Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
"The president admitted that there's not a basis for the declaration. He admitted there's no crisis at the border. He's now trying to rob funds that were allocated by Congress legally to the various states and people of our states," California Attorney General Xavier Becerra told Andrea Mitchell on MSNBC Monday afternoon before the suit was filed.
"The separation of powers is being violated, we're going to go out there and make sure that Donald Trump cannot steal money from the states and people who need them, since we paid the taxpayer dollars to Washington, D.C., to get those services," he said.
Trump said on Friday that he would bypass Congress by declaring a national emergency to build a border wall along the nation's southern border, after a protracted battle in which Congress has repeatedly declined to give the president billions to build border barriers.
More from NBC News:
Can Trump use a 'national emergency' to build a border wall? His own words offer clues.
What is a national emergency? Here are 8 things to know
In one news conference, Trump created several new minefields
A national emergency declaration gives the president special powers to take taxpayer dollars from other budgets to pay for border wall construction, but legal challenges to such an effort are inevitable. Before the emergency was declared, Becerra vowed "to reject this foolish proposal in court the moment it touches the ground."
"The president does have broad authority. But he does not have authority to violate the Constitution," Becerra said. "President Obama never did this. He never tried to raid accounts, funding accounts, that had been allocated by Congress. When a president tries to do that, the Supreme Court will typically step in and say, 'Keep your hands out of the cookie jar.'"
Becerra has sued the president dozens of times already, and the president signaled that he expected this lawsuit during his Friday remarks.
"And I'll sign the final papers as soon as I get into the Oval Office. And we will have a national emergency, and then we will then be sued, and they will sue us in the 9th Circuit, even though it shouldn't be there," Trump said, speaking of the largest circuit court, which includes California. "And we will possibly get a bad ruling, and then we'll get another bad ruling. And then we'll end up in the Supreme Court, and hopefully we'll get a fair shake. And we'll win in the Supreme Court, just like the ban."
"The only national emergency is the president's trafficking in lies and deceit," Connecticut Attorney General William Tong said in a statement.