Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday morning following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
CNBC's John Harwood sat down with Rep. John Delaney, D-Md., who's leaving Congress to run for president. They talked about health care and the best way to get all Americans covered.
Harwood: Medicare-for-all — where are you on that issue?
Delaney: I think we should have universal health care. Every American should have health care as a right, I think it's a human right. I also think it's smart economics.
Harwood: So, is that universal Medicare?
Delaney: No, I would do something different. What would do is basically create a new system for everyone from when they're born to when they're 65. And I'd roll Medicaid into that. And then after 65, they'd go to Medicare. Maybe over time those things could merge together, but right now I think I'd leave Medicare alone. It works, people are happy with it.
Harwood: Would you phase out employment-provided health care?
Delaney: Yes. That's how I'd pay for it. New system, everyone gets health care from when they're born to they die. This new program from birth to 65, and Medicare above that.
Harwood: So basically one government program for health care pre-retirement, and then Medicare.
Delaney: Yes, but one key distinction. You know how Medicare has supplementals? You'd have the same thing for the other program. A backbone system that everyone gets, and then they can supplementals. Or they can opt out if they want to get a small tax credit and buy private insurance.
You pay for that whole system by getting rid of the corporate deduction for health care, which is a terrible system. It doesn't make any economic sense. So my system, which I believe I could pay for with that and a few other things, gives everyone health care as a right, but allows them also to have lots of choices. And there'd be a private market that floats above the government market.
If you change jobs, you have health care, right? If you want to go start a business, you have health care. If you're a child and you age off your parents' health insurance — you and I know what this is all about — there's health care there for you. If you're low income, there's health care. That's the kind of health care we should have in this country.