The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
Democratic presidential hopeful Sen. Elizabeth Warren told MSNBC that she has "zero" sympathy for the dozens of parents charged in what the Justice Department says is the biggest college admissions scandal it's ever prosecuted.
A number of wealthy parents were charged Tuesday in a $25 million scam that helped their children gain admission to top schools in the U.S., according to the DOJ. The list of those charged included high-level executives and two notable actresses.
Parents involved in the scam allegedly funneled cash into a "charitable account." The man who pleaded guilty to four charges in the scam, William Singer, helped the alter students' SAT and ACT tests and helped parents bribe athletic coaches and universities to take their kids, even if they didn't play sports, prosecutors said.
Yale University, Georgetown University, Stanford University, the University of Southern California and Wake Forest University were among the institutions that accepted children whose parents are accused in the scam.
The business executives charged by officials include Douglas Hodge, a former CEO of Pimco; William McGlashan Jr., a senior executive at TPG Capital; Agustin Huneeus, head of the Huneeus vineyard in Napa Valley, California; and Gordon Caplan, co-chairman of international law firm Willkie Farr. Actresses Felicity Huffman of ABC's "Desperate Housewives" and Lori Loughlin of ABC's "Full House" were also charged.
The Justice Department said that it believes most of the children were unaware of the bribery. Prosecutors have not charged any of the universities or students.
Warren's office did not immediately respond to CNBC's request for comment.