Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Hedge fund manager David Tepper said Monday he is buying some stocks after the markets had their worst week in a decade.
It's still a tough market, and investors have to be careful about their exposures, he told CNBC's Scott Wapner on Monday. But the market's move lower on Monday after last week's sharp sell-off presented an opportunity "to nibble at some stocks."
The Dow Jones Industrial Average tumbled more than 200 points on Monday, but were up from their lows. The index is on its way for its worst December since the 1930s. Tepper, whose Appaloosa Management has $14 billion in assets under management, told CNBC in October he was "cautious" on the market.
President Donald Trump and members of his administration have bristled in recent days over the market's decline. Trump has criticized the Federal Reserve's interest rate hikes, saying in a tweet on Monday that "The only problem our economy has is the Fed. They don't have a feel for the Market."