Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...Asia Economyread more
Morgan Stanley has cut its bear (worst-case) forecast on Tesla's stock from $97 to just $10, citing concerns about the company's increased debt load and geopolitical exposure.Autosread more
Home Depot on Tuesday reported fiscal first-quarter earnings that beat analysts expectations, despite a damp start to the spring in much of the U.S.Retailread more
There's more pain ahead for the U.S. and China amid their bilateral trade dispute, according to one expert.China Politicsread more
Alphabet Inc's Google said Tuesday that keeping phones up to date and secure was in "everyone's best interests," shortly after the U.S. temporarily eased some trade...Technologyread more
You know there's an underlying problem when investment firms start to cut exposure to a particular asset class.Commentaryread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
A record 257.4 million travelers are expected to opt for U.S. airlines for travel this summer, the 10th consecutive annual increase, a trade group forecast on Tuesday.Airlinesread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
Deutsche Bank got a strong vote of confidence Monday from a big name — and competitor — on Wall Street.
"There is no reason that Deutsche Bank shouldn't get over its problems," the head of the largest U.S. bank by assets said of the fourth-largest European bank by assets.
Deutsche shares have gotten pounded as investors worry that it has a weak capital position that is in even more danger due to a looming settlement with the U.S. Department of Justice involving the firm's mortgage-backed securities operations. The banks American Depositary Receipts are down about 47 percent in 2016 and nearly 53 percent over the past 12 months.
"They have plenty of capital, plenty of liquidity," Dimon said during an telephone interview on CNBC's "Power Lunch" program. "We want all these banks to get through because it's better for everybody."
for the latest on the markets.