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
"The Champagne should probably be kept on ice, at least until the two presidents put pen to paper," said state-owned media China Daily.Traderead 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.K. and EU are gearing up for what could be the busiest week in British politics since June 2016.Europe Politicsread more
"It seems like what the two leaders have done is try to set some of the thorny political issues to the side," said Dhruva Jaishankar, director of the U.S. Initiative at the...Asia Politicsread 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
The United States has cleared the final procedural hurdle in order to impose tariffs on billions of dollars of European products later this month.World Economyread 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
Ralph Nader is at it again. No, not running for president, but rather slamming Liberty Media CEO John Malone as Charter Communications signs a deal to buy Time Warner Cable in a $55 billion cash and stock deal.
"Let's put it this way," Nader said on CNBC's "Fast Money," "John Malone became a multibillionaire not by being known as a consumer advocate and a believer in competition. This is all about concentrating power in eventually three giant cable companies that will control the bulk of cable business in this country."
Malone controls about a quarter of Charter Communications through Liberty Broadband, which will back financing for the deal. According to Forbes in 2014, Malone's net worth hit $7.7 billion and is likely to grow with the solidification of this new cable deal.
"This is a typical John Malone maneuver; empire building, monopolization advancing, and buying your customer base instead of winning your customer base by better competition," said Nader.
And this isn't the first time that Nader has gone after Malone. Last year, he called Malone's below-market-value bid for full control of SiriusXM radio "ludicrous." He even called on billionaire investor Carl Icahn to take note in what he thought was an unfair deal. Ultimately, Malone pulled his bid.
This time, Nader didn't just blame Malone, but pointed to the failures of the FCC, saying that Chairman Tom Wheeler "showed his hand too early." Nader said that the $2 billion breakup fee that was a part of the bid was a clear signal that the lawyers for the deal and the Justice Department are on the same page ahead of any official approval."
"I don't see anything good for consumers on this one," said Nader.
A spokeswoman for Malone declined to comment.
The Charter Communications-Time Warner Cable deal was announced Tuesday, a month after Comcast abandoned a bid for TWC in the face of opposition by the FCC.
Disclosure: Comcast is the owner of NBCUniversal, the parent company of CNBC and CNBC.com.