Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The U.S. and China may fall into a "cycle of retaliation" next year after president-elect Donald Trump's inauguration as he takes action on trade against the world's second largest economy, an economist said on Wednesday.
Speaking to CNBC's Squawk Box, China Beige Book's chief economist Derek Scissors said he wasn't ruling out Trump getting tough on China fast after inauguration on Jan. 20, but his administration may start with something less radical, such as steel tariffs.
"But then China retaliates. Then the Trump people don't like that and they retaliate, and we get a spiral," he said.
While it requires "wisdom on both sides of the Pacific" to avoid an outright trade war, the U.S. would no doubt "do something."
"Then we have the question: in a year where there's going to be a Communist Party Congress, how does China respond? Do they keep themselves under control?" Scissors asked. The previous congress was held in 2012.
On a macroeconomic level, on-going broad weak macroeconomic performance will continue to be an issue for China.
He doesn't think China will devalue its currency as it will spur capital outflow and provoke China's trading partners.
While higher oil prices will not be a positive for the major oil importer, overall sentiment will be lifted on steady oil prices even with prices gains at 3-4 percent, as this will be "much less scary" than the sustained producer deflation that has plagued the energy markets since the summer of 2014, he said.
Follow CNBC International on and Facebook.