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
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
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Voters across the country will head to the polls on Tuesday to determine which party controls the House of Representatives and the Senate for the final two years of President Donald Trump's first term in office.
But it is not just lawmakers on the ballot. More than 150 ballot measures will be up for consideration on Tuesday, according to a Ballotpedia tally, including 63 measures placed on the ballot by petition that could create new laws or strike down old ones, circumventing state legislatures.
The bottom of the ballot may not be earning headlines, but it is fertile ground for big spenders looking to shape policy at the state level. Ballot measure campaigns have spent more than $1 billion this cycle — on par with the amount raised for a successful presidential bid — and have attracted the attention of major businesses and spending groups.
The issues are heavily charged. In three states, West Virginia, Oregon and Alabama, voters will consider placing new limits on abortion access. In three others — Idaho, Utah and Nebraska — voters could choose to expand Medicaid over strong local Republican opposition.
The key issues this year are election reform and marijuana legalization, with voters in 16 states taking up the issues. Measures in a number of states have pit renewable energy proponents against heavily funded opposition campaigns. Six states could face tougher limits on their ability to collect taxes.
One of the most closely watched initiatives is a Florida proposal that could restore voting rights to most convicted felons in the state.
The measure is expected to pass, which would enfranchise more than 1.5 million people — 10 percent of the voting population — in a state that often proves critical in presidential races. Interestingly, there has been little in the way of organized opposition.
Voters in four other states will decide issues that observers say could "end gerrymandering" by shifting redistricting decisions from elected officials to independent commissions. It's an issue that has rattled statehouses around the country and could prove consequential for the national political landscape.
The U.S. Supreme Court took up the issue earlier this year, but ultimately punted on a major ruling, lending more weight to the measures on the ballot in Michigan, Utah, Missouri and Colorado.
Despite a federal prohibition, nine states and the District of Columbia allow for recreational marijuana use. If pot advocates have their way on Tuesday, two more states could join in.
Voters in Michigan and North Dakota will decide whether to permit recreational weed use via ballot measures this Election Day. That is in addition to measures in Missouri and Utah that could allow the drug for medicinal purposes.
2016 was seen as a watershed year for marijuana legalization, and much of the activity took place via ballot measure. Arkansas, California, Florida, Massachusetts, Nevada and North Dakota all increased access to marijuana that year.
A number of progressive initiatives to increase renewable energy use are butting up against heavy spending from business groups opposed to the proposed regulations. Climate activists have largely turned to the states, given the federal government's reluctance to act, and November's voting could indicate how successful that strategy could be.
In Washington state, voters will return to an issue they did not approve in 2016 that would put a tax on carbon emissions. The measure, backed by Democratic Gov. Jay Inslee, would hit large producers of carbon emissions with a fee that would fund clean energy projects, among other items.
The billionaire Democrat Tom Steyer, the anti-Trump organizer who leads NextGen America, has entered the fray in Arizona and Nevada. His group is underwriting measures in those states that would require utilities to source half their energy from renewable sources. In Arizona, the proposal has led to the "clash of the financial titans," according to the Arizona Capitol Times, with the state's largest electric utility contributing $11 million in opposition.
Polling on state ballot measures is sparse, though 68 percent of voters said they supported the Nevada renewable energy measure in an April poll. In contrast, a September poll showed that a plurality of Arizonans opposed the measure in their state.
Meanwhile, in Colorado, liberal groups and industry stalwarts are locked in a fight over the economic impact of a proposal that would impose new regulations on new oil and gas wells. The Colorado Oil and Gas Conservation Commission says the proposal, which would bar drilling near homes, schools and rivers, would cost the state more than $1 billion over the next 12 years.