Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the stock market, Bernstein says.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step in the budding hypersonic arms race between China and Russia.Politicsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Former Egyptian president Mohamed Mursi has died in court, state television reported on Monday.World Politicsread more
Trump may publish harsh tweets, but that'll only send the Asian markets down for a day or so, Faber, also known as Dr. Doom for his pessimistic views, told CNBC's "Squawk Box " on Thursday.
"It is a Chinese-centric Asia nowadays," he said. "The exports of Taiwan, South Korea, to China are much more important than to the U.S. All the Asian countries for them, exports to China are the key, tourists from China are the key."
During his campaign, Trump vowed to label China a currency manipulator for the purposes of a competitive trade advantage, even though the country has actually been propping up its currency.
In other signs of a protectionist bent, last month, Trump formally pulled the U.S. out of the Trans-Pacific Partnership (TPP), which would have created a 12-country Pacific Rim free-trade bloc. The TPP, which was negotiated during President Barack Obama's term in office, hadn't yet been voted on or ratified by Congress.
Trump also signaled he planned to renegotiate the North American Free Trade Agreement (NAFTA), enacted in 1994, which eliminated most tariffs between Mexico, the U.S. and Canada.
More recently, Trump has sent series of tweets complaining that the U.S. was being treated unfairly in trade deals.
But Faber was unfazed on how that would affect Asian markets.
"When you see Mr. Trump lambasting the exporting countries of Asia, calling China – he hasn't declared it officially a currency manipulator and so forth, what is the reaction of the leadership in Beijing, " he asked.
"Everybody in Asia and around the world, including Mexico and the Europeans will say, 'the U.S. is no longer a reliable trading partner and no longer a reliable ally. We have to look after ourselves,'" he said. "So the Chinese are pushing essentially domestic-led growth."
Faber pointed to the rise in exports from Taiwan and South Korea to China over the past three months, attributing it to Chinese domestic consumption rather than exports to the U.S.
At the same time, Faber expected that U.S. markets might not perform as well as emerging markets, despite the "hoopla" over Wall Street's recent rally.
He noted that the U.S. economic expansion and the bull market were now around 8 years old and getting "mature."
—By CNBC.Com's Leslie Shaffer; Follow her on Twitter
Follow CNBC International on and Facebook.