Some Apple employees have become disillusioned with the group's culture, where some have thrived while others feel sidelined.Technologyread more
Biden has shown staying power at the top of a jammed Democratic field even as polling numbers for Sanders, Warren and Harris wax and wane.2020 Electionsread more
The FDIC on Tuesday votes to approve a five-agency revision of the post-crisis regulation known as the Volcker Rule.Financeread more
The yield curve is the only economic indicator pointing to a recession, according to Credit Suisse.Marketsread more
Amid fears of a recession, Domino's Pizza CEO Ritch Allison said Tuesday that the U.S. consumer is still strong.Restaurantsread more
Stocks slipped on Tuesday as investors digested a sharp rebound from a strong sell-off last week.US Marketsread more
Makan Delrahim, assistant attorney general for the antitrust division, said a large group of bipartisan state attorneys general have spoken to the Justice Department about...Technologyread more
With the official launch of the Apple Card, Goldman Sachs has embarked on a multi-decade journey to becoming a leader in consumer banking, CEO David Solomon says.Financeread more
These are the stocks posting the largest moves midday.Market Insiderread more
The move comes as Facebook continues to grapple with its privacy practices and lawmakers' scrutiny over how it uses personal data to display ads. But it probably won't have...Technologyread more
For investors still haunted by last week's monster sell-off, the market's comeback is set to last, according to J.P. Morgan's quant guru.Marketsread more
President Donald Trump's constant berating of the Federal Reserve and its actions does not influence the central bank's decisions on monetary policy, Boston Fed President Eric Rosengren said Friday.
"It has no effect on how I think about monetary policy," Rosengren told CNBC's Sara Eisen. "And people are entitled to opinions. If we hear interesting and important facts that we haven't thought about, we take that into consideration. And unless it's data driven, it doesn't have much of an influence on how I think about what we should be doing."
Trump has criticized the Fed keeping interest rates at levels he thinks are too high. Earlier this month, he said the current level of Fed rates was "unnecessary," adding that if the central bank would lower rates, "we'd be like a rocket ship."
On Friday, he tweeted: "....Fed: There is almost no inflation!"
He also said in a July 19 tweet that: "Because of the faulty thought process we have going for us at the Federal Reserve, we pay much higher interest rates than countries that are no match for us economically. In other words, our interest costs are much higher than other countries, when they should be lower. Correct!"
But Rosengren said the tweets are not the subject of conversation in Fed meetings, noting: "I can't recall them being mentioned at all."
The Fed raised rates four times in 2018, the last of which contributed to a massive correction in December. Since then, the Fed has pivoted and has not hiked rates at all in 2019. In fact, the Fed is largely expected to cut rates by ate least 25 basis points later this month.