Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
Facebook also says it's reacting faster to illicit sales of drugs and firearms.Technologyread more
Boost Mobile founder Peter Adderton said details of Boost's wholesale deal with a combined Sprint-T-Mobile would dictate if the brand can compete.Technologyread more
Amazon is reportedly getting into the wearables space. It would help the company learn more about customers and potentially corner the market on a demographic of older, sicker...Technologyread more
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
"This time, another temper tantrum, again. I pray for the president of the United States," Pelosi said. "I wish that his family or his administration or his staff would have...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Bitcoin climbed Tuesday afternoon, recovering from an earlier drop to its lowest in more than two months.
The gains followed the testimony of two financial regulatory commission chairmen before the Senate Banking Committee that showed how the U.S. government is trying to coordinate its efforts to regulate bitcoin. But the chairmen's comments balanced the need to protect consumers without a heavy-handed crackdown on technological innovation.
Bitcoin's afternoon climb also came as U.S. stocks bounced back from their worst day in years.
Bitcoin one-week performance
The cryptocurrency climbed 12 percent to $7,763 and was trading near $7,600 as of 3:52 p.m., ET, according to CoinDesk's bitcoin price index, which tracks prices from major cryptocurrency exchanges.
Earlier, bitcoin extended a recent slide, falling below $6,000 to its lowest since Nov. 13. Even with the afternoon recovery, the cryptocurrency remains 25 percent lower for February.
Other major cryptocurrencies also turned higher in afternoon trading. Ethereum traded 10.9 percent higher near $774, according to CoinMarketCap, while ripple traded about 8.7 percent higher near 75.2 cents.
Among the largest cryptocurrencies, neo was one of the top gainers, climbing more than 22 percent to $101, according to CoinMarketCap.