Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
"I do expect our stock market to be hammered if nothing positive comes of this G-20 meeting ... the most likely outcome is nothing happens," Jim Cramer says.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
See which stocks are posting big moves after the bell on June 18.Market Insiderread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
But a look at state-by-state data clarifies the scale of Trump's challenge. As the president tries to rally supporters at a 2020 kickoff rally in Orlando on Tuesday, he is...Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
The order for 200 737 Max jets from British Airways parent IAG was a vote of confidence for Boeing's beleaguered aircraft following two fatal crashes.Airlinesread more
General Electric's new Chief Executive Officer John Flannery made a big bet that the industrial company's flagging fortunes will improve, buying nearly $2.7 million in GE stock, according to a regulatory filing.
Flannery bought 103,983 GE shares for his 401(k) account on Tuesday and reported in a filing dated Wednesday. He now has about 615,000 shares worth $15.5 million at Thursday's closing price.
When Flannery, 55, took over from longtime CEO Jeff Immelt on Aug. 1, he told employees he plans to improve GE's performance, which has caused its stock to fall 19 percent this year, even as broad stock indexes advanced.
Investors think the company needs to generate more cash, widen its profit margins and reduce overhead costs, Flannery said in the letter, adding, "I heard them loud and clear."
Flannery was not available to comment and GE declined to comment on the filing.
Immelt, who remains GE's chairman through year-end, bought 1.2 million shares of GE stock during his 16-year tenure as CEO, during which he focused GE on large industrial businesses such as power generators, renewable energy, and aircraft engines while shedding most of GE's finance business along with NBCUniversal and its plastics and appliances units.
(Disclosure: NBCUniversal is parent of CNBC.)