Americans now say they approve of free trade by 64%-27%, a margin of better than two to one. That's up from 57%-37% early in Trump's presidency, and 51%-41% near the end of...Politicsread more
Kudlow pointed to strong retail sales and low unemployment as signs that the U.S. economy remained strong.Marketsread more
The yield on the benchmark 10-year Treasury note briefly fell below the 2-year rate on Wednesday, a phenomenon in the bond market known as yield curve inversion, which is...Marketsread more
The MacBook Pro recall and its subsequent ban from flights underscores the increasing brand risk from problems with lithium-ion batteries.Technologyread more
Experts say the timing of Amazon executives' contributions to Rep. David Cicilline likely reflect the company's heightened urgency over growing regulatory scrutiny.Technologyread 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
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
Coinbase security chief Philip Martin explains, "Possession of a key is possession of your currency. What that means is that you can't revoke a cryptocurrency key, if that key...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
The Supreme Court could strike down the constitutionality of the Consumer Financial Protection Bureau, an agency Elizabeth Warren has likened to her child and which Justice...2020 Electionsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
WASHINGTON, March 26 (Reuters) - Republican U.S. Senate Majority Leader Mitch McConnell, in a move aimed at dividing Democrats, set a vote for Tuesday on their "Green New Deal" resolution that seeks to cut greenhouse gas emissions by moving off fossil fuels.
The Green New Deal, introduced last month by Democrats, marked the first formal attempt by lawmakers to define legislation to create big government-led investments in clean energy like wind and solar power, infrastructure and social programs. 1/8nL1N2020SM
The goal of the non-binding resolution is to speed a transition of the U.S. economy away from burning fossil fuels and emitting greenhouse gases blamed for climate change, linked to more intense storms, floods and droughts.
But the vote, slated for 4 p.m. (2000 GMT), is occurring before the plan has had the chance for a national debate or hearings in Congress.
Republicans have used the plan to try to sow discord within the Democratic Party, painting their rivals as shifting far to the left and embracing extreme policies.
Democratic Senator Edward Markey, who unveiled the plan with Representative Alexandria Ocasio-Cortez, has called the vote a "sham."
He said the Green New Deal was meant to spur debate during the 2020 presidential election campaign on the intricate problem of how to tackle climate change while boosting the economy, not to force the party to take sides in a quick vote. Markey will hold a news conference at 11 a.m. (1500 GMT) on the vote with other lawmakers.
McConnell wrote in a message on Twitter on Monday: "I could not be more glad that the American people will have the opportunity to learn precisely where each one of their senators stand on the 'Green New Deal': a radical, top-down, socialist makeover of the entire U.S. economy."
The name of the plan references Democratic President Franklin Roosevelt's Depression-era New Deal program.
One prominent Democrat, Senator Dianne Feinstein of environmentally conscious California, was criticized by Green New Deal supporters after she was filmed last month telling children she opposed the resolution because it was too expensive.
Still, many Democrats plan to vote "present" at the procedural vote on the resolution, instead of up or down, to show unity among the party.
The plan has the backing of almost all the Democrats declared as candidates seeking the party's 2020 presidential nomination. (Reporting by Timothy Gardner; Editing by Peter Cooney)