The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and include...Asia Marketsread more
Apple, the company that created the modern-day smartphone, is relying on technology customers are already extremely familiar with, like cameras, and taking a backseat when it...Technologyread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
J.P. Morgan Chase Chairman and CEO Jamie Dimon is backpedaling a bit on his earlier criticisms on cryptocurrencies.
In September, Dimon called bitcoin a fraud. "I regret making" that comment, he said Tuesday on Fox Business.
"The blockchain is real," Dimon added in the interview. "You can have cryptodollars in yen and stuff like that. ICOs ... you got to look at every one individually. The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people."
ICOs stands for initial coin offerings, a controversial way some cyrptocurrency companies are raising funds.
"I'm not interested that much in the subject at all," Dimon added in the interview.
Along with his earlier bitcoin is a "fraud" statement the executive also blasted digital currency investors last year.
"If you're stupid enough to buy it, you'll pay the price for it one day," he said in response to a moderator question at an Institute of International Finance conference in October.
It is noteworthy how the outspoken CEO repeated his positive stance on the technology backing bitcoin, the so-called blockchain.
Blockchain technology eliminates the need for a third party intermediary by creating a permanent, open record of all transactions on a network. As a result a buyer and seller interact directly, while their exchange is recorded on the blockchain ledger.
J.P. Morgan Chase announced in October the launch of a blockchain-based system that will "significantly reduce" the number of parties needed to verify global payments, reducing transaction times "from weeks to hours." Royal Bank of Canada and Australia and New Zealand Banking Group are the bank's partners in the project, called the Interbank Information Network.
The price of bitcoin declined 1.4 percent to $14,760 Tuesday, according to data from industry website CoinDesk. The digital currency is up more than 1,500 percent in the past 12 months.
— CNBC's Evelyn Cheng contributed to this report