Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. stock index futures point to a higher open on Monday morning as the White House sought to calm investors over growing concerns about the U.S. economy.US Marketsread more
Ahead of the deadline, U.S. President Donald Trump told reporters that Huawei was a national security threat.Technologyread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Baidu is gearing up to release its second-quarter earnings on Monday with the market expecting a sharp decline in profit.Technologyread more
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
Stocks in Asia rose on Monday as U.S. Treasury yields bounced higher after plunging last week.Asia Marketsread more
The problem with tanking equities lies elsewhere, writes Michael Ivanovitch, because traders see no end to America's unfolding trade disputes with Europe and China.World Economyread more
Beijing wants to use reforms to support a slowing economy.China Marketsread more
Evelyn (Evie) Stevens didn't fall in love with biking as a kid. She was athletic and enjoyed sports. But racing two wheelers? That was her sister Angela's territory.
"She's always been a cycling enthusiast." Stevens told CNBC. "I never understood what she was so into when she talked about these cycling races."
Stevens, a Massachusetts native who played tennis at Dartmouth, humored her sister and brother-in-law by joining them on a cyclo-cross race in San Francisco in the fall of 2007. She was 24 years old and had never competed in cycling before. She didn't win a medal but she did embrace her sister's passion for the sport.
About a month after returning home to New York City, Stevens bought herself a bike. Still she wasn't exactly on the fast track to becoming a professional cyclist. "In the beginning, I was so nervous to ride it outside that I just had my purses, my clothing hanging on it," Stevens said.
Plus, her job on Wall Street didn't leave her much time to pedal around town. She was working at investment fund Gleacher Mezzanine having left Lehman Brothers shortly before the firm filed for bankruptcy. It was 2008 and the entire financial industry was spiraling out of control. That's when Stevens made the wise decision to start riding that bike. "And then I was kind of hooked," Stevens said. "I started racing all summer."
And she started winning—small purses at first, like $60 in cash-- nothing compared to her Wall Street salary. But she had been saving all of her bonuses from work and was now stashing the additional cash in a special place. "I kept all my prize money in its envelopes in my underwear drawer," Stevens explained. "I don't know why," she said with a laugh. "I had like $2,000."
In 2009, she decided she had enough money to put her financial career on hold— just for a year, she thought—to see if she could make it as a professional cyclist. Just before that, she'd found a mentor in 1984 Olympic gold medal cyclist, Connie Carpenter-Phinney. She moved out of her apartment and started training more seriously to improve her technique and riding etiquette. That was six years and countless medals ago. Since then, she's ridden on top teams like HTC Columbia Women and Team Specialized-lululemon.
She is currently a member of the Boels-Dolmans cycling team with aspirations of winning the World Championships and 2016 Olympics. After that, she says she'll probably return to something in finance.
"I'm 32 now. I've been in it for a while," Stevens said quickly adding, "I think I've left the cube."
Top 5 take aways from Evie Steven's careerchange