Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
After the midterm elections, there was optimism there would be bipartisan legislation that could help move the stock market, Pimco's Libby Cantrill told CNBC on Wednesday.
Attorney General Jeff Sessions' resignation could change that.
She said Democrats in the House want to see if they can deliver something legislatively now that they are set to take control in January. Specifically, they want to work with President Donald Trump on infrastructure, said Cantrill, head of public policy for Pimco.
"If we are launching right into investigations, which this could very well lead to when the new Congress comes into session next January, then any sort of attempt or effort for bipartisan, for infrastructure, for market-moving legislation could be thwarted," she told "Closing Bell. "
The embattled attorney general resigned at the "request" of Trump on Wednesday. Sessions' chief of staff, Matthew Whitaker, will serve as acting attorney general. Whitaker will assume oversight of special counsel Robert Mueller's probe into Russian election interference and possible collusion by Trump's campaign into that meddling.
Whitaker, who has publicly criticized the Mueller investigation, will have the power to fire the special counsel "for cause."
Rep. Nancy Pelosi, D-Calif., said Sessions' "firing" was a "blatant" attempt to undermine the probe. Pelosi is expected to become the speaker of the House in January.
Rep. Jerry Nadler, D-N.Y., the anticipated House Judiciary chairman come next year, called for answers. He tweeted Wednesday afternoon: "We will be holding people accountable."
Dan Clifton, head of policy research at Strategas Research, said he "absolutely" thinks Democrats will work with Republicans to pass bipartisan legislation despite possible investigations.
"It's about timing. We're going to have to pass a budget. We're going to have to raise the debt ceiling. We're forced into that regardless of what's happening in the investigations," he said on Closing Bell."
"At the end of the day, the Democrats are going to have to bring results home so that they can win re-election. They won very tight races in Republican districts to take over the majority."
What interests Ed Mills, policy analyst at Raymond James, is the escalating trade tensions between the U.S. and China. And he's concerned that a possible investigation into Trump may ramp up that rhetoric, he said.
"Trump has a history of whenever there is a series of negative headlines to try to change the subject," he told "Closing Bell." "The one subject that he can absolutely change the press narrative on is doubling down on China."
He also said if Trump ultimately winds up firing Mueller, the market may brush it off.
"One of the things that we see with the Trump administration is that something that seems like the biggest thing today, because Trump goes from crisis to crisis to crisis — we generally move on," Mills said.
"What the market will look at is the deregulatory agenda that is coming out of the Senate and what could actually happen legislatively out of the House. … Anything that's even potentially on that list is more fiscal stimulus."
— CNBC's Jacob Pramuk and Dan Mangan contributed to this report.