The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
With the failure of the Republicans' health-care bill, the market is wondering if the GOP can get tax reform done — but there could be a "win" still to come for politicians and Wall Street, expert Michael Farr told CNBC on Tuesday.
"There is a win-win here for portions of this tax reform deal for Republicans and Democrats agreeing both on the corporate tax and the repatriation," the president of Farr, Miller & Washington said in an interview with "Power Lunch. "
"If they can get that done and we can see some progress, then I think markets stabilize and go higher. If not, then I think a tantrum is in the offing."
The Republican health-care plan collapsed on Monday night after leaders failed to get enough votes for passage. On Tuesday, Senate Majority Leader Mitch McConnell said he wanted a vote on a straight repeal of Obamacare without a replacement in the "near future," but three members of the caucus have already said they would not support such a bill.
Farr said while it is too early to suggest a market reversal right now, investors should check their asset allocations.
"Because the equites are at all-time highs, then if you are above your allocation, yes, this is a very good time to come back and rebalance and make sure that you are not over-allocated to equities," he said.
"Caution is really important when the market is making new highs because when this music stops you want to make sure your clients have a seat."
WATCH: Mitch McConnell: We'll have a vote to repeal Obamacare in the near future