Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
"I really want to encourage competition because I think competition creates innovation, and when you create innovation everyone wins," Humana CEO Bruce Broussard says.Health and Scienceread more
The former top aide of retired United Auto Workers Vice President Joe Ashton, a former member of the GM's board, was charged Friday with conspiracy to commit wire fraud and...Autosread more
Stocks fell to their lows of the day on Friday on news that Chinese trade officials are cutting short their visit to the U.S.US Marketsread more
The wearables company has reportedly retained advisers to consider exploring a sale of the business.Technologyread more
Roku shares have more than quadrupled this year, but the stock has had some rocky days of late as more players jump into streaming.Technologyread more
Walmart is the latest to pull back from the industry. Federal regulators said they will soon ban flavored e-cigarettes, while some nations have outlawed the products...Health and Scienceread more
Legal experts say that California, which has pledged to sue, has a strong case that the administration's move is unlawful.Politicsread more
The U.S. economy is heating up as the year progresses, with the second quarter pointing toward some of the gaudy growth that President Donald Trump predicted when he was running for office.
In its most recent forecast, the Atlanta Fed said the three-month period is tracking at a 4.6 percent gain, exactly double the 2017 rate and well above the 2.2 percent in the first quarter. If accurate, the growth rate would easily outdistance the 3.1 percent gain for 2017 in the same three-month period.
While running for president, Trump promised his policies would push the economy toward growth he estimated as high as 6 percent.
The Atlanta district raised its forecast after a report Friday morning indicating a stronger-than-expected inventory build that raised the forecast one-tenth of a point.
Other trackers indicate stronger growth as well, though the central bank's tracker is the most optimistic.
CNBC's reliable Rapid Update, which looks at readings from top economists, sees the second quarter coming in at a healthy 3.7 percent. The New York Fed's Nowcast is tracking a more muted 3.1 percent gain.
The buoyancy comes amid an economy operating close to full employment, with an unemployment rate at 3.8 percent, inflation still hovering at or below 2 percent, and business and consumer confidence strong.
The Federal Reserve is watching growth closely, and is likely to increase interest rates next week at its two-day policy meeting.
"Right now, there's no question: It's feeling strong. I mean, if we're in the sixth inning, we have our sluggers coming to bat right now," Buffett told CNBC, adding that "right now, business is good. There's no question about it."
"The way I look at it, there is nothing that is a real pothole," Dimon added. "If you look at how the table's set, consumers are in very good shape."