Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Markets in Asia fell on Wednesday morning after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
The billionaire told CNBC on Friday he recently pledged $20 million to Democratic groups because he felt the need to act after hearing some of the rhetoric coming from Republicans — particularly during the Republican National Convention.
"I think it's apparent to every American that this is a special election. The stakes are extremely high," he said in an interview with "Power Lunch. "
"We just felt really compelled to, sort of, get off the sidelines and help ensure that the Democrats were able to win the election."
"The polarization in America today has yielded a race that is about much more than policies and ideas," he wrote. "It has become a referendum on who we want to be — as individuals, as a nation and as a society."
The money will be split among several organizations, including the League of Conservation Voters and For Our Future political action committee.
Meanwhile, at Moskovitz's former company Facebook, there was a debate over whether some of Trump's posts should be removed for violating the site's rules on hate speech, according to The Wall Street Journal.
Ultimately, CEO Mark Zuckerberg ruled it would be inappropriate to sensor Trump, the paper reported.
Moskovitz said making those types of decisions is difficult.
"They have a lot of difficult situations like this in terms of what kinds of speech they protect and which they decide is really just in the realm of paid speech or inciting violence," he said.