Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
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One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
Trump's tweet of support for Tillerson followed a lunch that both men attended along with Defense Secretary James Mattis.
Earlier in the day, Tillerson, the 65-year-old former Exxon Mobil chief executive, called reports about his possible departure "laughable."
On Thursday, multiple news outlets reported that the White House has a plan to oust Tillerson and replace him with CIA Director Mike Pompeo. The change could take place within several weeks, The New York Times reported, though the newspaper noted that it was unclear if Trump signed off on it.
Trump on Friday said he and Tillerson have a good working relationship but noted that he has the "final" say in foreign policy decisions.
"He's not leaving and while we disagree on certain subjects, (I call the final shots) we work well together and America is highly respected again!" Trump wrote.
On Thursday, the State Department said Tillerson would continue with his scheduled duties.
Reports for months have painted a picture of a tense working relationship between the president and his top diplomat. In October, NBC News reported that Tillerson considered leaving the job and called Trump a "moron" during the summer.
The secretary of State then delivered a remarkable, unscheduled statement in which he insisted he "never considered leaving."
Later Friday, two administration officials confirmed to NBC News that R.C. Hammond, Tillerson's senior advisor for strategic communications, will leave mid-December. Hammond had been the only press aide accompanying Tillerson on trips.