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
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
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread 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
Indicted former Trump aide Paul Manafort has a long history of working with Republican presidential candidates as far back as Gerald Ford and with the Ukrainian leader who was backed by Russian President Vladimir Putin.
The indictment unsealed Monday charged Manafort with 12 counts related to hiding foreign payments, including conspiracy. Manafort and former business partner Rick Gates, who was also charged in the indictment, surrendered Monday.
Manafort, 68, was born in New Britain, Connecticut, and attended Georgetown University and Georgetown University Law School, according to The American Presidency Project, a database compiled by researchers at the University of California, Santa Barbara.
In the 1976 presidential campaign, he helped manage the convention floor for Ford, and later worked for the campaigns of Ronald Reagan, George H.W. Bush and Bob Dole.
Manafort was also a senior advisor to Viktor F. Yanukovych, the pro-Russian president of Ukraine from 2010 until he was driven from power in 2014. One of the indictment counts says that from about 2008 to 2014, Manafort and Gates acted as foreign agents without registering, as the law requires.
Those connections to Russia have attracted the most scrutiny as the Trump administration grapples with the investigation by special counsel Robert Mueller into possible Russian influence on the presidential election.
On Aug. 14, 2016, The New York Times, citing Ukraine's National Anti-Corruption Bureau, reported that secret, handwritten records show $12.7 million in undisclosed cash payments designated for Manafort from Yanukovych's political party from 2007 to 2012. Manafort's lawyer denied to the Times that Manafort had received the payments.
Three days later, Manafort was effectively demoted when Trump named Breitbart News head Steve Bannon as campaign chief executive officer and promoted Kellyanne Conway to campaign manager.
Manafort resigned on Aug. 19.
According to an April 4 transcript of a CNN interview, Manafort said, "As far as the Yanukovych administration is concerned, you will see if you do any fact checking that I was the person that negotiated the framework, which is based upon which Ukraine is now a part of Europe. That was my role. That's what I did. And when it was completed, I left."
In September, The Washington Post, citing sources, reported that Manafort offered to brief a Russian billionaire with Kremlin ties about the 2016 presidential campaign. Earlier this year, news reports revealed that Manafort also attended a June 2016 meeting with a Russian lawyer at Trump Tower at which Trump's son Donald Trump Jr. and son-in-law, Jared Kushner, were also present.
— CNBC's Christine Wang and Reuters contributed to this report.