The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
These are the stocks posting the largest moves midday.Market Insiderread more
The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the stock market, Bernstein says.Marketsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Former Egyptian president Mohamed Mursi has died in court, state television reported on Monday.World Politicsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Such an event, if it materializes, will be "detrimental to the world," said Jose Vinals, group chairman at Standard Chartered Bank. His comments came as rivalry between the world's two largest economies extend into areas beyond trade such as technology and global influence.
"Something that I think will be detrimental to the world is if we were to move from the present state ... to a sort of bifurcation of globalization," Vinals told CNBC's Nancy Hungerford at the Institute of International Finance's spring meeting in Japan.
He explained that some countries and companies may start "doing more business and operating in the half of the world which is globalized along the western line," while the other half may work "in the part which is globalized along the eastern line."
"I hope it's not (going to happen) but this is something which is a more likely prospect now than it used to be a few years ago. And I think it's a very adverse reality if it eventually materializes," he added.
Vinals is not the only business executive who has warned of a potential split in the world because of the rivalry between Washington and Beijing. Late last year, former Google CEO Eric Schmidt predicted there would be two distinct internets within the next decade: one led by the U.S. and the other by China.
The U.S. and China have engaged in a year-long tariff fight that many analysts and investors hoped could be resolved some time this year. But developments and escalating rhetoric from both sides in recent weeks have dimmed those hopes.
U.S. President Donald Trump raised tariffs on $200 billion worth of Chinese imports last month, which led to Beijing retaliating with its own set of levies. High-level negotiations for a trade deal between the two countries have since halted.
Adding to the conflict, Washington placed Huawei on a blacklist that limits U.S. companies from doing business with the Chinese tech giant.
Those recent developments indicate that it's become harder for Washington and Beijing to reach a deal — a "marked" change from the optimism seen a few months ago, noted Vinals.
"It is very hard to know what will happen," he said. "I think that what we have seen is a marked shift in the past couple of months of the mood. Two months ago, everybody was thinking: 'There is going to be a deal.' Now, expectations are: 'It's going to be very hard for a deal to be there.'"
— CNBC's Sam Meredith contributed to this report.