Stock futures fell sharply as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.US Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.Investingread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
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Papa John's founder John Schnatter has been selling his shares in the company but remains its largest shareholder.Restaurantsread more
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.Economyread more
U.S. Secretary of State Mike Pompeo joined CNBC's "Squawk Box" on Thursday.Energyread more
Chipotle Mexican Grill is about to take a hit from rising prices due to African swine fever, according to BMO Capital Markets.Marketsread more
Jeffrey Gundlach, the chief executive of DoubleLine Capital, said on Tuesday that Britain would likely not exit the European Union, despite the "leave" campaign leading in several recent polls ahead of the June 23 referendum.
"I believe 'Stay' will prevail," said Gundlach, the influential investor known on Wall Street as the "Bond King" who manages $60.3 billion through his DoubleLine Total Return Bond Fund, on an investor webcast.
Multiple polls this week showed the "Leave" campaign ahead of the "Remain" side, sending global stocks and the pound down over fears that confusion and uncertainty would follow Brexit.
Gundlach, whose Los Angeles-based firm DoubleLine Capital oversees $100 billion in all, said polls reflect people's complaints and frustrations rather than the actions they will actually take.
"I believe that 'Leave' is over-polling, it's punching above its weight class," Gundlach said. "When it comes up for a vote, I think it will fail."
While Britain never adopted the euro as its currency, its exit from the continental union would be "the beginning of the end of the euro zone," Gundlach said.
Bond yields in peripheral countries such as Italy and Spain have been rising amid concern that a British "Leave" vote would lead them to also do the same, Gundlach said.