The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Former president Bill Clinton dismissed on Saturday suggestions that his foundation's funds have been diverted to personal uses, calling such accusations a "personal insult" to his family amid renewed scrutiny of its fundraising and management practices.
The Clinton Foundation operates a range of philanthropic projects around the world and has raised billions since its founding, but that prodigious fundraising has come with accusations of influence peddling. The foundation has found itself in the spotlight recently, after the Justice Department announced earlier this month it was probing the organization for potentially engaging in improper dealings while Hillary Clinton served as Secretary of State.
Responding to renewed speculation about the foundation's activities, the former president took to Twitter on Saturday to deny that the organization's funds were not devoted to personal use. In his tweet, Clinton linked to a Washington Post article that sought to examine several of the facts at the heart of those accusations, which were first revealed by Wikileaks during the heat of the 2016 general election.
Despite scoring relatively high in accountability and transparency by nonprofit watchdogs, the foundation nonetheless became a flash-point in the 2016 election.
It was dogged by accusations of influence peddling, self dealing and conflicts of interests, due in large part to hefty contributions from foreign governments and other influential donors. Since the organization's inception, tens of millions from big donors have flowed to the organization, according to the Foundation's public database.