The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
The Iranian Intelligence Ministry held a briefing on Monday where they announced the alleged spies were Iranian citizens but trained by the CIA.World Newsread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Facebook, Amazon and Alphabet, a collective $2.3 trillion in market cap, are reporting in the coming week. Here's what to watch.Trading Nationread more
The U.K. will find out who its next prime minister will be this week as voting within the U.K.'s ruling Conservative Party comes to a close.Europe Politicsread more
A settlement could reportedly come as soon as Monday.Technologyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Democrat Abigail Spanberger is the apparent winner of a hotly contested House race in Virginia's 7th District, according to NBC News.
Spanberger appears to have defeated two-term Republican Rep. Dave Brat in a nail-biter of a race that was widely seen as a bellwether of how far Democrats could extend their electoral victories in a year that favored them.
Spanberger was likely able to overcome the solidly Republican makeup of the district in part because of both her significant fundraising advantage and unusually high voter enthusiasm among Democrats.
Polling results varied widely throughout the race, but by Election Day, political analysts on both sides of the aisle considered Brat and Spanberger to be locked in a dead heat, with the outcome impossible to predict.
Spanberger also likely benefited from the support of Republicans who had become disenchanted with Brat, and who felt the former economics professor was not sufficiently accessible to his constituents.
A career CIA officer who was born and raised in the 7th District, Spanberger's campaign was hyperlocal, and included hundreds of in-person events where she met with and listened to voters.
Despite her strong candidacy, Brat's loss marks a startling shift in a district that Brat won by 15 points just two years ago.
That same year, President Donald Trump carried the district by 7 points. This time around, however, some voters told CNBC that they had soured on the president, and that they viewed a vote for Spanberger as a way to check Trump's agenda.