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
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
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
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
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
AT&T just drew up some cartoonish M&A. The U.S. telecom titan is paying about $85 billion in cash and stock for Time Warner, the owner of HBO, CNN and the Warner Bros. studio behind Looney Tunes animation and other film and TV classics. Conventional financial analysis cannot justify the whopping premium on offer. Instead, Time Warner shareholders reap the benefits of an AT&T desperately in search of a new business model.
Jeff Bewkes, Time Warner's chief executive, has proven to be a shrewd dealmaker. He carved up a sprawling empire, spinning off cable, magazines and the remnants of AOL. Without a controlling family shareholder and with quality programming in high demand, Time Warner became all the more appealing. And having swatted away an unwanted approach from Rupert Murdoch's Twenty-First Century Fox a couple of years ago, Bewkes is looking even more prescient.