Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
President Donald Trump on Sunday explicitly linked his proposal to build a barrier between the U.S. and Mexico to ongoing NAFTA negotiations, as he renewed a warning that the flow of illicit drugs and undocumented immigrants from the country "must stop."
Via Twitter, the president ripped the U.S.'s southern neighbor for doing "very little, if nothing" to stem illegal immigration and narcotics from flowing across the border. He repeated a threat he made earlier this year, warning that successful trade pact renegotiations may hinge on Mexico making efforts to secure its side of border.
Trump also took aim at the outlines of a deal to legalize the status of legions of illegal immigrants who arrived in the U.S. as children, and called on Congressional Republicans to exercise a "nuclear option" to toughen immigration. Last fall, Trump canceled the Deferred Action for Childhood Arrivals, colloquially referred to as DACA.
In Mexico, presidential front-runner Andres Manuel Lopez Obrador launched his bid for the country's highest office by signaling that if he won the July 1 election, he would be less accommodating toward Trump than the ruling Institutional Revolutionary Party, or PRI. The party has lagged in opinion polls over its failure to contain violence and corruption.
"Mexico and its people will not be the pinata of any foreign government," Lopez Obrador said in a speech to thousands of people at a speech near the U.S.-Mexico border, where attendees reportedly jeered and swore at the mention of Trump.
With increasing regularity, the president has gotten more aggressive in his negotiating tactics. On several occasions, he's hinted at trying to force Mexico to pay for the proposed border wall, an idea that Mexican officials have emphatically rejected.
Just last week, Defense Secretary James Mattis spoke with Trump about using military funds to pay for the proposed wall, in the wake of the president signing a $1.3 trillion omnibus spending bill that fell short of fully funding the president's request for border security. The budget busting legislation alienated many conservatives, and put Trump on shaky footing with some of his most ardent supporters.
For much of 2017, the White House floated the idea of a border adjustment tax on Mexican goods, a proposal that met stiff resistance in Congress before it was ultimately killed in tax reform talks.
Meanwhile, talks to renegotiate the trade pact between the U.S., Canada and Mexico have gotten increasingly contentious. In theory, a NAFTA termination letter would start the countdown for a 6-month process to abrogate the pact. However, some think Washington could use such a move to gain leverage over Canada and Mexico.
In January, Mexico threatened to leave the negotiations altogether if Trump triggered the process to withdraw from the pact.
--Reuters and CNBC's Amanda Macias contributed to this article.