Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
Since the Cambridge Analytica scandal in March 2018, Facebook has suspended tens of thousands of apps stemming from an investigation into its developer ecosystem.Technologyread more
The former top aide of retired United Auto Workers Vice President Joe Ashton, a former member of the GM's board, was charged Friday with conspiracy to commit wire fraud and...Autosread more
Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
The wearables company has retained advisors to consider exploring a sale of the business.Technologyread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
"I really want to encourage competition because I think competition creates innovation, and when you create innovation everyone wins," Humana CEO Bruce Broussard says.Health and Scienceread more
Walmart is the latest to pull back from the industry. Federal regulators said they will soon ban flavored e-cigarettes, while some nations have outlawed the products...Health and Scienceread more
Steven DeSanctis, one of the longest-running and most widely followed small-cap strategists on Wall Street, sat down with CNBC's Mike Santoli for an exclusive discussion about why smaller stocks are the best investment right now and over the long term.
"Large companies need to buy growth. And where are you going to find companies that can grow their earnings? It's down in small and mid-cap," said DeSanctis, explaining that one benefit of small and mid-cap companies is the potential for M&A. "Small-cap, I think, is the most interesting area of the market."
In this wide-ranging conversation, DeSanctis, who currently oversees small- and mid-cap equity strategy at Jefferies, also touches on:
Prior to joining Jefferies this year, DeSanctis was the small stock strategist at Bank of America Merrill Lynch for eight years. Before that, he had the same role at Prudential Equity Group for eight years. PRO subscribers can also read the entire transcript of the exclusive interview below.