The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
China's wealthiest man may have his sights set on another American trophy property.
Billionaire Wang Jianlin, who recently cut the ribbon on a $5.1 billion Disney-like theme park, is in talks to purchase Dick Clark Productions, DCP's owner said Monday.
The Wall Street Journal said Wang's Wanda Culture Industry Group is considering a price of up to $1 billion.
The company is the legacy of late television icon Dick Clark, who used his "American Bandstand" music show to catapult his own career as a media mogul. Wang's Dalian Wanda Group owns U.S. theater chain AMC and movie maker Legendary Entertainment, while DCP stages the Golden Globe and American Music Awards shows.
"Dick Clark Productions and Beijing Wanda Culture Industry Group Co., Ltd., have agreed to enter into exclusive talks with the shared goal of finalizing a mutually satisfactory transaction," a spokesperson for Eldridge Industries said in a statement to CNBC. "DCP is controlled by Eldridge Industries which announced last month that it was conducting a strategic review of its media holdings."
The Journal said the talks are in their early stages, and may yet fall through. A competing bidder could also enter the fray, the publication said.