Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Wild market swings claimed plenty of victims last week, but Cornerstone Macro's Carter Worth says Home Depot is poised for a big breakout.Options Actionread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
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House Minority Leader Nancy Pelosi, D-Calif., is scheduled to brief reporters on the results of the midterm elections on Wednesday.
Pelosi's party secured key victories in the House of Representatives Tuesday, seizing control of the chamber from Republicans. But Pelosi remains a deeply divisive figure in American politics, a frequent target of Republican vitriol who has alienated members of her own party.
More than two dozen House candidates publicly said they would not support her bid for House speaker. Pelosi has said she is not worried about her chances for the top job.
President Donald Trump congratulated Pelosi on the Democratic gains in the House, Pelosi's office said Tuesday night. But on Wednesday, the president wrote on Twitter that Pelosi "deserves to be chosen Speaker of the House by the Democrats."
"If they give her a hard time, perhaps we will add some Republican votes," he wrote. "She has earned this great honor!"