More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
U.S. Vice President Mike Pence on Thursday struck an unyielding tone on America's position in its trade war with China.Delivering Alpharead more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Low interest rates are a main catalyst for a healthy job market and slow, steady growth, economist Anthony Chan said Monday.
Because of low rates, labor markets are tightening and the country is seeing people "literally come out of the woodwork" to join the labor force, the chief economist for Chase told CNBC's "Squawk Box."
He said productivity will improve in 2017 and so will the labor force growth and perhaps even earnings.
"Earnings this year are going to probably be negative for the whole year, but next year, because the headwinds of energy, the headwinds of a stronger dollar, are not going to be before us, I think earnings could pick up," he said.
"The bottom line here is, energy finally is getting to an inflection point," Chan added.
Also on "Squawk Box," UBS portfolio manager Alan Rechtschaffen said the low-interest environment could foretell a positive stock market.
He was concerned about the presidential race because the next president will need to pay attention to the stock market, especially when it comes to government spending and global trade.
"There is a fear of closing down markets, of lacking access to other markets, and I think that you saw that on the and you see that affect the markets frequently," Rechtschaffen said. "And [for] the candidates, that's become a front-burner item about whether or not we are going to participate in open trade."
Chan said creating trade barriers would produce Depression-like results. "If you shut down international markets for the S&P 500, which gather more than 50 percent of their revenues from overseas, it will completely collapse the financial markets," he said.
"Shutting down markets and becoming isolationist is not the way to go," Chan added.
Rechtschaffen said whoever is elected will have to move closer to the political center to get legislation passed through Congress.