"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
U.S. aviation officials believe a bird strike may have led to the deadly crash of an Ethiopian Airlines Boeing 737 Max in March, according to a person familiar with the...Aerospace & Defenseread more
CNBC's Jim Cramer says Morgan Stanley cutting its worst-case forecast on Tesla so drastically from $97-per-share appears to be a gimmick.Investingread more
The Time's Up Legal Defense Fund, the American Civil Liberties Union and fast-food workers coalition Fight for $15 said Tuesday that they have filed 23 new complaints against...Restaurantsread more
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units, according to the National Association of...Real Estateread more
The move, which was expected, has set up an early legal test of the president's strategy of fighting off congressional oversight by rejecting the legitimacy of subpoenas he...Politicsread more
"Let me be clear: This committee will hear Mr. McGahn's testimony, even if we have to go to court to secure it," Nadler says.Politicsread more
Morgan Stanley analysts said the reduction was driven by concerns around Chinese demand for Tesla products.Autosread more
The California state Senate is considering legislation that would ban law enforcement's use of facial recognition technology in body cameras.The proposal passed the Assembly...Politicsread more
The Fed should take its cues from falling bond yields and lower short-term interest rates, says conservative economist Art Laffer.Economyread more
Leuthold Group's Jim Paulsen sees a silver lining as the U.S.-China trade war rattles the market.Trading Nationread more
Top investor Martin Sass joined CNBC Pro for an exclusive interview outlining his overall investment philosophy, as well as his specific strategy for 2016.
Sass, who manages $7 billion at M.D. Sass, a New York-based investment firm he founded in 1972, believes cash will be king in 2016. Since 1999, the flagship strategy of Sass' firm has more than doubled the cumulative return of the S&P 500.
"I've seen this movie before where you get a very few stocks, high momentum stocks, leading the market and the rest of the market is actually declining," Sass said, referring to the deterioration in market breadth.
He said other negative catalysts that could destabilize stocks include sharp losses in energy, pressure on illiquid junk bonds, decelerating growth in China and uncertainty over the direction of interest rates.
With 2016 beginning with a bang, Sass explained how investors can actually benefit from any potential downturns and position their portfolios for outsized returns. He also disclosed his favorite stocks and overall strategy on how to find value in the market.
Watch the video below of the full interview hosted by Mike Santoli.