The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...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
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread 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
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
The U.S. could become one of the most protectionist countries in the world, if President Donald Trump's latest tariff threat materializes.
Trump tweeted Sunday that the current 10% tariffs on $200 billion worth of Chinese goods will rise to 25% on Friday. He also threatened to impose 25% levies on an additional $325 billion of Chinese goods "shortly." U.S. duties, already higher than those of most developed economies, would surge to levels above those of many emerging-market countries, where tariffs are more commonplace, CNBC's Steve Liesman pointed out.
"If the U.S. follows through on the latest trade war threats it will raise the overall US tariff level to 7.5%, which is higher than in many emerging markets," Torsten Slok, Deutsche Bank's chief economist, said in an email on Monday.
Trump's tariff plan rattled the markets, which had just recently hit record highs on trade-deal optimism and solid corporate earnings. Companies with high revenue exposure in China such as semiconductors led the losses on Monday.
Some Wall Street analysts remain positive a trade deal will come through, saying the threat from Trump is just a negotiation tactic.
Trade negotiations between Washington and Beijing officials are still set to resume on Wednesday, but Chinese Vice Premier Liu He will likely cancel the trip he'd planned for the final round of talks.