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 were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.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
Last week's jobs report was "almost a tale of two economies," strategist Burns McKinney told CNBC on Monday.
"You had the very weak GDP numbers prior to that, but then you saw the jobs report came out much stronger than expected," the Allianz Global Advisors portfolio manager said on "Squawk on the Street. "
On Friday, the Labor Department said the economy added 255,000 jobs in July, well above economist expectations of 180,000.
The upbeat jobs number followed a disappointing report from the Commerce Department that said that the U.S. economy only grew at a 1.2 percent annual rate during the second quarter. Economists polled by Reuters had expected gross domestic product growth of 2.6 percent.
Given the global economic environment, GDP growth of 2 percent isn't a bad thing for U.S. markets, said Bob Doll, chief equity strategist and senior portfolio manager at Nuveen Asset Management. He said that if the economy continues to grow at this rate, central banks will remain "a tailwind for the stock market."
"It will allow the consumer, which is the key, to continue to spend money judiciously and move us forward in terms of profits and that's what the stock market needs," Doll said in an interview on "Squawk Box. "
He said that while that's not enough to boost the stock market by double digits, it also won't create all the excess that raises worries about recession. Doll said U.S. equities are the "best house in that bad neighborhood. ... and that's why the U.S. stock market has continued to outperform."