Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
Stocks that would benefit from a federal infrastructure spending program fell after President Trump ended a meeting on infrastructure spending with Democratic leaders.Market Insiderread more
The president abruptly walked out of a meeting Wednesday, saying he would not negotiate with Democrats while they continue to investigate him.Politicsread more
Despite the president's claim that "you can't investigate and legislate simultaneously," certain must-pass pieces of legislation, including a debt ceiling hike, will...Politicsread more
Americans in certain areas of the country have significantly higher average credit scores than others. Experian's annual State of Credit report shows the average score in each...Spendread more
Amazon shareholders demanded the company to take action on a number of different issues during its annual shareholder meeting on Wednesday.Technologyread more
Talk about 5G is everywhere right now, from the trade-war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
Controversial lawyer Michael Avenatti was indicted on charges of trying to extort athletic shoe giant Nike out of tens of millions of dollars by threatening to go public with...Politicsread more
More voters in five key industrial states disapprove than approve of Trump's handling of trade — 56% to 41%, according to a report.Politicsread more
Ireland's privacy watchdog, which leads supervision of Google in the EU, launched an inquiry into the firm's online advertising practices.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
There is a reason that the Dallas Mavericks have the longest active sellout streak in American sports. That reason is Mark Cuban.
The billionaire entrepreneur, who purchased the basketball team in 2000 for $280 million, disrupted the sports ticketing industry by decreasing ticket prices at the American Airlines Center, according to a report by The New York Times.
"We have decreased prices across the board multiple times," Cuban told the Times. "The only tickets that have gone up marginally are our best seats. ... I don't run the Mavs to maximize profits. We now make money. But it's more important to me that fans can always afford to come to games."
The team, which has made the playoffs in all but one of the last 15 seasons, is currently valued at $1.4 billion, according to Forbes data.
Josh Williams, a designer who sold his start-up Gowalla to Facebook in 2011 and is a longtime Dallas Mavericks fan, has moved to the Bay Area and is now a Warriors season-ticket holder. His tickets cost about $50 per game and are slated to cost 40 percent more next season, according to the Times.
"One year my season tickets cost $24 a ticket, and I got my renewal package and they had dropped the price to $14," Williams told the newspaper, referring to his Mavericks tickets. "It turned out what Mark was doing was jacking up the price on the lower bowl, where he knew the purchases were [from] corporations, and reducing the price on the real fans upstairs."
Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a judge.