Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
The shutdown of the fire-damaged Philadelphia Energy Solutions refining complex could send gasoline prices higher across the U.S., but particularly in the mid-Atlantic region...Market Insiderread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
Bitcoin topped the $13,000 level Wednesday, rallying to its highest price since January 2018.Bitcoinread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
During the foreclosure crisis, investors transformed the single-family home rental market into a formally managed asset class. Now they want new homes.Real Estateread more
Wayfair drew backlash and calls from some customers for a boycott after employees protested the company's apparent sale of $200,000 of mattresses and bunk beds destined for a...Retailread more
These are the stocks posting the largest moves midday.Market Insiderread more
President Donald Trump's trade agreement with Mexico is a good step forward but he needs to strike a deal with China to really provide some relief to farmers, Rep. Jackie Walorski, R-Ind., told CNBC on Monday.
"While the farmers are happy and optimistic, as am I, we still have a couple more places to go here before we can say that we really won this battle and put our farmers on top," Walorski said on "Power Lunch " shortly after the deal was announced.
"The retaliatory actions that China has taken are still going to be an impact," she said. Trade tensions continue to escalate between the U.S. and China. Last week, both countries implemented another round of tariffs on $16 billion worth of each other's goods.
Meanwhile, there were no major breakthroughs after U.S. and Chinese officials met last Wednesday and Thursday.
The two countries have now targeted $50 billion of each other's goods and threatened duties on most of the rest of their bilateral trade.
Walorski was among the 20 GOP lawmakers who signed onto a recent letter to Trump from House Ways and Means Committee Chairman Kevin Brady and Trade Subcommittee Chairman Dave Reichert. That letter urged Trump to meet with Chinese President Xi Jinping.
"Let's just strike a deal. A deal that's fair," Walorski told CNBC.
Farmers have been particularly hard hit by China's retaliatory tariffs, which have targeted things like soybeans and pork. In July, Trump said China is "being vicious" by targeting U.S. farmers on purpose.
Walorski, who met with Indiana farmers on Monday, said she is "grateful" to Trump for making progress with Mexico.
However, farmers "need to know that very, very quickly they can kick up this production and they're going to be certain of what the details are of that bill." That said, Walorski insists the agricultural community is still supportive of Trump.
"They believe in the president's plan. They believe in his policy," she said. "They're just fearful of the uncertainty but this is a good step forward."
— CNBC's Fred Imbert and Reuters contributed to this report.