Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
The Senate Finance Committee approved its tax reform bill, sending it to a full Senate where some Republicans are skeptical.
The panel voted along party lines late Thursday to advance the Republican proposal.
Committee Chairman Sen. Orrin Hatch, R-Utah, called the bill's advancement a "historic moment."
"Bringing our outdated tax structure into the 21st century will help level the playing field for businesses — both small and large — and ensure we can keep more jobs and more investment here at home," Hatch said in a statement.
The White House released a statement applauding the committee for advancing the bill.
Reiterating its call for passing the tax bill by the end of the year, the White House said, "This legislation cuts taxes for middle-income families and empowers American businesses to create more jobs, increase wages, and propel our economy toward a brighter future."
GOP Senate leaders hope the full Senate can pass the bill after the chamber takes a week off for Thanksgiving. But Republicans will face challenges in passing the bill when they return.
One GOP senator — Ron Johnson of Wisconsin — this week said he would oppose the bill as written. Multiple other GOP senators have also expressed doubts about the plan, creating uncertainty that it can pass only with the narrow Republican majority.
The GOP, which holds 52 seats in the Senate, can only see two defections and still pass the bill with a simple majority under special budget rules.
The bill would permanently chop the corporate tax rate to 20 percent from 35 percent, while making temporary changes to individual income tax rates and several deductions. It would also effectively repeal the Obamacare provision requiring most Americans to buy health insurance or pay a penalty.
Making individual tax cuts temporary and scrapping Obamacare's individual mandate help Republicans to raise revenue and comply with budget rules. But those moves raise the political stakes for supporting the bill.
Sen. Susan Collins, R-Maine, has already expressed concerns about the estimated health-care premium increases caused by the individual mandate repeal.