Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
Solar power is on the rise. You can see the evidence on rooftops and in the desert, where utility-scale solar plants are popping up. The picture is not all rosy, but if the...Technologyread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
PayPal CFO John Rainey told CNBC on Friday investors should continue to see successive growth from the company, despite the competition, due to it focusing on digital payments.
"The ecommerce market today is roughly 10 percent of a $25 trillion global retail market," Rainey said on "Squawk Alley."
"And we see that growing at double digit rates and yet PayPal continues to grow in excess of that. And competition is nothing new for us or this industry. But we've shown in the face of competition for each quarter, successively, we've been able to grow in the 25 to 30 percent range and that's by focusing on what we do best, which is digital payments," he said.
PayPal reported its third-quarter earnings on Thursday that met expectations but beat on revenue. The company attributed the growth primarily to its core service and the Venmo app.
The chief financial officer also told CNBC the company is looking to give its consumers more choices.
"We're trying to enhance the value proposition for our customers," he said. "and that includes both merchants that see higher conversion with PayPal experiences as well as our customers that have amenities like buyer and seller protection and free return shipping."
PayPal's stock was trading up 9 percent in early afternoon trade Thursday. The stock is up more than 20 percent year to date.
— CNBC's Antonio Jose Vielma contributed to this report.