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
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread 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
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread 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
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread 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
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
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
Dick Kovacevich, former chairman and CEO at Wells Fargo, blasted GOP presidential front-runner Donald Trump on Monday, saying he would not vote for the billionaire businessman.
"I think he's obnoxious. He's a bully. He's a narcissist. He debates on basis of personal insults and trivial soundbites," Kovacevich told CNBC's "Squawk Box. " "I don't even know what his policies are. The times he comes out with policies, I don't think they make any sense. I would not vote for Donald Trump."
Kovacevich, traditionally a supporter of Republican candidates, did not say whom he would vote for, but predicted Texas Sen. Ted Cruz would be the eventual Republican nominee during a contested convention this summer.
Republican voters, even if they're not completely enamored by Cruz, would probably find the first-term senator more palatable than Trump, said Kovacevich.
"There aren't a lot of good choices," he continued. "The negative rates on both Hillary [Clinton] and Ted Cruz are high. ... The Democrats don't trust Hillary. The Republicans don't trust Ted Cruz."
"I don't even know how you vote for a president you don't trust," Kovacevich said.