Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
Stocks in Asia were set to open lower on Wednesday after Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
CNBC reported in December that Singer moved to mend his relationship with the then-president-elect and planned to donate to his inauguration. Friday's report puts a dollar figure on the donation by Singer, who spent millions either in support of other Republican presidential candidates or in opposition to Trump.
The Elliott Management founder and billionaire visited the White House in February, Trump said at the time.
After a campaign in which he claimed he did not need large donors, Trump has warmed to other big donors who spent money against him in the GOP primary, including former AIG CEO Hank Greenberg, according to Politico.
Trump will speak at a retreat for major Republican National Committee donors in Florida on Friday night.
Elliott Management did not immediately respond to a request for comment on this story.