Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
The Supreme Court will start hearing oral arguments on Monday amid a brutal partisan battle over nominee Brett Kavanaugh, the man whose path to the nation's highest court has been blocked by an uproar over allegations of sexual assault.
The claims, made by several women, have put Kavanaugh's confirmation in the balance. The increasingly fractious and partisan process — in which Kavanaugh this week blasted lawmakers for pursuing "a calculated and orchestrated political hit" motivated by "revenge" — has been striking, particularly for a branch of government that generally tries to hold itself above politics.
On Friday, the chances of Kavanaugh being confirmed by the Senate in time to hear cases next week dimmed significantly. President Donald Trump ordering the FBI to conduct a "supplemental" background investigation that could last up to a week.
If Kavanaugh is not on the bench to hear an oral argument, he will not vote on the case. That said, if his vote proves decisive, it's likely that the court will simply have the case re-argued, as it has done in a number of previous vacancies.
Regardless of what happens to Kavanaugh, on Monday, only eight justices will assemble at the Supreme Court building. The last time the justices started a term with a vacancy was in 2016, following the death of Justice Antonin Scalia.
The court's upcoming term may lack the fireworks of the last, during which the court handed down blockbuster rulings on public sector unions, sexual orientation discrimination, and Trump's travel ban.
On Monday the court will hear arguments on two cases: Mount Lemmon Fire District v. Guido and Weyerhaeuser Company v. U.S. Fish and Wildlife Service, or the "frog case."
In Mount Lemmon, the opening case of the term, two former fire fighters have brought suit against a small Arizona fire district, alleging that they were discriminated against because of their age (one of the men was 46, and the other was 54).
The Mount Lemmon fire district has said that the layoffs were forced by a budget shortfall so intense the district resorted to bake sales. It will argue that the age discrimination statute doesn't apply, because it has so few employees.
The case has not sparked much political handwringing, and largely focuses on a narrow technical issue. The Solicitor General and the AARP have both weighed in on behalf of the former fire fighters.
The other case set for argument Monday may prove a bit more contentious. The so-called "frog case" has brought to the fore the plight of the dusky gopher frog, an embattled three-inch amphibian facing population decline for years. The population of approximately 100 adult frogs now mostly live around a single pond in Mississippi.
The government has a plan to resuscitate the dusky gopher frog by relocating it to some of its historical breeding grounds. That has put it at odds with the Weyerhaeuser Company, a homebuilding giant and one of the world's largest private owners of timberlands. The company happens to own some of the land the government designated "critical" for the frog's unusual breeding habits in 2012.
The case is a rare example of the court taking on the Endangered Species Act, a sweeping 1973 environmental law, which has some environmentalists worried that a conservative-leaning court could limit its broad reach.
That worry is exacerbated by the potential replacement of Justice Anthony Kennedy, who largely ruled in favor of environmental interests. For his part, Kavanaugh has been criticized by environmental groups for largely siding with business.
Kavanaugh is likely to miss oral arguments in several other crucial cases on next week's docket, including Madison v. Alabama, one of two major death penalty cases the court has already agreed to take up; and New Prime Inc. v. Oliveira.
In Madison, the court will decide whether it is permissible for the government to execute a man who is suffering from dementia so severe that he cannot remember committing the crime for which the state seeks to execute him.
New Prime, which is being closely watched by both conservative and liberal legal groups, will address which categories of employees can be forced into arbitration.
Notably, the case could be the first this term to have ramifications for the "Me Too" movement, which "has brought new attention to how forced arbitration limits the ability of employees to come together to challenge sexual harassment at work," according to Emily Martin, the vice president for education and workplace justice at the National Women's Law Center.
Martin said her organization is watching two other arbitration cases that will show up later in the term: Lamps Plus Inc v. Varela, and Henry Schein Inc. v. Archer and White Sales Inc.