Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
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
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread 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
"I don't want to do business at all because it is a national security threat," Trump told reporters.Technologyread 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
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.World Politicsread 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
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
China's state planner on Monday approved a $6.06 billion airport expansion project in Urumqi, capital of the far western region of Xinjiang, a key hub in China's Belt and Road initiative.
Construction will run through 2030 when the expanded airport is expected to handle 63 million passengers and 750,000 tonnes of cargo a year, the National Development and Reform Commission (NDRC) said in a statement.
The expansion includes construction of two additional runways.
The investment value is over half of what China is spending on Beijing's new mega-airport project — Daxing International Airport — that costs 80 billion yuan and will serve 72 million passengers a year by 2025.
Oil and mineral-rich Xinjiang has seen infrastructure construction spring up across the region in recent years as it is considered by China to be a key node in President Xi Jinping's Belt and Road initiative.
Xi's multi-billion-dollar plan aims to bolster a sprawling network of land and sea links with Asian neighbors and beyond.
The central government is also investing heavily in the country's sometimes restive western regions to ease poverty and better integrate them into the national economy. Xinjiang is also heavily Muslim.
Beijing has faced an outcry from activists, foreign governments and U.N. rights experts over mass detentions and strict surveillance of the mostly Muslim Uighur minority and other Muslim groups who call Xinjiang home.
Economic growth in China's western regions slowed in the first half of the year, mostly due to a decline in fixed asset investment.
While Xinjiang is the biggest among China's provinces and autonomous regions by area, its $144 billion economy ranks among the smallest.
The Urumqi expansion is aimed at accommodating the rapid aviation growth in Xinjiang and spurring the growth of an international aviation hub in the city, the NDRC said.
China is planning hundreds of airports across the country to serve a market boosted by rising business travel and tourism fueled by a growing middle class.
Last year, Xinjiang received more than 100 million domestic and overseas tourists, up a third on the previous year.
Many inland airports in cities such as Zhengzhou and Changsha have also expanded to serve intercontinental routes. Urumqi already serves flights to and from Kazakhstan,
Kyrgyzstan, Tajikistan, Uzbekistan, Russia and the United Arab Emirates.
China Southern Airlines, which just announced plans to leave the SkyTeam airline alliance, has a hub in Urumqi.