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
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread 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
Tesla CEO Elon Musk sent out another email to his employees, pushing them to aim for a record number of vehicle deliveries to end the second quarter of 2019.Technologyread 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 Senate is expected to pass its own version of the border aid legislation, while the Trump administration has threatened to veto both bills.Politicsread more
Stocks in Asia were tepid on Wednesday afternoon after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
The purchase confirms Apple's continued interest in self-driving car software, and it will bolster Apple's engineering ranks with additional employees who can build autonomous...Technologyread more
More than 1,000 protesters marched to major foreign consulates on Wednesday calling on leaders at the upcoming G-20 summit to raise the plight of Hong Kong with China and to...World Politicsread 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
The head of the U.S. military's Pacific Command said on Tuesday it was more important to use diplomacy to counter North Korea's missile threat rather than consider what actions by the reclusive North might trigger a preemptive strike.
Admiral Harry Harris was in South Korea to observe annual joint military drills with the South Korean military, which the North called a step towards nuclear conflict masterminded by the U.S. and South Korean "war maniacs".
"So we hope and we work for diplomatic solutions to the challenge presented by Kim Jong Un," Harris told reporters at a U.S. air base in South Korea about an hour from the capital, Seoul, referring to the North Korean leader.
He said diplomacy was "the most important starting point" in response to the North's threat, when asked what actions by North Korea might trigger a preemptive U.S. strike against Pyongyang.
"As far as a timeline, it would be crazy for me to share with you those tripwires in advance. If we did that, it would hardly be a military strategy," he added.
North Korea has pursued missile and nuclear tests in defiance of U.N. Security Council resolutions and ignored all calls, including from lone major ally China, to stop. It justifies its weapons programs by pointing to perceived U.S. hostility and regularly threatens to destroy the United States.
The United States and South Korean began long-planned joint military exercises on Monday called the Ulchi Freedom Guardian, which the allies have said were purely defensive and did not aim to increase tension on the Korean peninsula.
The drills end on Aug. 31 and involve tens of thousands of troops as well as computer simulations designed to prepare for war with a nuclear-capable North Korea.
A North Korean Army spokesman repeated the threat of undisclosed retaliation against the United States for readying a preemptive strike and a war of aggression, using the drills as an excuse to mount such an attack.
"The U.S. will be wholly held accountable for the catastrophic consequences to be entailed by such reckless aggressive war maneuvers, as it chose a military confrontation," the unnamed spokesman said in comments carried by the North's official KCNA news agency.
Harris also told reporters that a scheduled "operational pause" by the U.S. Navy's fleet worldwide would not affect the military's ability to defend South Korea.
The pause was ordered after a U.S. guided missile destroyer collided with an oil tanker in waters near Singapore and Malaysia on Monday.