It wasn't supposed to be this way: The 2017 tax cut and aggressive moves toward deregulation were supposed to pull the U.S. economy out of its glacial move higher.Economyread more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
Oil jumped as much as 6% on Thursday after Iran shot down a U.S. military drone, prompting President Trump to blast Tehran on Twitter.Energy Commoditiesread more
The road to the Fed's policy pivot to lower interest rates began in early May, with a tweet from President Trump on trade.Market Insiderread more
CNBC analysis using Kensho found that Disney, Verizon and Home Depot were some of the best performing Dow stocks in declining-rate environments.Investingread more
If Facebook cut corners in something as basic as the branding of its nascent crypto efforts, this dispute could give ammunition to its many critics.Financeread more
Moore's entry into the 2020 race is worrisome for the GOP, which sees the race as its best chance to pick up a Senate seat next year.Politicsread more
Notorious "pharma bro" Martin Shkreli has reached a settlement with his former biopharmaceutical company Retrophin to resolve "all outstanding disputes" just week after he...Biotech and Pharmaceuticalsread more
Stocks rose on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Check out the companies making headlines after the bell:
Shares of Merck & Co dropped as much as 9% in extended trading on Monday, before erasing those losses, after the pharmaceutical company announced that its medication Keytruda failed to meet expectations in phase 3 of the drug's trial. Keytruda, a breast cancer medication, did not show results that met the desired requirements when compared to patients treated with chemotherapy.
Shares of Snap ticked slightly higher after the company announced it has named a new chief financial officer to take over for interim CFO Lara Sweet, effective immediately. The social media company promoted Derek Andersen, Snap's current vice president of finance, to permanently fill the position of chief financial officer. Lara Sweet will be taking over the role of chief people officer.
Shares of General Motors seesawed after news broke that the company will be ending its 'Maven' car-sharing service in eight of the 17 North American cities in which it is currently offered. Maven, launched in 2016, will end the service in the next few months in cities including Chicago and Boston. GM did not disclose the full list of cities where service will be eliminated. Cities the service will continue to operate in include Los Angeles, Washington D.C., Detroit and Toronto.
Shares of Mercury Systems dropped more than 5% after the aerospace and defense company announced it will be issuing 5 million shares of its common stock in an underwritten public offering. The company intends to use the net proceeds from the offering towards refinancing or repayment of debt and future acquisitions, as well as other corporate expenses.