James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
"I feel like I've contributed all I can to this primary election," he told MSNBC's "Morning Joe." "And it's clearly not my time. So I'm going to end my presidential campaign."2020 Electionsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
Apple CEO Tim Cook greeted iPhone 11 customers at the reopening of the Fifth Avenue Apple store on Friday. CNBC also took a tour inside. Here's a look.Technologyread more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
U.S. stock futures are modestly higher, with the S&P 500 just a little more than 20 points away from July's all-time high ahead of Friday's open on Wall Street.Marketsread more
Bank of America says Amazon's plans to build its own fleet of carbon-neutral delivery trucks bode well for its bottom line.Investingread more
The show comes as social media platforms and legacy media companies alike have launched a flurry of original content alongside new streaming platforms like Apple TV+ and...Technologyread more
Pivotal Research Group began coverage of Roku with a sell rating on FridayInvestingread more
Sen. Bernie Sanders and his advisors have been meeting with potential South Carolina campaign staffers as the Vermont democratic socialist looks to pull off a win in the state's 2020 presidential primary, four years after Hillary Clinton crushed him there, CNBC has learned.
Sanders has been pushing to firm up his support among younger and more liberal voters. According to people familiar with the process, the senator has been flying possible hires to his home in Vermont and having in-depth conversations about how they can help his operation.
This time, Sanders faces a bigger, albeit more diverse field of Democratic rivals, and he has fallen behind in the South Carolina staffing race. Sens. Kamala Harris and Cory Booker were among the first to start staffing there. Booker hired former Sanders state political outreach director Christale Spain to be his 2020 state director. Sen. Elizabeth Warren on Monday announced South Carolina hires, including Alycia Albergottie, who was Clinton's 2016 state director.
Sanders is also looking to make inroads with black voters. In 2016, Clinton, who won the primary by about 50 percentage points, grabbed 84 percent of the black vote compared with Sanders' 14 percent. The senator has been in regular contact with supporter Terry Alexander, a South Carolina state lawmaker.
Sanders plans to expand his outreach to black voters, Alexander said.
"We are going to have a lot more events in the African-American communities this time around," Alexander, who is black, told CNBC. "I think you are going to have them more involved with the faith community, with the seniors and as a total community as a whole."
The 2016 United States Census Bureau survey shows 69 percent of Palmetto State election participants are white, while 27 percent are listed as African-American.
Alexander also elaborated on Sanders' hiring process.
"We have been looking at staff and setting up an organization here in South Carolina," Alexander said. "We had a conversations this past Friday about how it's going to look and how it's going to work for him. We are trying to find people who want to win and not just those who just want to be on a campaign. It's the question of do you want to win, and I want to win South Carolina."
Alexander declined to name the people he has met with about joining the campaign. He also noted he could play either an official local or national role for the campaign, and a decision may be made this weekend about his position.
Sanders will be traveling on Thursday to South Carolina for the first time since launching his campaign, hosting a rally in North Charleston. Prior to entering the 2020 election, Sanders in January spoke at a Martin Luther King Jr. Day rally at the state capital and later at the historically black Benedict College, where he recounted marching with King in the 1960s.
Representatives from the Sanders campaign did not return repeated requests for comment. Senior campaign strategist Jeff Weaver confirmed on a phone call with reporters on Monday that Sanders and his advisors have been working to put a team in place in the five early primary states, which includes South Carolina.
When asked how he will do better in 2020 within the state compared to the last election, Weaver said the campaign will have "a stronger team on the ground and be much earlier in the process."
Sanders campaign manager Faiz Shakir announced they had 70 people on the national payroll.
President Donald Trump won the state over Clinton in the general election by more than 14 percentage points.
Democrat Joe Biden and his consultants have been reaching out to seasoned political operatives in the state to see if they would join the former vice president's operation if he runs, according to people familiar with the discussions who declined to be named.