The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
President Donald Trump said on Sunday he would demand an investigation into whether the FBI had placed surveillance on his 2016 campaign — and whether such activity was ordered by members of the Obama administration.
Ramping up a public war of words between the Oval Office and the law enforcement agency, the president said that he would formally request the Department of Justice probe the FBI's role in investigating his campaign. His remarks come amid reports that the agency had placed a confidential informant somewhere in the Trump campaign's orbit, while he was a still candidate.
In a statement, the Department of Justice said it would ask the Inspector General "to expand the ongoing review of the [Foreign Intelligence Surveillance Act] application process to include determining whether there was any impropriety or political motivation in how the FBI conducted its counterintelligence investigation of persons suspected of involvement with the Russian agents who interfered in the 2016 presidential election."
Deputy Attorney General Rod Rosenstein added that "if anyone did infiltrate or surveil participants in a presidential campaign for inappropriate purposes, we need to know about it and take appropriate action. "
Trump's assertions of a mole, either inside or outside his campaign, have yet to be confirmed. On Saturday, The New York Times reported that FBI agents sent an informant to talk to two Trump campaign advisers, after receiving evidence that they had made contacts linked to Russia during the campaign that were deemed suspicious.
On separate occasions, the unnamed operative met with George Papadopoulos and Carter Page, The Times noted. Trump has attempted to cast the source as a spy.
Trump's implication of Barack Obama, also renews a fight the president picked early in his tenure with his predecessor. In March of 2017, Trump boldly asserted that Obama of ordering surveillance of Trump's residence during the 2016 campaign — an accusation which the former president flatly denied. The FBI, then led by James Comey, said there was no information to support the claim.
Last week, Trump reacted to the suggestion of potential FBI spying as being "bigger than Watergate." Meanwhile, The Washington Post reported this week that allies close to the president were working to expose the source.
Trump and the FBI have been locked in an unprecedented public battle. The president and his allies have long complained about a "deep state" agenda of government officials actively working to undermine his presidency.
The controversy has also stirred angst among other members of the Trump administration, with Rosenstein reportedly telling close confidantes that he was preparing to be fired for his role in the Russia inquiry, NBC News reported last month. The president has repeatedly and pointedly criticized Attorney General Jeff Sessions for recusing himself from the matter.
In an interview with The Post last week, former New York City Mayor Rudolph Giuliani — Trump's personal lawyer — accused law enforcement officials of "covering" for actions committed by the Obama administration.
Meanwhile, Giuliani told The Wall Street Journal in an interview published Sunday that the president shouldn't consent to an interview with Special Counsel Robert Mueller, who is leading the probe into alleged ties between Russia and the Trump campaign, unless the role of a suspected FBI informant was made clear.
Otherwise, the former mayor told the publication, Trump could be "walking into a trap."