Senator Dianne Feinstein says talks in Congress about a tax break to encourage U.S. companies to bring home more foreign cash have little momentum. “I’ve had discussions, I haven’t given up yet,” California Democrat Feinstein told a crowd of hundreds packed into the Herbst Theater in her hometown of San Francisco. Her comments, during an […]
Read moreChina’s stronghold as the leading BRICS economy could be up for contention by the end of the next decade, according to a new report which suggests that India is set to see a surge in innovation. India’s innovation growth rate is expected to rise significantly over the next 15 years, placing it ahead of Russia […]
Read moreThe markets will rise or fall depending on whether President Donald Trump stays on message during his speech in Missouri about tax reform, CNBC’s Jim Cramer said Wednesday. In an address Wednesday, Trump is expected to tout tax cuts as a way to help workers and the middle class in an economy “rigged” against them, […]
Read moreGoogle announced Wednesday that its voice assistant, better known simply as Google Assistant, will be coming to appliances this year. Google said washers, dryers and vacuums will soon gain voice controls. Need to run the dishwasher? A command like “OK Google wash the dishes” might start your washing machine. Google says it’s partnering with companies […]
Read moreBasketball’s current most famous family, the Balls, are headed to Facebook. “Ball in the Family” — which features father LaVar Ball, mother Tina Ball and their three sons, Los Angeles Lakers rookie Lonzo Ball, UCLA freshman LiAngelo Ball and Chino Hills High School player LaMelo Ball — is a reality TV series about the basketball […]
Read moreMarkets hate unpredictability. Yet, since the election of Donald Trump, investors are faced with massive doses of it every day. Few of us ever conceived of a United States president lashing out in tweets about everything from his “beleaguered” Attorney General to a “Low I.Q. Crazy” TV journalist who was “bleeding badly from a face-lift.” […]
Read moreThere is not much that the board of Uber has been able to agree on over the last few months. Along with an ugly lawsuit between its ousted CEO Travis Kalanick and major investor Benchmark Capital that arrives in court tomorrow, its directors have been riven into so many factions on so many issues that […]
Read moreCurrency, United States Finance
It's time to 'really start negotiating,' says European Parliament chief for Brexit
U.K. and EU diplomats are locked in the third round of talks this week in Brussels, but real negotiations have yet to begin, the European Parliament chief for Brexit warned in an exclusive interview with CNBC. “Let’s be honest, I think it’s maybe the first round of negotiations,” Guy Verhofstadt, who represents the European Parliament […]
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Donald Trump went to the Texas coast on August 29th to see for himself the disaster-relief effort in response to Hurricane Harvey. But few other people are able to travel there. The storm has brought record-breaking rains and devastating floods to the Houston area, killing at least 30 people so far (the toll is expected […]
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THE yield on the ten-year Treasury bond fell to 2.13% on August 28th, after North Korea fired a missile over Japanese territory. Investors tend to buy government bonds when they feel risk-averse. That will have come as a surprise to those commentators who have called the bond market a “bubble” that is sure to burst; […]
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