While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
Billionaire investor Carl Icahn said Thursday there's nothing Donald Trump has said in recent weeks, including controversial remarks about a Mexican-American judge, that has swayed his opinion on presumptive GOP presidential nominee.
"I don't think anybody who supports Donald is happy with that [judge comment]," Icahn told CNBC's "Squawk Box, " though he added that he still likes Trump.
Last week, Trump said U.S. District Court Judge Gonzalo Curiel's opinion in a case against Trump University was being influenced by the judge's heritage because of the candidate's campaign rhetoric about Mexicans and illegal immigration.
On Tuesday, House Speaker Paul Ryan denounced Trump's statements as "textbook" racism, though the Wisconsin Republican and 2012 GOP vice presidential candidate said he still supports Trump for president.
Bowing to GOP pressure, Trump said later Tuesday he would no longer talk about Curiel, but stopped short of an apology.
In a statement, Trump wrote: "I do not feel that one's heritage makes them incapable of being impartial, but, based on the rulings that I have received in the Trump University civil case, I feel justified in questioning whether I am receiving a fair trial."
It's "ridiculous" to call Trump a racist, Icahn told CNBC on Thursday. "You need somebody like Donald in Washington very badly," said the chairman of Icahn Enterprises.
Icahn called Trump a "consensus builder," saying he believes the real estate mogul has a better chance to fix the nation's problems than presumptive Democratic nominee Hillary Clinton. "I don't think there's any comparison," he said.
This week, billionaire Republican Ken Langone blasted Trump for the judge comments. While condemning Trump's remarks as "disgraceful," the Home Depot co-founder said he'd still support his fellow businessman over Clinton.