Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.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
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...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
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
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
U.S. government debt yields rose on Wednesday as traders digested news of the defeat of U.K. Prime Minister Theresa May's Brexit deal.
May suffered a huge defeat in Parliament on Tuesday, which saw her Brexit deal voted down by 230 votes, which has been reported to be the highest margin of defeat for any sitting government in U.K. political history.
The prime minister told Parliament's lower chamber that her Conservative government "will listen" to lawmakers' concerns over the deal following the vote. The government will make a statement in the Parliament on Jan. 21, where she is expected to present a "plan B" for the divorce agreement.
Jeremy Corbyn, the leader of the opposition Labour Party, tabled a motion of no-confidence in the government, which will be debated and voted on Wednesday. Sterling gained 0.1 percent against the dollar during morning trade, last changing hands at $1.2871.
In political news stateside, the partial U.S. government shutdown — the longest in history — has entered its 26th day. A political stalemate between the Democrats and the Trump administration over funding for President Trump's proposed border wall has shown no signs of abating.
Over in Asia, China's central bank on Wednesday made its biggest daily net cash injection through reverse repo operations, totaling $82.73 billion. That news arrived after comments from China's state planner and its Premier Li Keqiang hinted the country would commit further stimulus amid worries of a slowdown in the world's second-largest economy.
Trade will likely be another area of focus, after Sen. Chuck Grassley said U.S. Trade Representative Robert Lighthizer had seen little progress in last week's talks with China. The U.S.-China trade war has seen both countries slap new duties on billions of dollars' worth of each other's imported goods.
U.S. and Chinese officials met last week for negotiations over trade that Trump said were "going very well." Washington and Beijing agreed late last year to a 90-day trade truce during which they will hold off on increasing tariffs in the hope that a deal is struck.