The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Wall Street's top stock strategists expect the S&P 500 to gain about 6.5 percent from current levels by year-end, but those forecasts face a formidable challenge in the next couple of weeks from corporate earnings season.
A negative outlook for company earnings is already baked in with expectations for the first profit decline in six years. But if the outlook does not brighten for the economy and earnings later in the year, some of Wall Street's rosiest forecasts are at risk.
The average forecast in CNBC's Market Strategist Survey of 15 top Wall Street equity strategists is 2,220 for the S&P 500. The index was trading at around 2,080 midday Thursday, after starting the year at 2,059 for a gain so far of just 1 percent.