As tensions might drag over the next decade, investors have to learn to operate under prolonged uncertainty, said Warburg Pincus' Charles Kaye.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up on Friday as investors digested a series of developments overnight on the U.S.-China trade front that dampened hopes of a deal being reached...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Three seemingly unrelated news stories about data theft, cybersecurity and sanctions, are converging as one big-picture issue related to President Donald Trump's ongoing trade negotiations with China.
What happens next with any of them could have significant implications for that deal, the markets or both.
Sources close to the investigation into a breach of the information of 500 million Marriott customers tell CNBC the initial phases of the probe are pointing to involvement by the Chinese government. However, it's unclear the nature of China's involvement.
In the past, these revelations may not have dinged the radar of a public used to major hacks. But the injection of a possible China connection, in addition to the massive scope of the breach and the fact the intrusion lasted four years, means Marriott's troubles may have just become part of the wider market and trade dramas.
Meng Wanzhou, CFO of Chinese hardware giant Huawei and daughter of its founder, was granted bail Tuesday night. Meng is facing charges in Canada related to alleged improper funneling of payments between Iran and the company via a third-party intermediary in Hong Kong. The U.S. wants to extradite Meng.
China has threatened retaliation. Michael Kovrig, a former Canadian diplomat, was arrested in China on Tuesday, with Prime Minister Justin Trudeau and his diplomatic agency and saying they are working with Chinese officials on the matter.
Trump said in an interview with Reuters on Tuesday that he would consider intervening in the Justice Department's case against Meng if it would help support favorable negotiations.
"If I think it's good for the country, if I think it's good for what will be certainly the largest trade deal ever made — which is a very important thing — what's good for national security, I would certainly intervene if I thought it was necessary," he said.
In addition to being on the hook for successfully arguing the case against Meng, the Justice Department is close to dropping new indictments on Chinese government-connected hackers, possibly this week, according to The Wall Street Journal.
Those indictments likely will focus on allegations that China tried to use large, U.S.-based enterprises that provide internet service, business, security, DNS and other services for large companies, as a conduit for hacking into their corporate clients.
The Trump administration has been considering using these indictments to make a broader call-out of China, adding to the pile of security and fraud related accusations, The New York Times reported this week.
For the internet service providers that may be named or identified in the pending indictments, this could mean they see their names dragged into the proceedings, too.