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
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Uber co-founder Garrett Camp has joined The Giving Pledge, a commitment to give away half of their wealth to charity. So has Infosys co-founder Nandan Nilekani, who signed on along with his wife Rohini.
Camp's net worth is estimated at $5.1 billion while Nilekani's is estimated at $1.7 billion.
The Giving Pledge was created in 2010 by Warren Buffett and Bill and Melinda Gates to encourage the world's richest people to "publicly dedicate the majority of their wealth to philanthropy" while they're still alive.
In a personal blog post announcing his plans, Camp spoke of recent travels to Kenya, where he connected with people living without access to basic services like clean water, food and electricity.
"Beyond just making charitable donations, I [will] also begin spending part of my time on projects where hands-on systems design can create more efficient solutions, and help people who need it most," he wrote.
Camp will be conducting philanthropic research and projects via a new foundation, Camp.org. He told CNBC in an email that the foundation's research is just beginning and its initiatives will ramp up over the next few years.
The Nilekanis announced their commitment in a letter posted to The Giving Pledge website.
"Inequality is increasing sharply in most countries," the wrote. "We see the young and the restless in this interconnected unsure of their future, wanting more but anticipating less...What must the super wealthy do?"
Through the EkStep foundation, the Nilekanis have thus far focused on education. In their statement, they promised to be supportive of "societal platforms," including software that can be used to make a positive impact on those most in need.
According to reports from the Nonprofit Research Collaborative, more than half of the non-profits in the U.S. raise between 50 percent and 100 percent of their money from individuals rather than from foundations and corporations. Most of their largest gifts, however, come after a wealthy donor dies.