Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Markets in Asia fell on Wednesday morning after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Oil experts forecast crude prices will decline this fall to levels where many shale producers could be unable to make money, and some see prices staying very low through the end of the year, according to a new CNBC Oil Survey.
The analysts and traders surveyed were far gloomier in their outlook for U.S. crude prices than they were just a few months ago, with a majority now forecasting prices for West Texas Intermediate will drop to between $30 and $40 per barrel this fall and stay low into the end of the year.
The survey also found that 43 percent see a break-even price for the U.S. shale industry of $45 to $55 per barrel, well below where many expect prices in the next couple of months.
Another 24 percent estimated the level where drillers make money is even higher - at $55 to $65 per barrel. But 20 percent see break-even prices at $45 or less and half of those see them below $35 per barrel.