CNBC News

After Friday’s sell-off, CNBC’s Jim Cramer needed to emphasize why investors must remain vigilant in this new, much more volatile stock market. “The key is to recognize that you’re only human. Your sense of timing is going to be fallible,” the “Mad Money” host said. “That’s especially true with this […]

U.S. law enforcement agencies have seized the sex marketplace website Backpage.com as part of an enforcement action by the Federal Bureau of Investigation, according to a posting on the Backpage website on Friday. A Phoenix FBI official said that there was “law enforcement activity” on Friday at the Sedona, Arizona […]

Markets head into the week ahead, battered by trade war fears, and the selling pressure could continue if there are no signs of a breakthrough. Two events on the trade front could impact markets. There is speculation that progress will be announced on renegotiations of the North American Free Trade […]

Amazon is the undisputed leader in cloud computing infrastructure. But that doesn’t mean the company is close to winning a major cloud contract from the U.S. Department of Defense, contrary to at least one media report. The deal, which is reportedly worth up to $10 billion, could make a material […]

Here’s something that might alarm financial markets as much as President Trump‘s trade war threats: his reshaped Republican Party doesn’t much mind them. House Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, powerful advocates for the GOP’s pro-business wing, have both warned against potential economic damage from Trump’s course. […]

President Donald Trump has been accusing online retailer Amazon of paying and collecting few state and local taxes, but his own company’s online store collects sales taxes in just two states, the Wall Street Journal reported Friday. Although the Trump Organization is based in New York, TrumpStore.com collects sales taxes […]

President Donald Trump‘s tariff threats appear to be doing more harm than good to the United States, former Treasury Secretary and Obama administration economic advisor Larry Summers told CNBC Friday. “This is a policy that’s in the ‘Stop, or I’ll shoot myself in the foot’ category,” he said on “Power […]

The United States is taking the blame for trade tensions that were started by other countries, said Steve Odland, president and CEO of Committee for Economic Development, a Washington think tank. “It’s China that has been doing the bad behavior for a number of years,” Odland told CNBC, referring to […]

Rep. Blake Farenthold resigned abruptly Friday, months after sexual harassment allegations against the Texas Republican surfaced. Farenthold, who has represented Texas’ 27th District since 2011, said in December he would not seek re-election this year. The 56-year-old becomes only the latest member of Congress to resign in recent months following […]

The Dow Jones industrial average fell over 550 points on Friday after a volatile week of trading, as investors continued to fret that a trade war might be imminent. But for the average person, shifts in the market, even ones as dramatic as the ones we’ve seen this year, shouldn’t […]