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
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.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
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Dollar-denominated exports plunged 20.7 percent for the month of February from a year ago, missing economists' expectations of a 4.8 percent decline, according to a Reuters poll. January exports had risen 9.1 percent from a year ago.
Dollar-denominated imports fell 5.2 percent in February from a year ago, missing economists' forecast of a 1.4 percent fall. January imports had fallen 1.5 percent on-year.
China's February trade balance was also significantly weaker than expected at $4.12 billion. Economists polled by Reuters had expected the overall trade balance to come in at $26.38 billion. The country's trade balance in January had been $39.16 billion.
China's politically sensitive trade surplus with the U.S. narrowed sharply to $14.72 billion in February from $27.3 billion in January.
Although the 20.7 percent decline in Chinese exports for the month of February was a "big number" and the market will be "clearly disappointed," the negative number should not come as a surprise as investors have been expecting a slowdown both globally and in China, said Sarah Lien, director and client portfolio manager at Eastspring Investments.
"There are a lot of headwinds; there's a lot of moving parts in market," Lien told CNBC.
Analysts have been warning of an impending slowdown in Chinese exports even though overall economic data out of the country has been robust for the last year. Asia's largest economy continues to negotiate through a trade dispute with the U.S., its largest trading partner. Exports held up for much of 2018 as many exporters were rushing to ship their goods out before heavier tariffs hit.
According to sources who spoke to CNBC, Washington and Beijing appear to be approaching the finish line on trade negotiations that could end later this month.
Analysts also caution that data from China at the beginning of the year may be distorted by week-long Chinese New Year public holidays, which started in early February this year. In 2018, Chinese New Year holidays started in mid-February.
But, February's China trade data were "downbeat, even accounting for seasonal distortions," said Julian Evans-Pritchard, senior China economist at Capital Economics.
"The upshot is that today's downbeat data provide further evidence that global demand is cooling and remains consistent with subdued domestic demand," Evans-Pritchard wrote in a note on Friday.
"A row back in U.S. tariffs would provide a mild boost to exports but not enough to offset the broader external headwinds. Meanwhile, with policy stimulus unlikely to put a floor beneath growth until the second half of the year, imports will remain under pressure in the near-term, " he added.
Despite concerns of a deceleration in Chinese growth, Eastspring is bullish on the world's second-largest economy as there are "a lot of ways to play China," Lien said.
She said the Chinese domestic market is one Eastspring is focused on.
"The domestic economy is a hugely growing and large part of the market, there's plenty of opportunities there," she said.
China is currently in the midst of a two-week annual parliamentary meeting, the National People's Congress, which kicked off on Tuesday and ends next Friday (Mar. 5-15).
At the opening of that meeting this week, Premier Li Keqiang said the Chinese economy will likely slow this year, and revealed that the official economic growth target for 2019 will be 6 to 6.5 percent. That compares to an expansion of 6.6 percent in 2018 — which was already China's slowest pace of growth since 1990.
—Reuters contributed to this report.