Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."Retailread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
A U.S.-China trade deal would be less likely if President Xi cracks down violently on the large-scale protests in Hong Kong, Secretary of State Mike Pompeo tells CNBC.Politicsread more
The launch follows a "preview" earlier this month that allowed only limited customers to apply.Technologyread more
Financial advisers are always "buying at the wrong time and selling at the wrong time because they're emotional," the billionaire founder of Baron Capital says.Marketsread more
Energy stocks may be fueling up for a comeback rally. One technical analyst says that after the sector's pummeling, these two stocks look particularly good.Trading Nationread more
Bruce Linton says he bought more stock in Canopy Growth — even though the cannabis company he co-founded fired him earlier this summer.Health and Scienceread more
A new probe could bring more pressure to some of the nation's largest tech firms, which are already facing scrutiny on the federal level.Technologyread more
Got extra stuff? Got extra space? A new company is ready to make a match. Neighbor is a barely two-year-old company that connects homeowners online with people who need...Real Estateread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Nobel-winning economist Robert Shiller takes issue with the Federal Reserve's rate cut in July, saying it caused psychological harm to the markets.Marketsread more
Chinese state media over the weekend slammed U.S. Secretary of State Mike Pompeo's comments in Mexico, where he cautioned against vast China's investments in the region, saying his remarks were "ignorant and malicious."
The secretary of state said he was not against legitimate Chinese investments, but "when China comes calling it's not always to the good of your citizens," Pompeo said Thursday in Mexico City, according to comments posted on the U.S. State Department's website.
"When they show up with a straight-up, legitimate investment that's transparent and according to the rule of law, that's called competition and it's something that the United States welcomes," said Pompeo. "But when they show up with deals that seem to be too good to be true it's often the case that they, in fact, are."
Pompeo, who was visiting Panama and Mexico, took issue with how Chinese "state-owned enterprises show up in a way that is clearly not transparent, clearly not market-driven, and is designed not to benefit the people of Panama but rather to benefit the Chinese Government."
"Those are the kind of things we think are both inappropriate and not good for the people of Panama or any other country where China is engaged in this kind of predatory economic activity," he said.
"Such wild remarks are what we have come to expect from members of the Trump administration, being based on neither truth nor fact," the newspaper said in an editorial on Sunday.
The project aims to connect Asia, Europe, the Middle East and Africa with vast logistics and transport networks. While Beijing has touted the project as a mutual economic development initiative, it's widely seen as an attempt by China to construct a massive, multi-national zone of economic and political influence that has Beijing at its core.
"Pompeo's latest undisguised message to Panama and other countries not to participate in China-proposed Belt and Road projects lays bare the U.S. condescending and bullying manner to the region," said the English-language China Daily.
"Washington continually tries this tired old tactic of trying to pin suspicions about China's motives on the Belt and Road so as hinder its advancement, " the newspaper added.
The Global Times newspaper, which is linked to the Chinese Communist Party, said in a separate editorial that Pompeo's comments were "disrespectful."
The U.S. was "trying to drive a wedge" between China and Latin America, it said in an op-ed on Sunday.
"For years, Latin American countries have been pursuing peace and development, on which, however, the U.S. did not offer much support. Latin American countries depend on the U.S. economy, but the U.S. does not make the region rich and prosperous," the nationalistic newspaper said.
"Relations between China and Latin America are based on mutual respect and equality. As China is winning trust and support from Latin America, the U.S. feels lost and is trying to drive a wedge," Global Times added.