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
Acting Attorney General Matthew Whitaker testified before lawmakers Friday that he hasn't discussed special counsel Robert Mueller's Russia probe with President Donald Trump.
After the firing of Jeff Sessions, Whitaker has overseen Mueller's investigation into Russia's meddling in the 2016 election and possible collusion with the Trump campaign.
Democrats have expressed concern with Trump's appointment of Whitaker, citing his criticisms of the special counsel in an op-ed and on television. The interim appointment without Senate confirmation raised fears that the Mueller's ongoing probe, which Trump has frequently excoriated as a "witch hunt," could be undermined.
"I have not talked to the president of the United States about the special counsel investigation," Whitaker told the House Judiciary Committee in response to a question by committee Chairman Jerrold Nadler, D-N.Y.
The hearing was marked by high tensions even before it began.
In a party-line vote Thursday morning, the Democrat-majority committee gave Nadler the power to subpoena Whitaker if he refused to answer questions, including during his testimony.
"I hope and expect that this subpoena will not be necessary — but unfortunately, a series of troubling events over the past few months suggest that we should be prepared," Nadler said in a statement before the vote.
In justifying the need for the threat of a subpoena, Nadler's statement said that Justice Department staff had attempted to walk back Whitaker's promise to Nadler in November that he would appear for an oversight hearing.
The statement added that other Trump administration witnesses have "often been allowed" to avoid answering questions, citing the "ridiculous" excuse used by Sessions that he could not answer certain questions because Trump might want to invoke "executive privilege."
Whitaker responded harshly, saying he would refuse to appear for the hearing unless he received assurances that he would not be subpoenaed.
"I remain willing to appear to testify tomorrow, provided that the chairman assures me that the committee will not issue a subpoena today or tomorrow, and that the committee will engage in good faith negotiations before taking such a step down the road," Whitaker said in a statement reported by The Washington Post.
The committee has "deviated from historic practice and protocol and taken the unnecessary and premature step of authorizing a subpoena to me, the acting attorney general, even though I had agreed to voluntarily appear," Whitaker said.
"Political theater is not the purpose of an oversight hearing, and I will not allow that to be the case."
Whitaker had criticized the Mueller probe of Russian meddling in the 2016 presidential election before he was tapped to become acting attorney general in November. Yet he did not recuse himself from overseeing that investigation — as Sessions had done — despite a Justice Department ethics official suggesting that he do so.