The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
Talks between the world's two largest economies have stalled after each nation lobbied higher tariffs on the other's imports.Traderead more
GAC Motor said its delaying its launch in the U.S. but had no timeline when it could launch there.Autosread more
See which stocks are posting big moves after the bell on Tuesday, May 21.Market Insiderread more
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
As of Tuesday, an imminent deal seems unlikely, with both countries refusing to compromise, Cramer said.Mad Money with Jim Cramerread more
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her...Politicsread more
The EU won't crumble, but it becomes a "less sound experiment" without the influence of the United Kingdom, he argued.
The fallout of Thursday's referendum could send Britain into recession, Summers told CNBC's "Squawk Box, " pegging the chances of that at about 50-50.
World central banks have little firepower to throw at potential global economic unrest created by a Brexit, the former Obama administration economic advisor said, calling the current environment the "moment of least capacity" for policymakers to make a difference.
With the European Central Bank in stimulus mode and the U.S. Federal Reserve with only one interest rate hike since 2006 under its belt, Summers said there's not much room to ease monetary policy further if necessary.