Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Crude oil prices jump on news of the attack, which Iran says happened over its territory.World Politicsread more
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.Technologyread more
Workplace messaging firm Slack is about to go public in a red-hot IPO market, but it's approach to going public--using a "direct listing"--is slightly different than an IPO.Trader Talk with Bob Pisaniread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetary policy.Economyread more
Declining traffic to Olive Garden, Darden's top restaurant chain, resulted in weaker-than-expected revenue for its fiscal fourth quarter.Restaurantsread more
A Chinese technology firm that made an internet browser it claims is used by the government and can break the "monopoly" of U.S. software has been found to use parts of Google's Chrome browser.
Redcore, a Chinese start-up said it has developed "core technology" with "independent intellectual property rights" in regards to its browser.
But eagle-eyed users on Chinese social media spotted traces of Chrome in the installation directory of Redcore's browser. There was a file in the directory called "Chrome.exe" and some image files of Google's browser. Both the Financial Times and Beijing-based publication Caixin verified the reports. But the company has since taken down the ability to download the browser, so CNBC was unable to independently verify the claims.
It seems that Redcore may have duped investors. A day before the revelations it announced that it had raised 250 million yuan ($36.2 million) in funding from various entities including "large listed companies and government customers," according to the company.
Redcore also marketed its browser as a purely Chinese piece of technology. In a post on messaging service WeChat, Redcore said that the U.S.-China trade tensions have exposed China's reliability on foreign technology, which is why it had decided to launch a browser.
However, after the Chrome code was exposed, Redcore removed the ability to download the browser from its website.
Both Redcore and Google were not immediately available for comment when contacted by CNBC.