Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The projected result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
The U.S. and Japan will likely reach a trade settlement in the next six to nine months that will "give each side something to claim credit for," says Glen Fukushima, former...World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
Stocks in Asia were were mixed in Monday morning trade as investors watched for developments from U.S. President Donald Trump's state visit to Japan as well as results from...Asia Marketsread more
Sources say the talks have picked up speed in recent days and could lead to an announcement regarding a merger or partnership by Monday.Autosread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Book income helped self-proclaimed socialist Bernie Sanders join the millionaire class, a group he has often criticized during his decades in politics.Politicsread more
Exit polls showed National Rally, a re-branding of Le Pen's National Front, beating Macron's party by just one seat.Europe Politicsread more
Stocks that are most prone to swine flu fears include Bloomin' Brands, Phibro, Darling Ingredients, Deere, and Hormel, according to analysts.Marketsread more
It's completely irrelevant whether or not Senate Majority Leader Mitch McConnell works hard on getting tax reform passed, anti-tax crusader Grover Norquist told CNBC Wednesday.
"You have three players around the table: The White House, (Steven) Mnuchin, and (Gary) Cohn. They want 15 percent, they want a pro-growth deal, they want a Republican landslide," Norquist said on "Squawk Box. "
"You have the House and the Senate that wants the same thing because they're all running for election in the House in 2018 and a third of them in the Senate. This is the centerpiece, here's what we did."
President Donald Trump has suggested that McConnell should resign if he can't successfully push through the White House's agenda, including tax reform and a "great" infrastructure bill.
On Tuesday, The New York Times reported that Trump and McConnell haven't spoken to each other in weeks, and that their relationship has been conspicuously tense after Trump blamed McConnell for the GOP's health-care failure.
Stocks surged Tuesday after a Politico article said Trump's top aides and Republican congressional leaders have made strides in shaping a major tax overhaul and have "broad consensus" on ways to cut corporate and individual tax rates.
Trump has said the bill could be the "biggest tax cut" in American history.
Norquist, founder and president of Americans for Tax Reform, said the Trump administration's goal of a 15 percent corporate tax rate is possible. He said the White House could run into a few obstacles with the bill.
"There are some limits on how much you can cut taxes for what period," he said. "Some of these tax cuts would be temporary. You can have any tax cuts you want for 10 years under the Senate rules. ... But then in year 11, some or much of it would disappear."