Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Basking in the afterglow of his apparently constructive meeting with North Korean leader Kim Jong Un, President Donald Trump said that he'd soon like a "real deal" with the U.S.' other long-time enemy Iran.
Speaking to reporters following a historic meeting with Kim, at which the regime's leader signed an agreement that appeared to commit to the "complete denuclearization of the Korean Peninsula," Trump said he hoped relations could also improve, in time, with Iran.
"I hope that, at the appropriate time, after the sanctions kick in — and they are brutal what we've put on Iran — I hope that they're going to come back and negotiate a real deal because I'd love to be able to do that but right now it's too soon to do that," Trump said.
Relations between the U.S. and Iran started to sour as soon as Trump was elected to the presidency in November 2016, having called an accord to limit Iran's nuclear capabilities — brokered by his predecessor, Barack Obama, and other world powers — a "terrible deal."
Trump followed through on a threat to withdraw the U.S. from the deal in May and said sanctions would be re-imposed on Iran.
Penalties to be re-imposed by August 6 include sanctions on Iran buying or acquiring U.S. dollars, trading gold and other precious metals, sanctions on its sale, supply or trade of metals such as aluminum and steel, as well as sanctions on issuing Iranian debt and its auto sector.
Further sanctions to come later this year will affect Iran's shipping, financial and oil sectors.
Needless to say, the sanctions are expected to damage Iran's economy, with Trump himself describing the sanctions as "brutal" on Tuesday. He added though that a decline in confidence might make the country's officials think about negotiating another deal with the U.S.
"On the Iran deal, I think Iran is a different country now than it was three or four months ago. I don't think they're looking so much to the Mediterranean, I don't think they're looking so much at Syria like they were, with total confidence, I don't think they're so confident right now," he said.
Not long after Trump and Kim's agreement was announced, Iran warned North Korea not to trust the U.S. president who, it said, could cancel their denuclearization agreement within hours.
"We don't know what type of person the North Korean leader is negotiating with. It is not clear that he would not cancel the agreement before returning back home," Iran's government spokesman, Mohammad Bagher Nobakht, said, according to Reuters who quoted the IRNA news agency.