Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Democrats want Mueller's testimony on his probe into Russian interference in the 2016 election and Trump's efforts to influence it.Politicsread more
The trade war between Beijing and Washington appears to have depressed Chinese property purchases in the United States. China's own actions may also be playing a role.Real Estateread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
Markets in Asia fell on Wednesday morning after U.S. Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut.Asia Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Republicans are clamoring for the public release of a memo detailing alleged abuses of the Foreign Intelligence Surveillance Act (FISA) related to the special counsel's investigation of potential Russian influence in the 2016 presidential election.
"The House must immediately make public the memo prepared by the Intelligence Committee regarding the FBI and the Department of Justice," Rep. Matt Gaetz, R-Fla., said. "The facts contained in this memo are jaw-dropping and demand full transparency."
The rallying cry to "release the memo" has exploded both online and in Congress. The hashtag #releasethememo went viral on Twitter and other social media sites on Thursday, and Republican members of Congress issued statements of alarm about its contents.
"I am shocked to read exactly what has taken place. I would think that it would never happen in a country that loves democracy and freedom," Rep. Mark Meadows, R-N.C., said Thursday on the House floor. "It is time that we become transparent in all of this."
While still classified to the public, the four-page memo has become an instant fixation online — thanks in part to Russian propaganda accounts, according to a website claiming to track Russian influence in real time.
The website Hamilton 68, named after one of the Federalist papers authored by founding father Alexander Hamilton, claims to track 600 Twitter accounts "linked to Russian influence operations."
The site's analytics show activity for #releasethememo increased in frequency among the tracked accounts by 265,100 percent in the last 48 hours.
The push from some Republicans follows the release of intelligence-gathering firm Fusion GPS co-founder Glenn Simpson's testimony before the House Intelligence Committee. The prior week, Simpson's testimony before the Senate Judiciary Committee was released by Democratic Sen. Dianne Feinstein of California.
The memo was disclosed for House members following a party-line vote by the House Intelligence Committee. It is currently only available to House members in a classified briefing room called a Sensitive Compartmented Information Facility.
President Donald Trump on Friday signed a reauthorization of FISA, assuring Americans in a tweet that this version of the bill was "NOT the same FISA law that was so wrongly abused during the election."
Democrat Adam Schiff of California, a ranking member of the House Intelligence Committee, called the memo a "profoundly misleading set of talking points drafted by Republican staff attacking the FBI and its handling of the investigation. "