Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
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
Wall Street banks have raised objections to the introduction of bitcoin futures trading, highlighting fears that the financial system can't cope with the cryptocurrency's volatile price swings.
Bitcoin has rocketed higher Thursday, crossing the $15,000 mark less than 48 hours after topping $12,000.
The U.K.'s Financial Times has reported that a letter from the Futures Industry Association, which counts the world's biggest banks among its members, is to be sent Thursday to the Commodity Futures Trading Commission in the U.S.
The letter reportedly criticizes the introduction of bitcoin futures and states that the Chicago exchanges, CME Group and CBOE Global Markets, should not be allowed to launch bitcoin futures under a self-certifying regime.
The FT reported that a draft version seen by the newspaper said proposed rules for bitcoin futures trading do "not align with potential risks that underlie their trading."
CBOE Global Markets is due to launch its bitcoin futures exchange on Sunday. The CME group is due to launch its version on December 17.
For more on this story please click here.