Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Billionaire activist investor Carl Icahn said that while the market has gotten ahead of itself, he wishes he had placed a bigger bet on the postelection rally.
"Sometimes you get these situations where it's almost a no-brainer where the odds are in your favor tremendously. There's absolutely no reason that everybody was saying 'if Trump wins everything is going to fall apart' — which is nonsense," Icahn said Thursday on CNBC's "Power Lunch. "
Icahn, who supported and advised Donald Trump during the campaign, explained that the president-elect had consistently said he would slash corporate taxes and roll back regulations.
But after Donald Trump's electoral college win, Dow futures initially tumbled more than 800 points. The brief post-election plunge in the Dow was "completely, totally insane," Icahn said, adding that it made sense to "play the market."
The closely followed investor left the president-elect's victory party early to take advantage of the dip and bet about $1 billion on equities. Since then, the major indexes have continued to set many new highs.
While the rally may be a little "exuberant," Icahn said it makes sense because "all the things Donald's doing really point to a much, much better economy."
"I did buy a fair amount, I guess in perspective, but not nearly what I should have," Icahn said.