Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Bob Bakish, the head of a newly combined CBS and Viacom, said he was "disappointed" by both stocks' reaction to the recent deal.The Faber Reportread more
Consumers could pay an average 15 to 20 cents more per gallon for unleaded gas by the end of the month following the attack on Saudi oil installations.Market Insiderread more
Elliott Management may not see John Stankey as a future leader at AT&T, but bailing on him before he executes his integration plan has the potential for disaster.Technologyread more
The White House directed Lewandowski not to discuss any of his post-election interactions with Trump beyond those already detailed in former special counsel Robert Mueller's...Politicsread more
Tension between the real estate start-up WeWork and SoftBank was not a central issue in the decision to delay an initial public offering, sources tell CNBC's David FaberThe Faber Reportread more
The service will debut in April with pricing to be announced closer to the launch data, NBCUniversal says.Technologyread more
"Jeopardy!" host Alex Trebek says he's had a setback in his battle with pancreatic cancer and is undergoing chemotherapy again.Entertainmentread more
Perennial bull Tom Lee said Thursday he's not convinced low bond yields are flashing a bearish signal.
In fact, the co-founder of Fundstrat Global Advisors suggested they could simply amount to a 1990-style head fake.
"In 1990, bond yields stabilized … after huge declines from '82 to '90, and there were a lot of investors who thought the bull market would run out of steam in 1990, and they missed really the 10 years of the biggest returns in the stock market," Lee told CNBC's "Squawk Box."
The U.S. 10-year Treasury is yielding about 1.5 percent, up from a 52-weak low of 1.36 percent.
Lee acknowledged it is "strange" to see negative bond yields around the world, but noted the amount of debt yielding negative returns has been moderating.
Further, while low bond yields typically mean markets aren't pricing in inflation and expect slow growth, Lee thinks they also reflect the search for carry, or a trade in which investors borrow at low rates in order to invest in an asset with higher returns.
Lee said it's starting to make sense for investors to think about growth trades.
"That's why commodities are working. That's why equities are working, and I think some of the economic data is supporting that," he said.
Fundstrat expects the to gain 6 to 8 percent by year-end to close 2016 at 2,325.