Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
There were no more bids after $17 million. Since $17 million was below the reserve price -- or minimum required by the seller — RM Sotheby's pulled the lot.Autosread more
U.S. Treasurys fell Thursday as Federal Reserve officials prepped the market for a March rate hike.
In a CNBC interview Thursday, Federal Reserve Gov. Jerome Powell said economic conditions, such as U.S. inflation and the employment level, are reaching the central bank's ideal state.
"You put that all together and I think the case for a rate increase for March has come together and I think it's on the table for discussion," Powell said.
The benchmark 10-year Treasury note yield held higher at 2.49 percent, while the 30-year bond yield traded near 3.087 percent. The two-year note yield, which hit its highest level since August 2009, traded around 1.32 percent. Yields move inversely to prices.
Late Wednesday, Fed Governor Lael Brainard — a known dove in the central bank's policymaking committee — said in a speech the Fed could raise rates "soon," citing an improved global economy.
"We are closing in on full employment, inflation is moving gradually toward our target, foreign growth is on more solid footing, and risks to the outlook are as close to balanced as they have been in some time," Brainard said.
"Assuming continued progress, it will likely be appropriate soon to remove additional accommodation, continuing on a gradual path."
Yields on U.S. debt rose on Wednesday as investors priced in the increased chance of an interest rate hike in March, after comments by New York Fed President William Dudley lifted market expectations.
Also, economic data indicated inflation was close to the Fed's target of 2 percent.
Market expectations for a rate hike this month are above 60 percent, according to the CME Group's FedWatch tool.
On the data front, initial U.S. jobless claims totaled 223,000, well below the expected 243,000. Last week's reading increased 6,000 to 244,000.
—CNBC's Patti Domm and Reuters contributed to this report.