The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Hurricane Maria has intensified and regained its Category 5 hurricane strength, the U.S. National Hurricane Center (NHC) said on Tuesday.
Maria, which made landfall in Dominica as a Category 5 storm on Monday night, is about 205 miles (325 km) southeast of St. Croix with maximum sustained winds of 160 mph (260 km/h), it said.
The storm plowed through Dominica, an island nation of 72,000 people in the eastern Caribbean, late on Monday causing widespread devastation, Prime Minister Roosevelt Skerrit said in a Facebook post.
"I am honestly not preoccupied with physical damage at this time, because it is devastating ... indeed, mind-boggling. My focus now is in rescuing the trapped and securing medical assistance for the injured," he said.
With maximum sustained winds of 155 miles per hour (250 km per hour), the storm slammed into the island as a Category 5 hurricane, the NHC said.
"The winds have swept away the roofs of almost every person I have spoken to or otherwise made contact with," Skerrit said. "The roof to my own official residence was among the first to go and this apparently triggered an avalanche of torn-away roofs in the city and the countryside."
While the intensity of the hurricane may fluctuate over the next day or two, Maria is expected to remain a Category 4 or 5 storm on the Saffir-Simpson scale, the Miami-based NHC said.
The storm was on track to move over the northeastern Caribbean Sea and, by Tuesday night or early on Wednesday, approach the Virgin Islands and Puerto Rico, where millions are still reeling from Hurricane Irma earlier this month.
If Maria retains its strength, it would be the most powerful hurricane to hit Puerto Rico in 85 years, since a Category 4 storm swept the U.S. island territory in 1932, Hurricane Center spokesman Dennis Feltgen said. The last major hurricane to strike Puerto Rico directly was Georges, which made landfall there as a Category 3 storm in 1998, he said.
The governor of Puerto Rico, Ricardo Rossello, urged island residents on Twitter to brace for the storm's arrival, saying, "It is time to seek refuge with a family member, friend or head to a state shelter."
Puerto Rico narrowly avoided a direct hit two weeks ago from Hurricane Irma, which reached a rare Category 5 status and ranked as the most powerful Atlantic storm on record before devastating several smaller islands, including the U.S. Virgin Islands of St. Thomas and St. John.
U.S. Virgin Islands Governor Kenneth Mapp said Maria was due to pass within 10 miles of the island of St. Croix, which escaped the brunt of Irma's clout on Sept. 6. The island is home to about 55,000 year-round residents, roughly half of the entire territory's population.
Mapp warned that hurricane-force winds were expected to howl across St. Croix for eight hours, accompanied by up to a foot and a half (46 cm) of rain that would be followed by nearly a week of additional showers.
At an evening news conference, he predicted most islanders would be without electricity for weeks, and that "some folks will not get power in months." A curfew will be imposed starting at 10 a.m. local time on Tuesday, he said.
Mapp asked the public for prayers and urged St. Croix residents take cover in one of three emergency shelters on the island. For those choosing to stay in their homes during the storm, he said, they might consider climbing into a second-floor bathtub and pulling a mattress over them to stay safe in the event they lose their roofs.
Forecasts predict Maria will be the worst storm to hit St. Croix since Hugo, a Category 4 storm, in 1989.
The territory's two other main islands, St. Thomas and St. John, which lie to the north of St. Croix, sustained widespread heavy damage from Irma, which killed more than 80 people in the Caribbean and the U.S. mainland.
Maria was expected to whip up storm surges — seawater driven ashore by wind — of up to 9 feet (2.7 m) above normal tide levels, the NHC said. Parts of Puerto Rico could see up to 25 inches (64 cm) of rain, it said.
Puerto Rico, an island of about 3.4 million inhabitants, opened shelters and began to dismantle construction cranes that could be vulnerable to Maria's high winds as residents rushed to buy plywood, water and other supplies.
Maria marks the 13th named Atlantic storm of the year, the seventh hurricane so far this season and the fourth major hurricane - defined as Category 3 or higher — following Harvey, Irma and Jose, the NHC said. Those numbers are all above average for a typical season, which is only about half over for 2017.
Hurricane Jose will begin gradually weakening on Wednesday but is likely to produce dangerous surf and rip currents along the east coast of the United States for several more days, the U.S. National Hurricane Center (NHC) said on Tuesday.
Jose is about 365 miles (590 km) south of Nantucket, Massachusetts, with maximum sustained winds of 75 mph (120 km/h), the NHC added.
The center of Hurricane Jose is expected to pass to the east of the New Jersey coast on Wednesday and offshore of southeastern Massachusetts by Thursday, the Miami-based weather forecaster said.
—CNBC contributed to this report.
WATCH: Here's why there's no such thing as a Category 6 hurricane