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
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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
"While helping to connect the world will always be the most important thing that I do, there are more global challenges that I also feel a responsibility to help solve, to create a better world for my daughter and all future generations," Zuckerberg told investors in a conference call Wednesday. "Things like helping to cure all disease by the end of the century."
In his spare time, Zuckerberg also hopes to upgrade the world's education system through personalization and protecting the environment from climate change, he said, as part of his Chan-Zuckerberg Initiative, a humanitarian organization he founded with his wife, pediatrician Priscilla Chan.
In a December letter, Zuckerberg debuted the initiative, pledging to give 99 percent of his Facebook shares to humanitarian causes within his lifetime. There, he wrote that spending on medical treatments was 50 times more than investment in medical research, noting that as technology accelerates, "we have a real shot at preventing, curing or managing all or most of the rest in the next 100 years," especially heart disease, cancer, stroke, neurodegenerative and infectious diseases.
As Facebook reported quarterly earnings Wednesday, the company also unveiled a proposal to that would allow Zuckerberg to retain interest in Facebook while also selling his shares. It would work by creating a new non-voting Class C stock, issuing two new shares for each outstanding Class A and Class B share held. Zuckerberg said he won't sell more than $1 billion worth of shares each year.
"Today's board proposal would us to maintain and improve the voting structure that has served us well and allow me to fund the Chan-Zuckerberg Initiative," Zuckerberg said.