Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.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
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.World Politicsread 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
The White House has notified Powell that it intends to nominate him, the WSJ reported, citing a person familiar with the matter.
Figuring out who the administration would name to succeed current Fed Chair Janet Yellen has been one of Wall Street's favorite parlor games in recent weeks. Powell has long been seen as a front-runner along with former Fed board member Kevin Warsh, Stanford economist John Taylor and Yellen herself.
Trump is slated to announce his decision on Thursday, before he leaves for a trip to Asia on Friday. The WSJ report said the president had settled on his selection on Saturday but could change his mind.
Yellen's four-year term expires in February. She took over as Fed chair in 2014 under President Barack Obama, succeeding the departing Ben Bernanke.
Powell has been seen as the "safe choice" to succeed Yellen because he is not expected to veer drastically from current Fed policy. On Wednesday, the Fed left interest rates alone, though expectations are that it will raise rates at its next meeting in December.