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
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread 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
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
Like a boxer who won't go down, the U.K. leader Theresa May is still hoping to get her proposed Brexit agreement through Parliament despite having massively failed with the same deal on two previous occasions.
It is now expected that a third vote on the PM's "Withdrawal Deal" will take place in the House of Commons on Tuesday March 19. The two previous votes saw her draft proposal defeated by a record margin of 230 at the first attempt and then 149 votes in the second.
May's huge defeats came after large numbers of her own Conservative Party lawmakers voted against her. The prime minister is now banking that these euroskeptic lawmakers will now return to the fold, rather than risk a much longer delay to Britain's departure.
Lawmakers on Thursday have already backed an extension until June 30 if Parliament approves the government's Brexit deal by March 20. Legally, Britain is still due to leave the European Union on March 29 and European heads of state will need to approve any extension.
A lengthier delay is viewed as a real risk to Brexit supporters as it may allow momentum for a much "softer" departure and even raises the prospect of no Brexit at all. This avenue is seen as more likely should May lose again as Parliament would then seize more control over the Brexit process.
For May to secure a majority next Tuesday she needs 317 votes. Taking the starting point of her second vote defeat, which saw only 242 votes in favour, May would need all 75 of her Conservatives lawmakers who voted against her to change their mind.
This is unlikely to happen and so, once again, the ten votes of the Northern Irish DUP are critical. In June 2017, the Democratic Unionist Party offered to prop up May's minority government in exchange for £1 billion ($1.3 billion) to be spent on Northern Ireland. However the unionists hold a firm view that Brexit cannot separate Northern Ireland from mainland Britain in any way.
On Friday, Reuters reported that the Irish Finance Minister said the DUP was now "engaging intensively" with the U.K. government.
Key to those discussions will be whether the DUP switches to support May's deal even though it includes a hated "backstop" arrangement.
The "backstop" has been included into May's deal which would ensure no hard border between Northern Ireland and the Republic of Ireland, even if no formal Brexit deal can be reached.
It is despised by the DUP and euroskeptic Conservatives who see it as a way of keeping Britain and Northern Ireland within Europe without a legal end date.
British and Irish politics professor, Jon Tonge, told BBC Northern Irish radio Friday that it was clear the DUP must either accept the backstop and choose May's deal or accept a softer Brexit deal.
"The DUP has to decide between what matters more: opposition to the backstop or support for Brexit. It's quite clear that Brexit with the backstop is as hard a Brexit as they're going to get," he said.
Pound sterling went on a roller-coaster ride this week while the U.K. parliament conducted a series of votes. In what is ultimately viewed as an "risk-on" outcome, the pound has moved 1.7 percent higher versus the dollar since Monday.