More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Warren's election reform proposal includes standardized federal election rules, increased federal oversight of elections, and a constitutional amendment guaranteeing voting...Politicsread more
Apple's iOS 13 is coming this fall, but you can already try it on your iPhone with the new public beta. Here are some of the best hidden features.Technologyread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Chinese e-commerce firm JD.com's shares came under further pressure on Monday after the company reported its slowest quarterly revenue growth since its initial public offering in 2014.
On Monday it said slower sales in its core e-commerce business, particularly big ticket items, dented third-quarter earnings growth.
While revenue rose 25 percent from the same period a year earlier, it lagged analysts' forecasts and was well below previous growth rates, which peaked at over 60 percent in 2015.
The company also forecast fourth quarter sales growth between 18 and 23 percent, slightly below an average analyst estimate of 23.5 percent.
JD.com's shares were down over 5 percent in pre-market trade on Nasdaq.
Concerns over the Sino-US trade war and a legal allegation facing Chief Executive Richard Liu's have pushed down JD.com shares by more than 44 percent this year. Shares of its bigger rival Alibaba have shed 11 percent.
Both firms are making efforts to reach new consumers in Southeast Asia and rural China as demand tapers off in big cities. Earlier this month, Alibaba lowered its forecast for full-year sales, citing economic uncertainty linked to the trade war.
JD.com's technology and content costs for the third quarter were 3.4 billion yuan, almost doubling from a year earlier, reflecting a steep investment in research and development, including warehouse technology, offline retail and drones.
In August the company said it will move its warehouse business into a separate unit, offering logistics management to third-party brands as well as its own platform, in a bid to boost income.
JD.com said revenue totalled 104.8 billion yuan ($15.09 billion) for the quarter ended Sept. 30, missing an average estimate of 106.2 billion yuan from 22 analysts, according to IBES data from Refinitiv.
JD.com's volumes are seasonally lower in the third quarter as it ramps up to its November Singles' Day promotion period. This year, it sold 158.9 billion yuan in goods during the month-long event, up 17 percent form a year earlier.
Despite the lower-than-expected sales, the company reported income of 0.80 yuan per share, above an estimate of 0.72 yuan, driven by stronger sales in its tech services unit, which grew at almost twice the rate of its general product sales.
JD.com has recently been in news for the arrest of chief Richard Liu, over alleged sexual misconduct in the United States.
He was released after a night in jail and JD.com has said the accusation against Liu was unsubstantiated.
The firm did not make any further comment on the issue in what is its first quarterly results since the arrest.