Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
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
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
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
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
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
You can save money by doing a quick check and unsubscribing from apps you no longer use.Technologyread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread 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
Hillary Clinton unveiled a plan that aims to tackle excessive risk-taking in the financial sector and calls for breaking up too-big-to-fail banks.
The proposal, laid out Thursday, would impose a risk fee on financial firms "that are too large and too risky to manage" and require them to reorganize, downsize or break apart, the Democratic presidential hopeful said.
"I have a plan to build on the progress we've made under President Obama and do just that," Clinton said in a statement. "We can't go back to the days when Wall Street could write its own rules."
The announcement come in advance of Tuesday's first Democratic presidential debate.
The proposals also called for raising the fines that regulators could impose on corporations and their executives, and imposing a new tax on high-frequency trading (HFT).
"These sound like much more meaningful reforms than some of the things she has suggested earlier," said former Federal Deposit Insurance Corp Chair Sheila Bair, currently president of Washington College, in Chestertown, Maryland.
Clinton's HFT tax would target securities transactions with excessive levels of order cancellations, which her campaign said unnecessarily burdens markets and enables unfair and abusive trading strategies.
HFT firms say their trading adds needed liquidity and that such a tax would end up making the markets less efficient and more expensive for all investors.
Earlier this week, Clinton spoke out against the Trans-Pacific Partnership, the 12-nation trade pact that she boosted as secretary of state and that liberals in the Democratic Party have vehemently opposed.
—Reuters contributed to this report.