CNBC News

US President Donald Trump signs a bill for border funding legislationin as Vice President Mike Pence looks on in the Oval Office at the White House in Washington, DC, on July 1, 2019. Nicholas Kamm | AFP | Getty Images President Donald Trump signed a temporary spending bill Friday to […]

Ambassador Joseph Wilson (R), husband of former CIA agent Valerie Plame, speaks during a news conference on Capitol Hill July 14, 2005 in Washington, DC. Wilson called on the resignation of White House Deputy Chief of Staff Karl Rove because of his involvement in disclosing his wife’s identity. Alex Wong […]

A new “Test-the-Waters” rule by the Securities and Exchange Commission could help stave off disappointing public market debuts — like those felt by Peloton and SmileDirectClub in recent weeks. The rule, announced Thursday, comes on the heels of a string of lackluster IPOs, and is intended to help companies gauge […]

Before President Donald Trump’s special envoy to Ukraine, Kurt Volker, was associated with a pivotal phone call between the American president and his Ukrainian counterpart, Volker met with another politician seeking the presidency in that country. Volker resigned from his position on Friday, sources familiar with the situation told Reuters. […]

Former National Football League player Patrick Kerney told CNBC on Friday that he thinks college athletes deserve to be paid, but he offered up an alternative to salaries or endorsement deals. “I think they should be paid, but in a deferred compensation package,” Kerney said on “The Exchange.” “Maybe contribute […]

The third quarter wraps up in the week ahead with stocks just slightly higher for the period, after a summer of zigzag moves. The market faces some of the same challenges in the final quarter of the year, including Brexit, the trade war with China, sluggishness in the global economy […]

Dow Jones Industrial Average falls 70 points The Dow fell 70.87 points, or 0.3%, to 26,820.25. The S&P 500 slid 0.5% to close at 2961.79. The Nasdaq Composite dropped 1.1% to 7939.63. The S&P 500 ended the week down 1%, its second straight weekly decline. Curbing investment in China U.S. […]

Peloton shares fell on Friday for a second day since going public. The company has now fallen 15% from its IPO share price of $29. That’s not the only warning sign in the IPO market. Endeavor shelved its IPO one day before its market debut, and WeWork’s path to become […]

U.S. Secretary of State Mike Pompeo speaks during a press conference on the sidelines of the United Nations General Assembly on September 26, 2019 in New York City. Drew Angerer | Getty Images Three House committees have subpoenaed Secretary of State Mike Pompeo for documents related to the Ukraine probe […]

Outside CIA Headquarters.in Langley, Virginia. Charles Ommanney | Getty Images The whistleblower who accused President Donald Trump of pressuring Ukraine’s president to interfere in the 2020 presidential election is a CIA employee who was detailed to the White House, NBC News reported Friday. That information about the whistleblower, who raised […]