Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Gap Inc.'s fiscal second-quarter earnings topped analysts' estimates but sales missed. Same-store sales dropped 4% during the period, worse than expected.Retailread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Dallas Fed President Robert Kaplan would like to avoid additional stimulus but is keeping an "open mind."The Fedread more
Overstock CEO Partick Byrne has resigned from the e-commerce company after making comments about his role in the "deep state."Technologyread more
It was the third trigger of the recession indicator in less than two weeks.Bondsread more
Automakers are trying to deal with President Trump's efforts to roll back Obama-era fuel efficiency rules.Autosread more
Former Facebook director Donald Graham sees a lot of work ahead of the social media giant to clean up misinformation of the platform, but he expressed confidence in its leadership.
"Facebook's got a big job cleaning it up," the former Washington Post publisher and current Graham Holdings chairman said in an interview on CNBC's "Squawk Box " on Tuesday.
A New York Times investigation last week alleged that CEO Mark Zuckerberg and Chief Operation Officer Sheryl Sandberg resisted efforts to investigate Russian activity on Facebook quickly enough.
Graham said he still believes in Zuckerberg and Sandberg to lead the company out of the past year's series of scandals. "I believe as strongly as I can in the two people working to fix it," he said.
When asked whether Facebook's advertising model is still right for the social media company, Graham said, "I don't see another model that remotely could build today's Facebook." He reaffirmed his confidence in the company by saying that unlike some of its tech peers, including Google and Amazon, "nobody needs to go on Facebook unless they find it enjoyable or useful."