Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
Trading volumes this week are well below recent averages, and that means this comeback may be suspect.Marketsread more
The rule could defy a 2015 Flores Settlement Agreement court order that says families cannot be held in detention for more than 20 days.Politicsread more
A key indicator for the commercial real estate market is showing signs of weakness, and uncertainty in the economy over the trade war and interest rates may be to blame.Real Estateread more
Bank of America CEO Brian Moynihan is not worried about an economic slowdown, saying the U.S. consumer is still in a strong place.Banksread more
In a second-round of tweets aimed at the U.S. central bank, the president asked, "WHERE IS THE FEDERAL RESERVE?"Marketsread more
Attorney General Jeff Sessions is set to face a fresh round of questions from lawmakers this morning about the Trump campaign's contacts with Russian officials. Newly disclosed interactions involving Trump campaign advisors raise questions, Democrats say. (WSJ)
In a letter to the House Judiciary Committee, the Justice Department said prosecutors are looking into whether a special counsel could be appointed to look into the Clinton Foundation's dealings and an Obama-era uranium deal with Russia. (NY Times)
President Trump's oldest son released a series of previously private messages he received from WikiLeaks and his responses. In the exchanges, WikiLeaks asks Donald Trump Jr. to push its leaks and to release his father's tax returns to the site. (AP)
Trump left the Philippines today without attending an annual East Asia Summit, due to delays in the schedule of the program of meetings. Trump sent Secretary of State Rex Tillerson instead. Trump returns to the U.S. today. (Reuters)
Treasury Secretary Steven Mnuchin told the Wall Street Journal that the president would not support any tax reform legislation from the House or Senate with a corporate tax rate of more than 20 percent as part of any future compromise.
Senate Majority Leader Mitch McConnell led a chorus of establishment Republicans urging Roy Moore, the party's Senate candidate in Alabama, to quit the race as a fifth woman came forward with allegations that Moore had sexual contact with teenage girls decades ago. (Reuters)
A House committee is set to hold a hearing today on its own sexual harassment training and policy to examine changes proposed by Rep. Jackie Speier, who went public with her own story of harassment from the days when she was a congressional staffer in her 20s. (NBC News)
The female cast members of the popular TV drama "One Tree Hill" reportedly joined with the show's crew to write a letter accusing the former showrunner Mark Schwahn of "traumatizing" sexual harassment on the set of the show. (USA Today)
Goldman Sachs (GS) has written down to zero the value of its stake in The Weinstein Company, the movie studio started by Harvey Weinstein who stepped down last month after sexual assault allegations. (Reuters)
Amazon (AMZN) has agreed to sell parts of its cloud business in China to Beijing Sinnet for up to $301 million. But the U.S. e-commerce giant said it was not exiting the world's second-largest economy. (CNBC)
Apple (AAPL) is exploring a rear-facing 3-D sensor system for the iPhone to be released in 2019, Bloomberg reported today citing people familiar with the matter. The tech would reportedly be different than the sensor found in the iPhone X.
The Food and Drug Administration has for the first time approved a digital pill that can tell doctors whether, and when, patients take their medication. The device could address the longstanding and expensive problem of patients not taking drugs as prescribed. (NY Times)
The American Heart Association and the American College of Cardiology released new guidelines for high blood pressure, which means tens of millions more Americans will meet the criteria for the condition. (NY Times)
Boeing (BA) has firmed up its order to sell four cargo freighters to Ethiopian Airlines for a total list price of $1.3 billion. The aircraft are expected to be delivered in 2018 and 2019.
Vodafone (VOD) increased its full-year earnings forecast, after the telecom company matched bottom line estimates with its latest results and reported better than expected revenue.
Citrix Systems (CTXS) added $1.7 billion to its common stock buyback authorization. That brings the cloud computing solutions firm's total authorization to more than $2 billion.
Taubman Centers (TCO) has seen Elliott Management amass a "sizable" stake in the shopping center operator, according to a Bloomberg report, though the stake remains below 5 percent.
Wal-Mart (WMT) will operate a flagship store for retail chain Lord & Taylor on its Walmart.com website, with a launch expected in the spring of 2018.
Amazon (AMZN) is bringing J.R.R. Tokien's "The Lord of the Rings" to life as a television series after the online giant acquired the TV rights for the books. The show will be a prequel rather than the story audiences already know. (The Verge)
The new Electronic Arts (EA) "Star Wars" game is still days away from its official launch, but "Battlefront II" and its lofty in-game prices have already provoked outrage among gamers. A developer is even getting death threats. (CNBC)