The yield on the benchmark 10-year Treasury note fell to its lowest level since September 2017 as the Fed began its two-day policy meeting.Bondsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Shares of Beyond Meat soared 18% in premarket trading Tuesday, surpassing $200 per share.Food & Beverageread more
Investors bracing themselves for lower Federal Reserve rates should think about loading up on health care stocks, history shows.Marketsread more
Trump went after Draghi for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.Marketsread more
Private equity billionaire David Rubenstein says he's spoken with U.S. and Chinese officials. "My view is both sides want a deal."Economyread more
The yoga-pants retailer is now selling such personal-care products as face moisturizer, dry shampoo, deodorant and lip balm.Retailread more
Hershey CEO Michele Buck said that the 125-year-old company is monitoring the trend but doesn't have any plans to add CBD to its food just yet.Food & Beverageread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Restaurants have a hard time hiring and retaining dishwashers, but now there's a robot for that.At Workread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Technologyread more
George Papadopoulos, the former Trump campaign advisor who served 12 days in jail after pleading guilty to charges lodged by special counsel Robert Mueller, said Tuesday that his lawyers have "formally" asked President Donald Trump for a pardon.
"My understanding is that my lawyers have formally submitted an application," Papadopoulos told CNBC in a text message.
The White House did not immediately respond to CNBC's request for comment on the claim from the former foreign policy aide to Trump's campaign.
Papadopoulos' lawyer, Caroline Polisi, did not respond to CNBC's inquiries. She told The Washington Post in an interview published Monday that she had indeed submitted an application for a pardon, saying, "It would be malpractice not to."
Some of the figures who were convicted or have pleaded guilty in Mueller's Russia probe — which came to an end Friday after nearly two years of investigation — have been suspected of seeking pardons from Trump.
Trump himself has flirted with the possibility of pardoning some of his former associates caught up in the probe, which he had often decried as a "witch hunt." The president has denied any wrongdoing in the probe of Russian interference, possible Trump-campaign collusion and possible obstruction of justice related to the 2016 election.
Attorney General William Barr's four-page summary of Mueller's final report said that the probe found no evidence of collusion, and that Mueller made no determination about whether Trump obstructed justice.
Papadopoulos, 31, pleaded guilty in October 2017 to lying to the FBI about his contacts with London-based professor Joseph Mifsud, who told Papadopoulos in late April 2016 that Russians had "dirt" on Trump's campaign rival, Hillary Clinton.
He was sentenced to 14 days in jail, but only served a dozen days in an Oxford, Wis., federal prison. He was also sentenced to one year of supervised release, and slapped with a $9,500 fine.
Papadopoulos also said in an interview with Reuters on Tuesday that he was considering withdrawing his guilty plea — a move he has floated before, but one with extra weight in light of his claim in an upcoming book that reportedly contradicts what he told a federal judge under oath.
"I realize that I misspoke to the FBI," Papadopoulos wrote in "Deep State Target," according to The Wall Street Journal.
At his sentencing in Washington, D.C., district court in September, however, Papadopoulos said that he "made a terrible mistake" by lying.