The super rich attending Davos have misgivings about Ocasio-Cortez's proposal to boost the tax rate on earnings above $10 million to 70 percent.
The 4.6 percent monthly drop in existing home sales was unusually large, regardless of direction. The tally from the National Association of Realtors usually moves in the very low single digits month-to-month.
Stocks fell on Tuesday, the first trading day of the week, as weak data out of China and lower global growth estimates from the International Monetary Fund renewed fears of the global economy slowing down.
The billionaire investment titan also says a pause in Fed rate hikes makes it possible to "extend the equilibrium."
With impressive speed, stocks have recovered more than half their 20 percent fourth quarter drop, returning to where the S&P 500 was at the end of 2017
Seth Klarman wrote a sobering letter warning his investors of global tensions, rising debt levels and political divides.
The Senate released a bill Monday reflecting an offer President Donald Trump made Saturday to end the partial government shutdown, but it will almost certainly fail.
Apple's 2020 lineup of iPhones are likely to ditch LCD displays completely in favor of OLED, according to The Wall Street Journal.
Netflix slid more than the rest of the market even after receiving 13 Oscar nominations, including one for best picture for "Roma."
President Donald Trump's expectations that the U.S. Supreme Court would hand him a win in negotiations over the ongoing partial government shutdown now look likely to come to nothing.
PG&E has lined up credit and loans from several banks as it braces for a bankruptcy process that the utility believes will last two years.
With the new tax law, you need to think critically about what kind of mortgage you take out and how you pay it off, says "Shark Tank" star Kevin O'Leary.
John Kerry said President Donald Trump should resign while speaking on a CNBC panel at the World Economic Forum in Davos, Switzerland.
Netflix is expected to join the Motion Picture Association of America, a person familiar with the situation told CNBC Tuesday.
Hedge fund billionaire Ken Griffin has just smashed another real estate price record, buying the most expensive home sold in London in over a decade for $122 million.
Despite the dangers of credit cards, many Americans are racking up enough debt to worry about overdrafting their account on a single big-ticket item.
The high court did not rule on the merits of the company's argument that it should not have to comply with a subpoena issued by a federal grand jury in Washington earlier this year.
Hyundai's Kona sport utility took the award for top utility, which included its electric version.
The Microsoft Classroom Pen will be available only as part of education bundles, but the company is considering a wider release.
The former secretary of State launches a stunning rebuke of Trump's policies, saying his decision to withdraw from the Paris climate agreement will "cost lives."
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