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
Stocks in Asia were mixed on the final day of 2018, as most major markets around the globe were set to record calendar year declines.
Hong Kong's Hang Seng index rose 1.34 percent to finish the trading year at 25,845.70. The day's gains, however, were unable to offset the index's performance for 2018 — with it declining about 13.61 percent as compared to its final close of 2017. Hong Kong's markets closed at 12:00 p.m. HK/SIN today for New Year's Eve.
The in Australia, meanwhile, slipped 0.14 percent to close out 2018 at 5,646.40. The benchmark Australian index ended 2018 lower by 6.9 percent as compared to its final close of 2017. Australia's markets closed at 11:10 a.m. HK/SIN today for New Year's Eve.
On Monday, the materials subindex Down Under gained 0.4 percent, as shares of major miners advanced. Rio Tinto rose 0.50 percent, Fortescue advanced 1.21 percent and BHP Billiton climbed up by 0.82 percent.
Markets in Japan, South Korea and mainland China were closed.
China's manufacturing activity in December contracted even more than expected, according to government data: The country's official manufacturing Purchasing Managers' Index (PMI) came in at 49.4 — lower than the 49.9 analysts expected in a Reuters poll.
That was worse than November's official manufacturing PMI, which was 50.0. A reading above 50 indicates expansion, while a reading below that signals contraction.
Official non-manufacturing PMI came in at 53.8 — higher than the reading of 53.4 in November. Economic data from China is being closely watched amid the ongoing trade war between Washington and Beijing.
In the post, Trump also said: "Deal is moving along very well. If made, it will be very comprehensive, covering all subjects, areas and points of dispute. Big progress being made!"
Following the tweet, however, the Wall Street Journal reported that Trump "may be overstating how close the two sides are to an agreement, " citing sources "familiar with the state of negotiations."
Trump's comments came after both he and Xi earlier this month agreed to a 90-day pause in tariff escalation.
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.452 after seeing highs above the 97 handle last week.
The Japanese yen, widely viewed as a safe-haven currency, traded at 110.41 after touching lows above 111.3 in the previous trading week. The Australian dollar was at $0.7061 after seeing highs above $0.707 last week.
— Reuters and CNBC's Huileng Tan contributed to this report.