Corporate debt recently passed the $1 trillion mark in a continuing sign of global financial displacement.Marketsread more
"Federal debt, which is already high by historical standards, is on an unsustainable course," CBO director Phillip Swagel said in the report.Politicsread more
The president's remark followed a string of criticisms aimed at his predecessors, whom he claimed had ignored China's alleged malpractice on trade.Politicsread more
President Trump liked Germany's sale of no-interest, 30-year bonds Wednesday, but investors weren't so eager to buy them.Market Insiderread more
SunTrust Robinson Humphrey analysts said in a research note the "Off-Facebook Activity" feature "appears to fall somewhat short of the original pledge by CEO Zuckerberg of...Technologyread more
"If you look at the market over the past week, stocks don't need any help. They are roaring ahead, without the Fed doing anything," says the longtime market strategist.Marketsread more
Target CEO Brian Cornell still thinks the U.S. consumer is strong and spending. Target's latest quarterly results showed the big-box retailer is benefiting from that.Retailread more
Stocks rose on Wednesday as strong quarterly results from retailers such as Target and Lowe's lifted investor sentiment.US Marketsread more
President Trump insists the economy is healthy and says the only thing holding U.S. growth back is the Federal Reserve.Marketsread more
GOP donor John Childs has given over $330,000 to Republican fundraising committees since being charged with soliciting prostituion.Politicsread more
Trading volumes this week are well below recent averages, and that means this comeback may be suspect.Marketsread more
If you're in the market for a new smartphone, you might want to avoid a new device that just launched Tuesday on Amazon and at Best Buy.
The Huawei Mate SE costs just $229 and might seem appealing with its large 5.93-inch screen, Android operating system and big battery, but it's from a company that the U.S. government has warned consumers against purchasing products from.
Last month, leaders from the CIA, FBI and NSA, and the director of national intelligence, said private citizens in the U.S. shouldn't buy phones from Chinese smartphone makers including Huawei and ZTE.
"We're deeply concerned about the risks of allowing any company or entity that is beholden to foreign governments that don't share our values to gain positions of power inside our telecommunications networks," FBI Director Chris Wray testified during a Senate Intelligence Committee hearing in mid-February. Wray also said that the devices give Chinese smartphone makers access or even "control" over the U.S. telecommunications system and "provides the capacity to maliciously modify or steal information" and "conduct undetected espionage."
The comments came after AT&T quietly backed out of selling Huawei's new flagship Mate 10 smartphone in the U.S.
Huawei denied that it's doing anything malicious.
"Huawei is aware of a range of U.S. government activities seemingly aimed at inhibiting Huawei's business in the U.S. market," the company told CNBC last month. "Huawei is trusted by governments and customers in 170 countries worldwide and poses no greater cybersecurity risk than any ICT vendor, sharing as we do common global supply chains and production capabilities."