Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Contagion from the U.K. financial sector poses a risk to the U.S. following Britain's decision to quit the European Union (EU), Goldman Sachs said on Wednesday.
The investment bank said financial contagion was a greater threat to the U.S. than a hit to trade as a result of any falloff in British growth.
"Although a U.K. contraction would be unhelpful for the U.S., trade-related contagion should remain manageable ... The risk of financial spillovers is greater," Goldman said in a report circulated on Wednesday.
The U.K. and the U.S. are among the most financially interconnected countries in the world, according to the bank. It said the U.S. banking system's total exposure to the U.K. amounted to $919 billion — far exceeding its exposure to any other country.
U.K. banks hold an aggregate of $1.4 trillion of financial claims on U.S. borrowers, Goldman Sachs said, citing data from the Bank of International Settlements.
"The post-financial crisis central banking and regulatory regime should limit concerns over the banking sector," Goldman added.
Following Thursday's Brexit vote, Goldman cuts its growth forecast for the U.S. in the second half of 2016 to 2 percent annualized from 2.25 percent. It also warned the U.K. was likely to enter a "mild recession " by early 2017.
The bank said the Brexit shock had ruled out an interest rate hike by the U.S. Federal Reserve next month.
Fitch Ratings went further on Wednesday and forecast the Fed would delay hiking until December. The ratings agency also forecast the European Central Bank would continue with asset purchases beyond March 2017 — the earliest date at which the bank has said it will wind up the program — and the Bank of England would likely lower rates to 25 basis points later this year.
Follow CNBC International on and Facebook.