Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
Saudi Arabia's defense spending is the world's third-largest — behind the U.S. and China, says Gary Grappo, former U.S. ambassador to Oman.Energyread more
Chinese officials are expected to be in Washington this week to hold consultations with the U.S. ahead of high-level trade talks in October.World Economyread more
The ballot comes at a precarious time for the country's longest serving prime minister, with the right-wing incumbent facing formidable challenges.World Politicsread more
Iran will never hold talks with America, the country's Supreme Leader Ayatollah Ali Khamenei said on state television Tuesday morning.Politicsread more
Energy stocks are on fire Monday. Five experts weigh in on what this could mean.Trading Nationread more
President Donald Trump said Monday he's in no rush to respond to a coordinated attack that hit Saudi Arabia's oil industry over the weekend.Marketsread more
The price of oil could go sharply higher, depending on the duration of the disruption at Saudi oil facilities and whether there is a military response.Powering the Futureread more
Energy stocks, one of the worst-performing sectors this year, spiked Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
Interactive Brokers founder Thomas Peterffy, a Donald Trump supporter, on Monday blasted The New York Times for what he considers coverage that slants toward Hillary Clinton in the 2016 presidential election.
"I wouldn't give 2 cents for what The New York Times says about this election. Obviously they are very biased and in the Democrats' pockets," the billionaire investment mogul told CNBC's "Squawk Alley."
The Interactive Brokers chairman and CEO, who emigrated from Hungary to the U.S. in 1965, was reacting to a question about an analysis last week in The New York Times that predicted a possible 10 to 12 percent drop in stocks if Trump were to win the presidency.
"I'm not connected to the Trump campaign in any way, shape or form. I am doing this on my own. This is how I feel. I'm not being given anything to say," Peterffy explained.
Addressing the paper's report that Trump took a $916 million tax loss in 1995 and may have paid no income tax for nearly two decades, Peterffy said: "I don't think there is anything unusual about a business losing money in certain years."
"Everybody should pay taxes," he said. "I do not think there is any allegation [Trump] did something illegal."
Peterffy said businesses have good years and bad years. "If in good years we had to pay the tax and … we couldn't offset the bad years, we would possibly pay more taxes than our net income over several years."
"Obviously if you could not carry those losses forward, then few of us would be in business," he argued.