The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
Google has decided to stop licensing its Android operating system to Huawei, in order to comply with a U.S. trade blacklist.Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
"Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'" the "Mad Money" host says.Mad Money with Jim Cramerread more
Wall Street is testing the day-after-Thanksgiving lows of 24,268 on the Dow and 2,631 on the S&P, said the UBS director of floor operations at the NYSE.
"If they hold here, then you can make some credible point that we've tested a double bottom, and you could get a rally of some substance," Cashin said on CNBC's "Squawk Alley. "
"But if they slide through here, then you're going to look to test much deeper lows. Beyond this land there will be dragons," he added, paraphrasing an expression from ancient times about danger ahead.
Stocks were plunging for the second straight session Thursday on concerns about a possible economic slowdown and continued murkiness around trade relations with China. The Dow and S&P 500 could turn negative for the year if sharp losses Thursday were to hold at the close.
Cashin said the Federal Reserve is among the biggest sources of uncertainty in the market as the financial community debates on how many interest rates hikes could come next year.
In a speech last week, Fed Chairman Jerome Powell said rates are "just below" neutral, apparently walking back his "long way" from neutral remarks in October.
At its meeting later this month, the Fed is expected to increase rates for the fourth time this year. After their most recent hike in September, central bankers were projected to raise rates three times next year.