Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Go ahead and say it to her face—she dares you.
The woman in charge of overseeing Obamacare will be in the gallery at the Supreme Court for oral arguments Wednesday morning, in a case that threatens to unravel the landmark health-care reform law, sources told CNBC.
Health and Human Services Secretary Sylvia Burwell's planned attendance at the high court underscores just how big of a danger the case known as King v. Burwell is for the goals of the Affordable Care Act. It is unusual, to say the least, for a cabinet-level official to attend Supreme Court arguments for a case related to their department.
Plaintiffs in the case claim that tens of billions of dollars earmarked to help more than 7 million people buy Obamacare health insurance plans this year is illegal because it is issued for plans sold on the federally run HealthCare.gov exchange. That marketplace serves 37 states.
The plaintiffs argue that the Affordable Care Act, as written, only allows such federal subsidies, or tax credits, to be awarded to customers of an exchange run by an individual state.
Burwell and the Obama administration have scoffed at that argument, saying the subsidies were meant to be available to people across the U.S., regardless of whether they bought plans on a federal or state marketplace. The subsidies, which often greatly reduce the cost of insurance to customers, are available to people with low or moderate incomes.
Read MoreObamacare case's risk for GOP
In a recent report, The Urban Institute said that if the Supreme Court invalidates the HealthCare.gov subsidies, there would be 8.2 million more uninsured people in the U.S. next year. That report also said that the average annual premium for nongroup health plans in HealthCare.gov states would rise by an average of 35 percent, or from $4,130 to $5,590.
The increase in the number of uninsured people would stem from the fact that many current Obamacare customers would find their plans unaffordable. The rise in premiums reflects the expectation that insurers would be left with risk pools from a disproportionate number of older and sicker customers, once healthier and younger customers fled the plans.
The Supreme Court is expected to rule on the case by late June.