Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
President Donald Trump said Thursday morning there will be a meeting at the White House regarding the U.S. steel and aluminum industries.
The announcement, which came in a tweet, comes as markets watch for more concrete signs that Mexico and Canada would be exempted from the aluminum and steel tariffs Trump unveiled in a surprise announcement a week ago.
Trump is considering a 30-day exemption for Canada and Mexico, which would be tied to negotiations on the North American Free Trade Agreement, two sources familiar with the planning told CNBC. The president has repeatedly threatened to pull out of the 1994 pact if negotiators do not figure out a way to overhaul it.
Thursday morning, Trump tweeted: "Looking forward to 3:30 P.M. meeting today at the White House. We have to protect & build our Steel and Aluminum Industries while at the same time showing great flexibility and cooperation toward those that are real friends and treat us fairly on both trade and the military."
The tweet appears to be signalling that an announcement regarding proposed tariffs on steel and aluminum imports would be coming. Meanwhile, NBC News, citing a White House official, reported that the details are still being worked out – and that the president could sign a largely "symbolic" proclamation.
Upon Trump's announcement last week, investors and lawmakers feared that the tariffs could be a catalyst for a trade war.
Those fears were eased somewhat after White House press secretary Sarah Huckabee Sanders said Wednesday that Canada and Mexico — two key U.S. trade partners — could be exempt from the tariffs.
Trump is expected to formally sign off on the tariffs Thursday or Friday, although some reports said the announcement could have been delayed until next week.
CNBC's Kayla Tausche contributed to this report.