A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
President Donald Trump's outside advisor on China said on Wednesday that he didn't expect a breakthrough in trade talks in the "near term."
Michael Pillsbury, director of the Center for Chinese Strategy at the Hudson Institute and a noted China hawk with the ear of the president, suggested that he expected a planned meeting between U.S. and Chinese negotiators scheduled for the end of the month to conclude without a trade deal.
"Over the last 45 years, a lot of American presidents have negotiated with China," Pillsbury said in response to a question about the meeting. "And there are some patterns to what has gone on. One of them is that the Chinese prefer to make a last-minute deal, to get the best deal they can. So I am not among those who think there is going to be a breakthrough in the next few days."
Pillsbury's comments came during a segment on CNBC's "The Exchange, " anchored by Kelly Evans.
The meeting between U.S. negotiators and two Chinese vice ministers was canceled, CNBC has reported, though the White House has said "the teams remain in touch in preparation for high level talks" at the end of the month.
Pillsbury remained optimistic about the U.S. and China reaching a deal in the longer term.
"I don't expect this to be a smooth deal. But I do expect success, because President Trump cares so much about the issue," he said.
The U.S. has set a March 2 deadline for negotiators to reach a deal; if no deal is reached, tariffs are set to increase on $200 billion in Chinese goods.