Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
There's a possibility that U.S. President Donald Trump and North Korean leader Kim Jong Un might declare an end to the Korean War at this week's summit — but experts warn that the move could have "real political consequences" for the U.S., and South Korea will still have to keep the North in check.
Ending the war does not negate the fact that North Korea "remains as dangerous a threat today as it was on the first day of the Trump administration," said Abraham Denmark, director of the Asia program at the Woodrow Wilson International Center for Scholars.
South Korea's presidential office said on Monday that the U.S. and North Korea could agree to declare the end of the Korean War when Trump and Kim meet this week for their second face-to face meeting in Vietnam.
Seoul and Pyongyang are technically still at war today.
The Korean War began in 1950 when the North invaded the South. It ended in 1953 with an armistice — not a peace treaty, which means the war has not ended even if fighting has ceased. Since then, the U.S. has maintained a robust military presence in the South, in the form of tens of thousands of troops.
Declaring an end to the war "may seem like a positive way to signal American goodwill without risk or cost, (but) a closer examination suggests that such a declaration is unlikely to succeed and could have real political consequences for the United States," Denmark wrote in an online post on the think tank's website on Tuesday.
He warned that North Korea has developed a "significant" military capability with the potential to "devastate" American allies and the homeland itself.
"Declaring an end to the Korean War would not change these realities," said Denmark, who added that this is why the U.S. has maintained a strong alliance with South Korea, which includes a military presence ready to defend its allies against North Korea.
The American public still perceives North Korea as one of the top threats to the U.S, and experts say that a U.S. alliance with South Korea is still needed.
"The public sees the alliance with South Korea both as a desirable means by which to manage the North Korean weapons threat, and as a necessary means of reducing the risk of North Korean aggression against South Korea or against American interests," wrote Scott Snyder, a senior fellow in Korea studies at the Council on Foreign Relations, and Karl Friedhoff, a fellow in Asia policy at the Chicago Council on Global Affairs in a post on Tuesday.
Denmark, too, added that there is a need to maintain a robust U.S. military presence in Korea, Japan and across the Indo-Pacific as long as North Korea represents a threat.
The American people, therefore, would likely only support a reduction but not a complete withdrawal of American troops in South Korea, Snyder and Friedhoff said.
"Coordination with South Korea remains an essential part of any effort to achieve a peace and denuclearization deal with North Korea," they wrote.