Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Bank of England (BOE) Governor Mark Carney gave his backing on Tuesday to a Brexit deal struck by British Prime Minister Theresa May and European Union officials because it would help smooth the country's departure from the bloc.
"We have emphasized from the start the importance of having some transition between the current arrangements and the ultimate arrangements," he said.
"So we welcome the transition arrangements in the withdrawal agreement ... and take note of the possibility of extending that transition period."
May last week agreed a withdrawal deal with Brussels. But it faces stiff resistance in her Conservative Party, meaning it could fail in parliament. The value of sterling fell sharply on concerns that Britain could leave the EU in March with no deal.
Carney, speaking to lawmakers, also said a planned analysis by the central bank of the economic implications of Brexit would not include an assessment of the effect of Britain deciding to stay in the bloc.
"We're not intending to look at providing additional analysis on the third scenario which is no Brexit at all," Carney said.
Carney and other BOE officials speaking alongside him on Tuesday repeated their warning to investors not to assume that the central bank would respond to a no-deal shock by cutting interest rates, as it did after the Brexit referendum in 2016.