CNBC News

Former U.S. President George H.W. Bush, 93, was discharged on Friday from a Houston hospital, where he stayed for nearly two weeks for treatment of an infection that spread to his blood, a family spokesman said. Bush, the oldest living former U.S. president, was admitted to Houston Methodist Hospital on […]

Hawaii’s Big Island was on high alert on Friday evening after the Kilauea volcano spent a day spewing lava into residential areas, forcing hundreds to evacuate, and a series of earthquakes, included a powerful tremor, shook the island. Scientists and local officials warned residents that seismic and volcanic activity may […]

President Donald Trump will meet on Saturday with U.S. officials that went to China to negotiate with Beijing over trade. Trump tweeted late on Friday that the delegation had “long meetings” with Chinese leaders and business representatives. The meeting will plan to “determine the results” of the trade talks. The […]

Bitcoin is rallying and can no longer be ignored, said Brian Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies. “It’s a serious market,” Kelly said from Hoover Institution’s annual Monetary Policy Conference at Stanford University on Friday. “When I would go to events like […]

Stock buybacks may be on the rise, but noted analyst Dick Bove warned that is something banks shouldn’t be doing. “I am a big believer that buying back stock is a horrible thing to do for a bank. It’s like an oil company giving away oil for stock. You don’t […]

Berkshire Hathaway’s festival-like annual shareholder meeting in Omaha, Nebraska, told CNBC’s Jim Cramer a lot more than just how beloved the Warren Buffett-run company is. “For us, there’ll be talk of stocks galore, especially Buffett’s portfolio,” the “Mad Money” host said on Friday as the 40,000-person event kicked off. “You […]

Friday’s tech rally may have set up stocks for more gains in the week ahead, although the market could be tugged at by geopolitical concerns, like trade war talk and Iran. Technology was up 2 percent Friday and 3.2 percent for the week in its first positive week in three. […]

The cryptocurrency market is on the fritz with correction threats looming, but that might not be so bad for cybersecurity leaders like Kevin Mandia, the CEO of FireEye. “From a cybersecurity standpoint, an anonymous currency has not been a great thing,” Mandia told CNBC in a Friday interview with “Mad […]

Axon Enterprise may be the smallest competitor in its space — developing evidence-capture technology for law enforcement — but based on its deal flow, it might be the most refined. The company recently won contracts with the New York Police Department, the Miami-Dade Police Department and the Phoenix Police Department […]

Inequalities in unemployment levels are long-term and systemic, Marc Morial, president and CEO of the National Urban League, told CNBC. “There’s still implicit and explicit bias in the labor market,” Morial said on “Power Lunch” Friday. Earlier that day, the U.S. Bureau of Labor Statistics released the April jobs report, […]