Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The U.S. services sector grew at a slower pace for a third straight month in June, as rates of expansion in both new business and hiring eased, an industry report showed on Thursday.
Financial firm Markit said the "flash," or preliminary, reading of its Purchasing Managers Index for the services sector slipped to 54.8 in June, from a final reading of 56.2 in May and short of expectations that called for a 56.7 reading.
A mark above 50 signals expansion in economic activity.
Markit's June reading of new business at service companies fell to 55 from the final reading of 55.7 in May.
Markit's composite PMI, a weighted average of its manufacturing and services indexes, fell to 54.6 in June from 56 in May. Earlier this week, Markit's final read on U.S. manufacturing activity showed slower growth in June.
"The latest flash PMI surveys showed the smallest rise in service sector activity since January and the slowest growth of factory output for over a year and a half," Markit chief economist Chris Williamson said in a statement.