The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
A series of tremors and landslides near North Korea's nuclear test base likely mean the country's sixth and largest blast has destabilized the region, and the Punggye-ri nuclear site may not be used for much longer to test nuclear weapons, experts say.
A small quake was detected early on Friday near the North's nuclear test site, South Korea's weather agency said, but unlike quakes associated with nuclear tests, it did not appear to be manmade. The tremor was the latest in a string of at least three shocks to be observed since Pyongyang's Sept. 3 nuclear test, which caused a 6.3 magnitude earthquake.
Friday's quake was a magnitude 2.7 with a depth of 3 km in North Hamgyong Province in North Korea, the Korea Meteorological Administration said. The United States Geological Survey (USGS) measured the quake at 2.9 magnitude at a depth of 5 km.
The series of quakes has prompted experts and observers to suspect the last test - which the North claimed to be of a hydrogen bomb - may have damaged the mountainous location in the northwest tip of the country, where all of North Korea's six nuclear tests were conducted.
"The explosion from the Sept. 3 test had such power that the existing tunnels within the underground testing site might have caved in," said Kim So-gu, head researcher at the Korea Seismological Institute.
"I think the Punggye-ri region is now pretty saturated. If it goes ahead with another test in this area, it could risk radioactive pollution."
According to 38 North, a Washington-based project which monitors North Korea, numerous landslides throughout the nuclear test site have been detected via satellite images after the sixth test. These disturbances are more numerous and widespread than seen after any of the North's previous tests, 38 North said.
The explosion from the sixth test was large enough for residents of the Chinese border city of Yanji, 200 km (125 miles) north of North Korea's nuclear test site, to feel the ground shake beneath their feet.
"The reason why Punggye-ri has become North Korea's nuclear testing field is because this area was considered stable and rarely saw tremors in the past," said Hong Tae-kyung, a professor of earth system science at Yonsei University in Seoul. "The recent small quakes suggest that the test might have triggered crust deformation."
South Korea's spy agency said recently the North was readying possibly two more tunnels following its latest test, according to ruling Democratic Party lawmakers who had been briefed on the issue.
The tunnel used for Pyongyang's first nuclear test had been shut down after that test, while a second tunnel had been used for the following five, the National Intelligence Service was cited as saying last month. This second tunnel may have caved in after the sixth test, the intelligence officials said.
North Korea has hinted its next test could be above the ground. Foreign Minister Ri Yong Ho said last month the North could test "an unprecedented scale hydrogen bomb" over the Pacific Ocean, in response to U.S. President Donald Trump's threat to "totally destroy" the country.
Arms experts say detonating a nuclear-tipped missile over the Pacific Ocean, while seen as the logical final step to prove the success of its weapons programme, would be extremely provocative and carry huge risks.
Another issue that could keep North Korea from using Punggye-ri for nuclear tests the nearby active volcano of Mt. Paektu, Yonsei University's Hong said.
The 2,744 meter (9,003 ft) mountain, straddling the northwestern border between China and North Korea, last erupted in 1903. Since North Korea began testing its nuclear capabilities, experts have debated whether explosions at Punggye-ri could trigger another volcanic eruption.