It wasn't supposed to be this way: The 2017 tax cut and aggressive moves toward deregulation were supposed to pull the U.S. economy out of its glacial move higher.Economyread more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
Oil jumped as much as 6% on Thursday after Iran shot down a U.S. military drone, prompting President Trump to blast Tehran on Twitter.Energy Commoditiesread more
The road to the Fed's policy pivot to lower interest rates began in early May, with a tweet from President Trump on trade.Market Insiderread more
CNBC analysis using Kensho found that Disney, Verizon and Home Depot were some of the best performing Dow stocks in declining-rate environments.Investingread more
If Facebook cut corners in something as basic as the branding of its nascent crypto efforts, this dispute could give ammunition to its many critics.Financeread more
Moore's entry into the 2020 race is worrisome for the GOP, which sees the race as its best chance to pick up a Senate seat next year.Politicsread more
Notorious "pharma bro" Martin Shkreli has reached a settlement with his former biopharmaceutical company Retrophin to resolve "all outstanding disputes" just week after he...Biotech and Pharmaceuticalsread more
Stocks rose on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Money managers believe infrastructure spending will be one of Donald Trump's first achievements in office, and buying the S&P 500 was the most popular trade the day after the election.
That's according to Bank of America Merrill Lynch's survey of 114 global fund managers on Wednesday, less than 24 hours after the Trump election upset. Markets had largely been viewed as positioned for a Hillary Clinton victory, and some top Wall Street strategists had expected stocks to sell off by several percentage points if the real estate mogul won.
But in a massive recovery from a roughly 5 percent election night plunge in stock index futures after Trump won, U.S. stocks surged Wednesday in the highest trade volume day since Brexit in June with financials and health care leading.
Thirty percent of survey respondents said they bought the , making it their top postelection market action. Other popular trades were selling risky assets, buying gold and buying the U.S. dollar, according to the survey, which was published Thursday.