China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Mikaila Ulmer may be just 14 years old, but the Me & the Bees Lemonade founder knows a thing or two about business.Young Successread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
The WTO ruling recognized that the United States had proved that China used state-owned enterprises to subsidize and distort its economy. But the U.S. must accept Chinese...World Economyread more
If you thought millennials were spending their cash on some curious stuff, you may be right.
In a typical day, they're paying for food, Uber rides and fantasy football, according to a Venmo spending analysis by the student loan refinancing marketplace LendEDU.
Venmo, a mobile payment app owned by PayPal, is increasingly popular among 18-to-34-year-olds. Venmo processed about $4 billion in person-to-person payments in the second quarter of 2016, up 141 percent from a year earlier, according to PayPal's most recent report.
The top spending categories included food, rent, alcohol, "fun" and coffee, LendEDU said. Food was the app's most-used term, followed by Uber, rent, "fantasy" and bills. Kale ranked No. 21 and strippers broke the top 100 at No. 91.
Pizza was the most-used emoji, followed by money with wings and beers.
LendEDU tracked more than 500,000 public Venmo transactions between July and September to see what millennials, many of whom are saddled with hefty student-loan debt, are spending money on.LendEDU CEO Nate Matherson said the idea for the report was sparked at Happy Hour.