These are the stocks posting the largest moves before the bell.Market Insiderread more
Stock futures fell sharply as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.US Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.Investingread more
"For them to say that they don't work with the Chinese government is false," says Secretary of State Mike Pompeo.Politicsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
Here are the biggest calls on Wall Street on ThursdayInvestingread more
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.Economyread more
Chipotle Mexican Grill is about to take a hit from rising prices due to African swine fever, according to BMO Capital Markets.Marketsread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
Republican lawmakers have a new plan to repeal and replace Obamacare in a bid to bridge the gap between the House Freedom Caucus and moderates, according to a document obtained by CNBC.
Politico first obtained the document about the health-care bill proposal.
A Freedom Caucus source told CNBC the changes to the health bill would secure 25 to 30 "yes" votes from the Freedom Caucus, and the new bill would get "very close" to 216 votes. The source said that 18 to 20 of those "yes" votes would be new.
Two senior GOP aides told CNBC no vote is scheduled for next week, but a discussion is expected via conference call on Saturday.
Here is the document:
Insurance Market Provisions
The MacArthur Amendment would:
• Reinstate Essential Health Benefits as the federal standard
• Maintain the following provisions of the AHCA:
o Prohibition on denying coverage due to preexisting medical conditions
o Prohibition on discrimination based on gender
o Guaranteed issue of coverage to all applicants
o Guaranteed renewability of coverage
o Coverage of dependents on parents' plan up to age 26
o Community Rating Rules, except for limited waivers
Limited Waiver Option
The amendment would create an option for states to obtain Limited Waivers from certain federal
standards, in the interest of lowering premium costs and expanding the number of insured persons.
States could seek Limited Waivers for:
• Essential Health Benefits
• Community rating rules, except for the following categories, which are not waivable:
o Age (except for reductions of the 5:1 age ratio previously established)
o Health Status (unless the state has established a high risk pool or is participating in a
federal high risk pool)
Limited Waiver Requirements
States must attest that the purpose of their requested waiver is to reduce premium costs, increase the number of persons with healthcare coverage, or advance another benefit to the public interest in the state, including the guarantee of coverage for persons with pre-existing medical conditions. The Secretary shall approve applications within 90 days of determining that an application is complete.
CNBC has reached out to the office of House Speaker Paul Ryan about the document.
Earlier this month, Freedom Caucus chairman Rep. Mark Meadows said the majority of caucus members will support the new bill if changes offered by the White House are included in the legislation, such as coverage waivers related to community rating protections.
In March, House Republicans pulled their first attempt at a repeal and replacement of Obamacare, dubbed the American Health Care Act, due in large part to opposition from both conservative and moderate Republicans.
Watch: Toomey says still a shot at replace & repeal