Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dispute with its mechanics.Airlinesread more
Treasury Secretary Steven Mnuchin said Wednesday he would not push in the near term for policies that would weaken the U.S. dollar.
"I think the dollar is the reserve currency of the world. It's in our interest; we want to maintain it," Mnuchin told CNBC's "Squawk Box." "A stable dollar is very important and over the long-term period of time I do believe in a strong dollar, which signifies a strong U.S. economy, a strong stock market and particularly because of the president's economic policies."
Mnuchin's comments come after President Donald Trump reportedly asked aides to find ways to weaken the U.S. dollar in an effort to boost the economy ahead of the 2020 election.
A weaker dollar makes it cheaper for people overseas to buy U.S.-made products. However, administrations have traditionally said they favored a strong dollar since assets like U.S. Treasurys are widely held around the globe.
But Trump said June 10 that a strong dollar puts the U.S. at a "disadvantage," adding that the Federal Reserve has set rates "way too high."
"The president is very focused on a lot of issues. He is focused on our trade issues. He is focused on our economic issues," Mnuchin said.