A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
Morgan Stanley slashed its price target on Netflix to $400 per share from $450 per share, but kept its overweight rating on the stock.Pro Analysisread more
There are at least 10,000 Islamic State prisoners in several camps across northeastern Syria, according to Kurdish and U.S. officials.Politicsread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
The Nobel Prize in Economics was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their research and work on tackling global poverty.Economyread more
Trust Ventures targets tech companies tackling broad public issues but facing high regulatory barriers.Politicsread more
The savings wouldn't begin until 2023, assuming the bill gets passed by the House and Senate and signed by President Donald Trump before end of this year, the CBO says.Health and Scienceread more
The ITB, the homebuilder's ETF, has its highest level since January 2018. Craig Johnson, chief market technician at Piper Jaffray, thinks there could be even more room to run.Trading Nationread more
Netflix is raising its prices again, and the news sent the company's stock up 6.5 percent Tuesday.
Netflix's cheapest basic plan will cost $9, up from $8; its most popular HD standard plan will cost $13, up from $11; and its 4K premium plan will cost $16, up from $14.
The rate hikes constitute a jump of between 13 and 18 percent — the company's biggest increase since launching its streaming service 12 years ago — and will take effect immediately for new customers. Existing subscribers will see the price increase on their bills over the next three months.
Customers in Latin American, the Caribbean and some other countries will also see the higher rates. Major international markets like Mexico and Brazil won't be affected.
The extra cash will help to pay for Netflix's huge investment in original shows and films, and finance the heavy debt it's taken on to ward off streaming threats from Amazon, Disney and Apple. Streaming incumbents like Netflix, HBO and Hulu have faced increasing pressure from new entrants, driving overall investment in the space to new highs.
On Monday, Comcast-owned NBCUniversal announced it would launch a new streaming service in 2020. NBC's service will be free and supported by advertising if you already have a pay-TV account. It'll cost approximately $12 per month if you want to remove ads or sign up if you don't have a pay-TV service. Disney is also set to launch its Disney+ service later this year.
It's the fourth time Netflix has raised prices since its streaming service launched. The company last raised rates in October 2017, sending shares up 3 percent that day. Previous rate hikes have had little effect on subscriber growth, and have traditionally buoyed the stock.
Last quarter, the company reported domestic subscriber growth of 10.7 percent year over year, totaling 58 million U.S. subscribers. It counts more than 78 million subscribers outside the U.S.
Netflix was the best performing of the so-called FAANG stocks last year, gaining nearly 40 percent in 2018 and outpacing Facebook, Amazon, Apple and Google's parent Alphabet. Netflix has already gained 30 percent in the first few weeks of 2019.
Separately Tuesday, analysts at Goldman Sachs projected a strong earnings update from Netflix when it reports fourth-quarter results on Thursday. The firm is projecting a 20 percent upside for the company's stock.
Disclosure: Comcast, which owns CNBC parent NBCUniversal, is a co-owner of Hulu.
— The Associated Press contributed to this report.