Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Financial technologies such as digital currencies are "shaking" the banking system and must be monitored to maintain stability, according to the head of the International Monetary Fund.
Speaking to CNBC on Wednesday, IMF Managing Director Christine Lagarde pointed to the changing business models of commercial banks as evidence that innovations like cryptocurrencies are having a clear impact on financial sector incumbents.
"I think the role of the disruptors and anything that is using distributed ledger technology, whether you call it crypto, assets, currencies, or whatever ... that is clearly shaking the system," she said.
The IMF boss warned that such financial industry changes must be accompanied by regulation.
"We don't want innovation that would shake the system so much that we would lose the stability that is needed," she said.
Start-ups and big tech companies alike are increasingly eyeing the banking sector as a multitrillion-dollar market ripe for disruption. Facebook is reportedly developing its own cryptocurrency and Apple released its own credit card in partnership with Goldman Sachs last month.
Banks have responded with their own attempts to embrace new technology. JPMorgan is trialing a digital token called "JPM Coin" that would instantly settle payments between clients and Goldman Sachs is expanding its digital retail bank called Marcus overseas.
Lagarde said technology companies entering the banking space "forcefully" must be subject to regulation.
"They will have to be held accountable so that they can be fully trusted," she said.
Lagarde's comments followed a panel discussion at the IMF Spring Meetings in Washington examining how money and payments are changing around the world. She has previously encouraged central banks to examine digital currencies in order to keep up with changes in the financial landscape.
Many digital currencies like bitcoin are "decentralized," meaning they are not controlled by a central authority.