The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
CLEVELAND— Donald Trump has followed through on his promise to forgive personal loans to his campaign.
The Republican presidential nominee forgave about $47.5 million in loans, according to a Federal Election Commission report filed Wednesday. Trump previously said he did so, but had so far not offered evidence.
Trump, who is expected to accept the GOP's nomination here Thursday, funded his primary election run mostly through personal loans. His campaign started raising more money from donors in June.
It reported nearly $27 million in total receipts for the month and ended it with more than $20 million on hand.
The Trump campaign directed CNBC to Trump's past statements on his loan forgiveness. In June, Trump called the loans a "contribution to make America great again."
During the primary process, Trump touted his ability to funnel money into his campaign as evidence that he is not beholden to donors. But he has turned to more traditional fundraising ahead of the more demanding general election.