U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend.Politicsread more
"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC's Sara Eisen during an interview Friday on "Squawk on the Street."The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Netflix CEO Reed Hastings admitted that it's a "whole new world starting in November," with the launch of Apple TV+, Disney+ and other new streaming services.Technologyread more
President Donald Trump sarcastically tweeted that New York City "is devastated" by Mayor Bill de Blasio's exit from the 2020 presidential race. Two other Democratic mayors,...2020 Electionsread more
The United Auto Workers union and General Motors are making progress on their labor contract talks, however there remain "many" outstanding issues, according to a union leader...Autosread more
Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her...Politicsread 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
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
Joshua Harris, Apollo Global Management's co-founder, has a message for private equity's naysayers in Washington.Delivering Alpharead more
"I don't know what the hell people are saying about prosperity in the world. I don't see it," he told "Squawk Box" in an interview. "I don't care what any of these geniuses say, [the economy] is not strong."
The American economy and economies around the world are not strong, he contended, saying central banks don't have much ammunition "left in the magazine" to boost growth.
"There's nothing more we can do with interest rates," he said, predicting the Federal Reserve will hike rates at its December meeting to provide dry powder to cut if the economy were to really take a nosedive.
Another byproduct of prolonged low rates, "[retirees] are being forced to now eat into their principle[s] because the returns on money they've put aside are going down."
Langone, a longtime Republican, said politics should be set aside to tackle the nation's problems, including rising health-care costs. "As long as we're screaming at each other ... we're not going to address the problems."
Making his case, Langone cited government estimates that Obamacare prices for next year are set to soar.
The average monthly enrollment payment for a closely watched type of insurance plan sold on the federal marketplace HealthCare.gov is seen rising by an average 25 percent in the 39 states served by the exchange in 2017, officials said Monday.
"This does not have a happy ending," Langone warned.