The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread 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
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
As "Small Business Saturday" becomes a worldwide phenomenon, lenders are becoming aware of the investment opportunities on Main Street, former Small Business Administration chief Karen Mills told CNBC on Friday.
Online technology companies including Amazon, PayPal and Square are now issuing near-instant loans to small businesses so they can bulk up their inventory ahead of the branded holiday, Mills said. Small Business Saturday, which began nine years ago, is sponsored by American Express.
"Technology has changed the game in small business lending," said Mills, who is now a senior fellow at Harvard Business School. "We're going to see things change completely."
"A small business preparing for Small Business Saturday can't wait three months to get an inventory loan," she told CNBC's "Squawk Box." "Now, they've got this sort of online loan within minutes."
Square Capital, a division of small-business-focused fintech Square, now makes loans of up to $100,000 to small shops, far outpacing what a traditional lender might provide in amount and speed.
Mills noted that even a loan of $7,000 would likely be considered fiscally imprudent for a bank, which she said wouldn't make any money from doling out a loan of that size to a smaller brick-and-mortar operation.
But "the J.P. Morgans of the world have woken up" to these challenges and are now "investing in a better customer experience," said Mills, who served was SBA administrator under former President Barack Obama.
"We are just at the opening of a huge transformation," Mills said as Black Friday ramped up across the country. "The world is going to change for small business for the better with technology."
In 2017, Small Business Saturday drove nearly $13 billion in consumer spending, down slightly from 2016. Small businesses account for about two-thirds of the new jobs created in the United States and half of the private-sector workforce.