. And the reaction of Republican voters across the country was both surprising and heartening."
"So I am convinced that we could win the nomination, but fully realize it would have been [a] difficult test and a hard fight," Romney's remarks said.
After Friday's announcement, former Florida Gov. Jeb Bush, a potential 2016 presidential candidate, praised Romney.
"Mitt Romney has been a leader in our party for many years," Bush said in a statement. "There are few people who have worked harder to elect Republicans across the country than he has. ... Mitt is a patriot and I join many in hoping his days of serving our nation and our party are not over. I look forward to working with him to ensure all Americans have a chance to rise up."
Florida Sen. Marco Rubio said in a statement that "[o]ver the past two years, there hasn't been a day when I didn't think that Mitt Romney would have been a better president than Barack Obama." Rubio added that he "deeply" respects Romney's "decision to give the next generation a chance to lead."
A statement from Kentucky Sen. Rand Paul said he hopes to work with Romney "to grow our party and lead our country forward."
—Reuters contributed to this report.