Mnuchin told CNBC that he's confident President Donald Trump and President Xi Jinping can make progress in stalled trade talks.World Economyread more
President Donald Trump's administration hopes additional sanctions on Iran will force the country to negotiate.Politicsread 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
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
Bitcoin surged as high as $12,919 in early morning trade Wednesday, to its highest level since January 2018.Technologyread 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
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread 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
Some 4 million people have fled the South American country since 2015 amid an economic meltdown.World Politicsread more
Japanese designer Undercover posted on its Instagram account a photo of protesters with the slogan "no extradition to China," the Financial Times reported.China Politicsread more
Nike has signed NBA star LeBron James to a lifetime deal, the company said Monday.
The sneaker giant did not disclose the terms of the agreement, but sources told CNBC it is the biggest in Nike's history. In a statement, Nike said its relationship with the Cleveland Cavaliers star "provides significant value to our business, brand and shareholders."
"We have already built a strong LeBron business over the past 12 years, and we see the potential for this to continue to grow throughout his playing career and beyond," Nike said.
Nike aims to build its brand around James beyond his playing career, and is adding more executives and boosting advertising for the unit, sources said. The company sold $340 million of James' shoe line in the 12 months through January 2015, according to SportsScanInfo.
James initially signed with the company out of high school in 2003 for a reported $90 million. The extension announced Monday marks the first time Nike has officially given a lifetime deal, according to sources.
Nike did not immediately respond to a request for comment on the terms of the agreement.
James' lifetime commitment is the latest in high-profile endorsement deals for NBA stars. Nike previously extended its deal with the Oklahoma City Thunder's Kevin Durant last year.
Nike shares rose about 1 percent in extended trading Monday. The stock has climbed about 37 percent this year, the top performer in the Dow Jones industrial average.
— CNBC's Jessica Golden contributed to this report.