The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
The potential deal would shift Neumann's already diminished voting power to the Japanese conglomerate, according to the Journal.Technologyread more
Hunter's vows to forgo any foreign work follow a slew of unsubstantiated attacks by President Donald Trump accusing him of corruption.Politicsread more
Fisher was initially defiant amid the backlash in an interview with Bloomberg, in which he said he had "given a lot of talks, a lot of times, in a lot of places and said stuff...Personal Financeread more
Airlines continue to delay when they plan to have the planes back again with no sign from regulators on when the planes will be approved again.Airlinesread more
Turkey's invasion of northeastern Syria began Wednesday after Trump ordered U.S. troops to pull back from the area.Politicsread more
While Warren's ad about Facebook isn't true, the company's own policy allows politicians to make such false claims in paid advertising.Politicsread more
Typhoon Hagibis made landfall south of Tokyo on Saturday evening. By Sunday around 376,000 homes were left without electricity, and 14,000 without running water across Japan....Weather & Natural Disastersread more
SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts.Investing in Spaceread more
Bryn Mawr's Jeffrey Mills believes the market needs more time to break out of its slump.Trading Nationread more
Russia has confirmed it is building a new hypersonic missile that can be launched from ships or submarines and travel at almost 2 miles per second.
Russian President Vladimir Putin used his state of the nation address on Wednesday to publicly confirm that the cruise missile was well under development.
"This is a hypersonic missile called Tsirkon. It will have the speed of mach 9, it has a range of 1,000 kilometers (620 miles) and can hit navy or land targets."
The Russian leader added the missile could be launched from a ship or submarine and costs would be kept low by its compatibility with the existing Kalibr missile system.
In December, CNBC learned that a U.S. Intelligence report had highlighted testing of the Tsirkon hypersonic system, noting that five tests had been carried out by the Russian military since 2015.
Putin has previously described Russia's hypersonic prowess as "invincible" and accused "those who have fueled the arms race over the last 15 years" of failing to contain Russia.
Publicly confirming the project on Wednesday, the Russian president again took a pot-shot at the West and specifically the United States.
"The U.S. once sought global domination through its missiles program. They should abandon illusions, we will always respond with a reciprocal response," said Putin.
In February this year, the U.S. and Russia both confirmed they would suspend participation in the decades-old Intermediate-Range Nuclear Forces, or INF treaty, which bans ground-launched medium-range missiles with a range of 310-3,400 miles.
The U.S. administration, who withdrew first, said it had taken the measure following Russia's refusal to accept that its SSC-8 missile directly contravenes the Cold War-era agreement.
Addressing the topic Wednesday, Putin said Russia "doesn't threaten anyone" and its military build-up was a defensive measure.
"We do not want confrontation with a global power, especially like the U.S., but it seems like the U.S. doesn't see how the world is changing," he said, before adding that he was ready for further talks on arms control but "we are not going to keep knocking on a locked door."
Now that both countries have suspended the INF treaty, it will expire in August if Washington and the Kremlin don't find agreement.
The White House and the U.S. Department of Defense didn't immediately respond to CNBC's request for comment.
CNBC's Amanda Macias contributed to this report.