CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Post-election rallies in stocks and bond yields are the result of a "romance" with President-elect Donald Trump's proposed policies of corporate tax reform, infrastructure spending and reduction of regulations, economist Mohamed El-Erian told CNBC on Monday.
"[Trump] has changed expectations about three things: liquidity, growth and inflation. And that has had a huge impact, not just on the stock market, but the bond market as well," Allianz's chief economic advisor said on "Squawk Box."
Liquidity in the market, the ability to buy and sell assets without causing major disruptions, has been a major concern since the 2008 financial crisis. Low economic growth and low inflation have also been prevalent during the presidency of Barack Obama.
In early Monday trading, the 10-year U.S. Treasury yield pushed above 2.5 percent for the first time in more than two years, as the market sees the prospects of higher inflation from a Trump administration.
More inflation, in the 2 percent range, has been something the Federal Reserve has been looking for in order to rationalize another interest rate hike. The Fed kicks off its two-day December meeting Tuesday, with central bankers widely announce a rate increase on Wednesday. Policymakers last increased the cost of borrowing money in December 2015, the first such move in more than nine years.
"What you're basically seeing is a romance of reflation. It comes from the president-elect's emphasis on pro-growth policies," said El-Erian, referring to reflation, or measures undertaken to stimulate an economy. "That has had a massive impact on what have been artificial pricing of the bond market."
El-Erian said he's encouraged by Trump's Cabinet picks on the economic side, including Wall Street veteran Steven Mnuchin for Treasury secretary and billionaire distressed asset investor Wilbur Ross for Commerce.
"[Trump] has picked ... people who are committed to pro-growth, who have a feel for this," he said, adding there's a feeling since the election that the gridlock that's "paralyzed" Washington for years may be about to abate.