Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
A Missouri man died of vaping-related illness, officials announced Thursday.Health and Scienceread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Donald Trump would be a "nightmare" as U.S. president, making relations with other countries "extraordinarily difficult" and placing the U.S. economy in jeopardy, Joseph Stiglitz told CNBC, adding that the Republican candidate had "no deep understanding of economics other than knowing how to go bankrupt."
"We can only hope he won't bankrupt the country," Stiglitz, a Nobel-prizewinning economist, told CNBC.
Trump, a billionaire businessman, has filed for at least four bankruptcies, with NBC News putting the figure at six. He will contest Democrat candidate, Hillary Clinton, in the November U.S. presidential election.
Trump has previously said he would renegotiate the U.S. national debt as president, although he has since backtracked on this.
"That is… something that it is almost unimaginable that any leader would say … That is not the way capital markets will work," Stiglitz told CNBC.
He said a Trump presidency would pose serious problems for U.S. foreign relations, highlighting the Republican's promise to build a wall across the border with Mexico to keep illegal immigrants out.
"I think it will be extraordinarily difficult for our relations with other countries, for our economic relations with other countries, for our foreign policy relationships. You know, (talking about) building that wall between Mexico and the United States has built a wall between the United States and Latin America. It has done more damage already than one could imagine," Stiglitz told CNBC.
Trump met with Mexican President Enrique Pena Nieto on Wednesday. In a subsequent speech in Mexico City, Trump reiterated his plan to build a wall on the border with Mexico, but said he and Nieto and not discussed who would pay for it.
In a later speech in Arizona on Wednesday, Trump announced that Mexico would "100 percent" pay for the wall, but "don't know it yet." President Nieto subsequently tweeted that he had made it clear to Trump that Mexico would not be paying for the wall's construction.
Stiglitz told CNBC that Trump appealed to voters who had not felt the benefit of U.S. economic growth over the last 25 years.
"Part of the support for Donald Trump comes because we have left large fractions of the population behind. In fact, if you look at the numbers, roughly the bottom 90 percent has had a stagnant income over the last quarter of a century and we have been trying to understand why that has been. And it's partly been because, I think, we have not paid attention to the issue," Stiglitz told CNBC.
Sticking to his sleep analogy, Stiglitz said he was "not having that many sleepless nights," because Trump was unlikely to win the presidency.
"Fortunately the probability of that nightmare coming through is small and I hope it is getting smaller by the day," Stiglitz told CNBC.
NBC News said on Tuesday that Clinton's lead over Trump had narrowed to six points from eight points in its weekly poll. Clinton now enjoys the support of 48 percent of voters, while Trump has 42 percent backing, according to NBC News.