Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
A temporary airspace closure forced flights coming into Dubai from Australia, Singapore and India to be diverted to nearby airports.Airlinesread more
As the home to major companies such as Garmin, Sprint, H&R Block and Russell Stover Chocolates, plenty of business travelers find themselves in Kansas City for work. Here's...Travelread more
Investors are asking how the world's third-largest defense spender could have left itself so vulnerable and what that means for the future.Politicsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
Solar power is on the rise. You can see the evidence on rooftops and in the desert, where utility-scale solar plants are popping up. The picture is not all rosy, but if the...Technologyread more
Greenspan, 92, suggested the nearly 50-year low unemployment rate coupled with American corporations clamoring for workers will force up wages and inflation. "Ultimately prices take hold," he said.
"This is the tightest market, labor market, I've ever seen, he said in an interview with "Squawk Box." "But concurrently, we have a very slow productivity increase."
Greenspan — who served as chairman of the Fed from 1987 to 2006, spanning four presidents — said that's having a significant impact on GDP growth.
"And, therefore, it's ultimately the source of populism, which has infected the United States," he added.
President Donald Trump has repeatedly slammed Fed Chairman Jerome Powell in recent weeks, saying the Fed is increasing rates too quickly and that stronger economic growth won't lead to problematic inflation.
In the CNBC interview, Greenspan gave Powell a vote of confidence, saying he's not worried about where the Powell-led Fed is headed with monetary policy. Greenspan added the best way for central bankers to deal with presidential jawboning, which happens during all administrations, is to put on "earmuffs."
According to minutes released of the Fed's most recent policy meeting, central bank officials remain convinced that continuing to gradually increase interest rates is the best formula to preserve a steady economy.
Greenspan's new book, "Capitalism In America: A History," which he co-authored with Economist political editor Adrian Wooldridge, was released this week.
— CNBC's Jeff Cox contributed to this report.