As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Vice President Pence's sit-down with CNBC's Joe Kernen comes as President Donald Trump's White House navigates a forest of thorny political issues.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
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread 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
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
Jim Chanos, founder of Kynikos Associates, revealed Thursday a stock he has been shorting for years: kidney dialysis company DaVita.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
Forecasters say Hurricane Jerry could pass just north of the Leeward Islands on Friday, then move between Puerto Rico and the Bahamas on Saturday and Sunday.Weather & Natural Disastersread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
CNBC's Jim Cramer said Tuesday that it almost seems like Jerome Powell is being aggressive in his path to raise interest rates because the Federal Reserve chair wants throw a wrench in President Donald Trump's agenda.
"Maybe he wants Trump to lose," Cramer argued on "Squawk on the Street," questioning Powell's motives. The Fed declined to respond to those comments. The White House was not immediately available.
The Fed has already raised rates three times this year, and one more is expected in December. Earlier this month, Powell said rates are a long way from so-called neutral.
Cramer also reiterated on Tuesday his argument that the central bank should increase rates one more time this year and then "wait and see." Powell "has to hike in December and then say, 'pause,'" he added.
On Monday night, Cramer said the only thing that can stop the market's recent plunge is the Fed changing course on interest rates or Trump ending his tariffs.
"My main fear is that we could have a mini version of 2008 if the Fed doesn't change course," Cramer said. "If Fed chief Jerome Powell actually starts listening to the stock market and wakes up to the damage that [Trump's] tariffs can do to the economy, then maybe he'll shift gears, just like [then-Fed Chairman Alan Greenspan] did in '98."