Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Prosecutors allege that Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in...Politicsread more
Oil prices tumble as the market braces for a prolonged U.S.-China trade war and on signs the U.S. is willing to negotiate with Iran.Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
In its 35-year history, Dell has grown from a PC maker to a technology conglomerate with $90 billion in revenue and services in storage, servers, cloud infrastructure and data...Technologyread more
New Jersey Democrat Bob Menendez is projected to hang on to his U.S. Senate seat after a bitter re-election campaign that followed a mistrial in a corruption case, according to an NBC News projection.
The result will come as a relief to the Democratic Party, which could not afford to lose a Senate seat from what is usually a solid blue state.
Democrats were already at risk of losing ground in the Senate, where the party was defending 10 seats in states that President Donald Trump won in 2016. The GOP held a 51-49 advantage in the chamber heading into Election Day.
Menendez's Republican rival in the race, former pharmaceutical executive Bob Hugin, used a mostly self-funded campaign to hammer the Democrat for months. Hugin unleashed a torrent of ads targeting Menendez for his ethics issues.
Menendez was indicted on federal corruption charges in 2015 for allegedly accepting hundreds of thousands of dollars in gifts and bribes, although his trial ended last November with a mistrial. The Justice Department then dropped the charges in January. The Senate Ethics Committee, however, admonished Menendez in April.
Menendez, aided by national Democratic groups, responded by ripping Hugin's track record of raising drug prices while he was an executive at Celgene. Health care was voters' top issue throughout midterm cycle polling.
The nonpartisan Cook Political Report deemed the race a toss-up, even as Menendez consistently led polls in the mid- to high-single digits.