As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread 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 plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order.Delivering Alpharead more
"We sell the most mission-critical identity security to the largest global enterprises around the world," says Ping Identity CEO Andre Durand.Marketsread more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
More than half of the patients have been younger than 25 and 16% are younger than 18, CDC principal deputy director Anne Schuchat said.Health and Scienceread more
Microsoft has new services that can provide gaming revenue on top of console sales.Technologyread more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
Trian Partners co-founder and CEO Nelson Peltz explained to CNBC on Thursday the backstory to his firm's position in struggling General Electric.Delivering Alpharead more
President Donald Trump said the stock market would plummet if he were to be removed from office.
"If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday.
"Because without this thinking, you would see numbers that you wouldn't believe in reverse," Trump said, pointing at his head. "I got rid of regulations. The tax cut was a tremendous thing."
The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. The Dow fell slightly on Wednesday and stock futures were little changed Thursday morning. Traders say the market right now expects Trump to avoid impeachment unless the special counsel investigation can tie the president directly to collusion with Russia to sway the 2016 election.
The economy expanded at a 4.1 percent pace last quarter and the Atlanta Fed is forecasting 4.3 percent growth for this quarter. Under Trump, unemployment has fallen to 3.9 percent, around the lowest since 1969.
The is up 7 percent for the year and on Wednesday its run since March 2009 became the longest bull market on record.
"I don't know how you can impeach somebody who's done a great job," the president told "Fox & Friends."
In the interview, Trump suggested it should be illegal for people facing prosecution to co-operate with the government for a reduced sentence, and he didn't rule out pardoning his former campaign chief and newly convicted felon Paul Manafort.
He also admitted he provided the hush money used by attorney Michael Cohen to suppress the allegations of two women that they had affairs with Trump. But he insisted he only knew about payments "later on," contradicting his former lawyer's sworn statement that Trump had directed him to make the payments. Trump has denied the affairs.