The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
On Friday, Zedd tweeted about the ban, and CNBC verified the claim with his publicist on Saturday.China Politicsread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
LeBron James has signed a 3-year, $100 million contract to return to the Cleveland Cavaliers.
"I can't be more excited for this opportunity, once again, to defend our crown, defend our title," James said in a video for Bleacher Report's "Uninterrupted." "We all know last year was a magical, inspiring ... unbelievable season. I just can't wait to get the group back together."
James was unanimously named the most valuable player in the this year's NBA Finals, averaging 29.7 points, 8.9 assists, 11.3 rebounds, 2.6 steals, and 2.3 blocks per game, according to NBC Sports. It was one of the most expensive finals ever tracked by ticket reseller TiqIQ.
James' contract comes as teams have sold for sky-high valuations, and more players have opted to take free agent deals to negotiate bigger pay days down the road. A $24 billion 2014 television deal meant each NBA team will have a salary cap of $94 million this upcoming season, compared with last season's record-setting $70 million.
"We're negotiating from a place where everyone's happy, everyone's making more money," Michele Roberts, executive director of the National Basketball Players Association, told CNBC in June.
The Cavaliers will kick off preseason games against Orlando on October 5, according to a schedule released this week.
— Reporting by CNBC's Jessica Golden. Jacob Pramuk and Ivan Levingston contributed to this report.