Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
A forecast for Hurricane Irma has shifted the trajectory of the mega-storm slightly westward, which may mean direct hits on the Florida Keys and worst-case scenarios unfolding for major cities like Naples, Fort Myers and Tampa.
As of midday Saturday East Coast time, Irma had been downgraded slightly to a Category 3, but was expected to regain strength as it reached the outskirts of Florida. Modeling from the NBC Weather Unit now expects catastrophic wind and storm damage in the Keys early Sunday morning. Marco Island, Naples, Cape Coral and Fort Myers are likely to be struck later on Sunday.
A shift west would still mean that the east coast of Florida sees hurricane gusts and damage, NBC said, but it makes catastrophic effects less likely from Miami northwards. On Saturday, an updated forecast showed the South Florida redoubts of Miami, Fort Lauderdale and Palm Beach — all of which were predicted to be Irma's primary targets — nearly out of the storm's cone.
The outer band of Irma, which has killed at least 22 people in the Caribbean, was already lashing South Florida with tropical storm-force winds and left nearly 25,000 people without power, Florida Governor Rick Scott said.
Irma could inflict major damage on the fourth-largest U.S. state by population, which is braced for winds well in excess of 100 miles per hour and a huge storm surge that could trigger coastal flooding.
"This is a deadly storm and our state has never seen anything like it," Scott said at a Saturday morning news conference.
Irma, one of the most powerful Atlantic storms in a century, strengthened and made landfall on an island chain in Cuba as a category 5 storm, according to a late Friday night tweet from the U.S. National Hurricane Center (NHC).
By Saturday morning, it was again downgraded to a category 3 storm moving along the Camaguey Archipelago, the NHC said.
The NHC also extended hurricane warnings northward along the Florida peninsula.
Earlier on Friday, the "extremely dangerous" hurricane was downgraded from a category 5 to a category 4, but it still packed winds as strong as 155 miles per hour at that time, the NHC said in an advisory.
Irma has already lashed the Caribbean with devastating winds and torrential rain, leaving behind at least 21 deaths and a swath of destruction.
Dozens of cities and counties in increasingly-northern regions of Florida are issuing mandatory evacuations that have affected millions of residents. Some highways have ground to a halt from congestion as evacuees flee the most dangerous hurricane areas.
Florida Governor Rick Scott is scheduled to deliver an update on the storm on Saturday morning from Sarasota.
— Reuters, NBC News' Bill Karins, and CNBC's Javier E. David, Kevin Breuninger and Spencer Kimball contributed to this report.