The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
More than 70,000 fans are expected to fill Levi's Stadium in Santa Clara, California, this weekend and maybe a million more will tune in on TV for the WWE's biggest event of the year—Wrestlemania.
Hulk Hogan, arguably the sports most recognizable name, told CNBC the industry he helped build is faring better than ever.
"When I started this thing 30 years ago with Vince McMahon, I never dreamed 31 years later, we would be running bigger than ever," Hogan said on CNBC's "Squawk Alley."
Read More Sweet 16 a slam dunk for advertisers
There's big business behind WWE's flagship event that Hogan says is like "the Super Bowl, but times 1,000." Last year, more than a million people paid to access WWE's Wrestlemania via pay-per-view and the WWE's new digital network.
The host city, New Orleans, generated a record-breaking $142.2 million in economic impact for the city and broke the record for the Mercedes-Benz Superdome's highest grossing event as 75,000 fans from 36 countries attended.
Wrestlemania also drives huge traffic to the WWE digital network. It added 667,000 new subscribers following Wrestlemania 30.
For $9.99 per month, the channel provides streaming access to all WWE events, including all 12 live pay-per-view events.
Shareholders have kept the company on the ropes for much of the last year. Shares of WWE have fallen more than 40 percent over the last 12 months, though the stock has bounced 33 percent in 2015.
In January, the network hit the 1 million subscribers milestone. This year, WWE is hoping Wrestlemania 31 will drive even more subscribers as the network has become integral to the overall success of its business.
"It's a whole another world with social media and all the vehicles they have these days—there is no shot that is not heard worldwide," said Hogan.
Clarification: An earlier version of this story misstated the channel's customer terms. The $9.99 price no longer carries a minimum time commitment.