Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
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
Trump said Cook made a "good case" that it would be difficult for Apple to pay tariffs, when Samsung does not face the same hurdle because much of its manufacturing is in...Technologyread 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
"I don't want to do business at all because it is a national security threat," Trump told reporters.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
Trump's is due to visit Copenhagen early next month, when the Arctic will be on the agenda in meetings.World Politicsread 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
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
Former Vice President Joe Biden on Monday kicked off his first campaign rally as a 2020 presidential candidate with a stump speech tailored toward America's workers — that also threw more than a few jabs at President Donald Trump.
"I came here because, quite frankly folks, if I'm going to beat Donald Trump in 2020, it's going to happen here," Biden told a packed Teamsters banquet hall in Pittsburgh.
The rally marked the 76-year-old Biden's first major public campaign event since his long-expected announcement last Thursday that he would run for president, becoming the 20th Democrat to join the race to unseat Trump in 2020. Despite his late arrival, the six-term former senator and two-term former vice president is widely considered a top contender in the crowded Democratic field.
Biden — speaking to a crowd filled with union members — steered his remarks heavily toward populist issues including corporate greed and income inequality.
"I make no apologies — I am a union man. Period," said Biden, who had received his first union endorsement earlier that morning.
"The country wasn't built by Wall Street bankers, CEOs and hedge fund managers," Biden told the crowd. "It was built by you. It was built by the great American middle class."
"We need to reward work in this country, not just wealth," Biden said.
As the roughly 20-minute speech went on, Biden dug in on Trump's character and his administration's policies.
"There was a $2 trillion tax cut last year. Did you feel it?" Biden asked the crowd, which responded with a loud "No!" in unison.
"Of course not!" he said, adding, "It's a one-way street these days."
Trump, said Biden, is "the only president who's decided not to represent the whole country."
Biden has taken aim directly at Trump from the very beginning of his candidacy last week. And Trump has not been shy about launching his own salvos. Ahead of Biden's Monday afternoon speech, Trump fired off a pair of tweets attacking the latest entrant to the presidential race, branding the political veteran with the derisive nickname "Sleepy Joe Biden."
Trump also touted Pennsylvania's economic progress under his administration, saying Biden "obviously doesn't know" that the state "is having one of the best economic years in its history, with the lowest unemployment EVER." State officials reportedly said earlier this month that the Pennsylvania unemployment rate had fallen to 3.9% in March, its lowest point since 1976.
The early days of the former Delaware senator's campaign strategy appear to be aimed at shoring up his support in Pennsylvania, a swing state rich in electoral votes that former Secretary of State Hillary Clinton narrowly lost to Trump in the 2016 election.
Biden's first fundraising event as a candidate was held at the Philadelphia home of David Cohen, executive vice president of Comcast, the parent company of NBCUniversal. And he's scheduled to return to the city on May 18 to hold a rally that will lay out his campaign's vision for unifying a politically polarized country.
Biden has also showed a clear focus on gaining the support of labor unions. On the eve of his campaign announcement, Biden delivered some of his most fiery speeches to union crowds. And on Monday morning, he picked up the first major union endorsement of the presidential primary, gaining the blessing of the roughly 300,000-member International Association of Firefighters.
Other Democrats, eager to present themselves as champions of working Americans, have also taken steps to court the backing of labor unions by disavowing contributions from political action committees and calling for increased worker benefits and protections. Employees on the campaign of Sen. Bernie Sanders, I-Vt., who is running for president as a Democrat, have even formed their own union.
Shortly following Biden's endorsement was announced, Trump, asserted on Twitter that union members will back him in the election — even as he bashed union leaders "who rip-off their membership with ridiculously high dues, medical and other expenses while being paid a fortune."
"But the members love Trump," the president wrote.
Biden rolled out his campaign with a video directly attacking Trump for his insistence that there were "very fine people on both sides" of a white supremacist "Unite the Right" rally and counterprotest in Charlottesville, Virginia, in August 2017. One counterprotester, 32-year-old Heather Heyer, was killed during the clash.
Biden, who spent eight years as President Barack Obama's vice president, seized upon those remarks to contrast himself with Trump and frame the 2020 election as a "battle for the soul of this nation."
After Biden's announcement video resurfaced the controversy, Trump again defended those remarks when asked by reporters, saying he "was talking about people that went because they felt very strongly about the monument to Robert E. Lee ... people there were protesting the taking down of the monument to Robert E. Lee. Everybody knows that."