Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
Kudlow pointed to strong retail sales and low unemployment as signs that the U.S. economy remained strong.Marketsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Investor Jeffrey Gundlach of DoubleLine recently increased his holdings of Puerto Rico's debt, but that's no reason for the average investor to think about jumping in, a municipal bond expert said Tuesday.
Investing in Puerto Rico junk debt is "not for the faint of heart," said Alexandra Lebenthal, CEO of the municipal bond franchise Lebenthal & Co. "It is a scary time," she added.
"The government may be shut down, so we may be looking at potential default across every issuer in Puerto Rico," Lebenthal said in an interview with CNBC's "Power Lunch. " "Restructurings are more than likely coming, and some defaults are definitely coming, too."
As for investors who are already in the Puerto Rico debt market, she said there is a bright side. "So many of these bonds are insured, and that is the silver lining," Lebenthal said. "Those insured bonds, even in default, the insurance company will pay interest on time and will pay principal on time."
Gundlach increased his holdings of junk-rated Puerto Rico general-obligation bonds to $45 million as of March 31. That's up from $20 million in February, according to a Bloomberg report.