The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing the possible sale of...World Politicsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Home Depot CFO Carol Tome says "consumer confidence is near record high levels" but "consumer demand could be impacted" by lingering U.S.-China trade tensions.Mad Money with Jim Cramerread more
The company's stock seesawed after the markets closed Tuesday, initially swinging up by 4% before falling by about 2%.Retailread more
VMware has become accepting of the corporate rush to the cloud. A new acquisition could help it make more revenue as companies adopt a modern approach called serverless...Technologyread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
The United States does not have a defense against hypersonic weapons, which can travel at least five times the speed of sound, or a little more than a mile per second....Defenseread more
Artificial intelligence is "a big help, not a hindrance," according to a Salesforce executive.
"AI is not gonna replace people," Peter Schwartz, senior vice president of strategic planning at Salesforce, told CNBC on Tuesday at the Singapore FinTech Festival.
On the flip side, Schwartz added: "It's going to make people far more capable."
Instead of thinking about the "most mundane things," Schwartz said AI would allow people to "focus" on issues such as creativity and interpersonal skills.
Schwartz's comments on the impact of AI were in line with a report from the World Economic Forum in September, which said developments in automation technologies and artificial intelligence could result in 58 million net new jobs being created by 2022.
"We have smartphones today, but it began with the Blackberry and the Palm Pilot which was pretty crude, but you got a hint of what was to come," he said, using the development of the smartphone industry as a parallel example for where he sees the future of artificial intelligence.
Asked about the potential impact of the trade war on AI development, Schwartz said: "I think this is a really big issue and I'm quite concerned."
Artificial intelligence is an area where both countries are already competing fiercely — to the point that some Silicon Valley investors have previously expressed concerns that China's tech sector will eat their lunch.
Chinese start-ups working on artificial intelligence are already attracting more funding than their American counterparts. Last year, they received 48 percent of global AI funding compared to 38 percent in the U.S., according to CB Insights.
Beijing has previously said it wants to become the world leader in AI by 2030. Local tech companies like Baidu, Alibaba, Tencent, ride-hailing firm Didi Chuxing, on-demand services provider Meituan Dianping are already working extensively on various fields of AI.
"Everybody can win" in the field of AI, Schwartz said. "This is something that everybody can share, and use in very effective ways."
Commenting on the ongoing U.S.-China tariff dispute, Schwartz expressed a desire to see the two economic powerhouses "return to a world of partnership rather than conflict."
"I'd rather it not be a fight. I'd rather find new ways of collaboration," he said.
— CNBC's Saheli Roy Choudhury contributed to this report.