"I don't think we're having a recession," Trump told reporters.Marketsread more
Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
House Speaker Paul Ryan promoted the Republican tax-reform effort on Thursday, but stopped short of offering new details about the politically thorny pieces of the GOP plan.
At a stop at Dixon Vale and Coupling in Maryland, Ryan touted the GOP framework as a tool to boost wages and reduce the tax burden on middle-income Americans. He would not say whether the House is committed to getting rid of state and local tax deductions, saying he did not want to "get ahead" of the Ways and Means Committee, which is writing the bill.
Scrapping those deductions potentially alienate GOP lawmakers in high-tax blue states.
The House took a step toward tax reform by passing its fiscal 2018 budget resolution on Thursday. The Senate Budget Committee also passed its own version of a fiscal 2018 budget.
The House-passed budget and bill the Senate eventually passes will have to get reconciled.
The GOP aims to pass a bill this year broadly lowering individual and corporate tax rates while eliminating some deductions and closing certain loopholes. Republicans introduced a framework of the plan last week, though it lacked many key details.
As they write a bill, lawmakers will face a challenge in cutting rates without significantly increasing the budget deficit. Some possible methods to fund the tax cuts, like eliminating state and local deductions, already face political opposition.