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
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
The billionaire investor believes the stock market is in a "zone of fair value" at current levels.Marketsread more
"I think there's a deceleration in the economy to the point where the railroads, the airlines, the companies, the lenders are all admitting that there's deceleration," says...Investingread more
However, Slack chief Stewart Butterfield says, "The broader world of email will stick around."CNBC Disruptor 50read more
Apple said in a letter released Thursday that tariffs could hurt its ability to compete globally.Technologyread more
Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month.US Marketsread more
Trump tweets after an Iranian surface-to-air missile shot down a U.S. military surveillance drone in what the U.S. calls an "unprovoked attack."Politicsread more
National Securities' Art Hogan sees the U.S.-China trade war as the market's biggest risk – not Fed policy.Trading Nationread more
The last few years have seen a surge of interest in plant-based burgers, but a few restaurant chains remain on the sidelines.Restaurantsread more
The Federal Reserve may be on its way to delivering a half-point interest rate cut next month, according to Goldman Sachs economists.Economyread more
The Pentagon presented a report to Congress on rare earth minerals in an effort to reduce reliance on China.
"The department continues to work closely with the president, Congress and the industrial base to improve U.S. competitiveness in the mineral market," Lt. Col. Mike Andrews, a spokesman for the U.S. Defense Department, told CNBC Thursday. Reuters first reported the submission of the report.
The move came after China threatened to use its dominance in rare earth minerals as a countermeasure in the trade war with the U.S. The biggest Chinese newspaper explicitly warned the U.S. on Wednesday that China would cut off the rare earth supply, saying "don't say we didn't warn you," a phrase it used ahead of China's border war with India in 1962 and the 1979 China-Vietnam war.
The rare earth report was a requirement resulting from vulnerabilities identified in a report the Defense Department produced last year that said the increased imports of strategic and critical materials, such as rare earths are "causing a trade-off between supply dependency and lower costs."
China's rare earth materials, while only accounting for a small part of the $420 billion U.S. goods deficit with China in 2018, are crucial to the production of a slew of technology items including iPhones, electric vehicles and advanced precision weapons.
— Click here to read the original Reuters report.