Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
If tariffs from the U.S. or China become a reality, the result would be "a serious trade war," Citigroup's chief economist, Willem Buiter, told CNBC on Wednesday.
"It would be the biggest self-inflicted wound since the great financial crisis," Buiter said on "Power Lunch." He added that, "It would be the end of the global recovery," with problems beginning in the and China, but eventually spilling over into Europe, Japan and other countries.
"It would be very disruptive, both for importers and exporters," Buiter said. "And it would be a major cyclical downturn, depending on how intense and how long-lasting this episode would be."
On Tuesday, President Donald Trump met with Japanese Prime Minister Shinzo Abe in Florida. Discussions included the Trans-Pacific Partnership, or TPP, a trade pact, and whether or not the U.S. would rejoin. Some experts say the TPP is one method for dealing with China's allegedly unfair trading practices.
Trump tweeted Tuesday evening that the partnership was not a good deal for the U.S., a move Buiter called "a step backwards."
But Buiter said the final U.S. role in the TPP will likely not be settled for a number of years.