CNBC News

America is the most powerful nation on earth. It possesses the strongest military, largest economy, and dominant culture. Nevertheless, such factors do not necessarily translate into either international respect or popularity. Indeed, the willingness of other nations to trust the U.S. with its extraordinary power is on the wane. That, […]

Production of Tesla’s Model 3 sedan increased in the company’s first quarter, but fell short of its goal of producing 2,500 vehicles a week. Tesla produced nearly 35,000 vehicles in its first production quarter of 2018 — a fourfold increase over the previous quarter, the company said. Of the 34,494 […]

Elevated geopolitical tension between Saudi Arabia and Iran could soon threaten the unity of an OPEC-led pact to keep oil prices in check, according to one commodity strategist. “Saudi Arabia-Iran tensions appear to be intensifying. While this provides a geopolitical premium in oil for now, it could develop cracks in […]

President Donald Trump is starting the day with tweets criticizing broadcast news media as “fakers.” Trump tweeted Tuesday that the “‘Fakers’ at CNN, NBC, ABC & CBS have done so much dishonest reporting that they should only be allowed to get awards for fiction!” Donald Trump tweet 1 The president […]

Bitcoin and ethereum just had their worst first-quarter price performances in history, but ripple fell the most out of the top three major cryptocurrencies. Bitcoin fell from $13,412.44 to $6,928.85 in the three months ended March 31, marking a more than 48 percent decline, according to data from industry website […]

BlackRock strategists see rising U.S. protectionism and a jump in bond yields as the biggest headwinds to their optimistic outlook for risk assets this year. Richard Turnill, global chief investment strategist at BlackRock Investment Institute, said the strategists favor stocks, particularly U.S. and emerging markets. BlackRock, the world’s largest asset […]

Japanese online broker Monex Group Inc said on Tuesday it is considering buying Coincheck Inc, the local cryptocurrency exchange hit by a high-profile $530 million theft earlier this year. The company did not provide any details but the Nikkei daily on Tuesday said the deal could be worth “several billion […]

President Donald Trump’s personal lawyer asked a federal judge on Monday to force adult film star Stormy Daniels to use arbitration to settle a dispute over an agreement to keep quiet about a sexual encounter she says she had with Trump. Daniels, whose real name is Stephanie Clifford, last month […]

Asian shares closed lower on Tuesday, although losses in the region were slighter than the declines seen stateside in the last session amid a drop in tech stocks and trade-related worries. Japan’s Nikkei 225 declined 0.45 percent, or 96.29 points, to close at 21,292.29, but was off its session lows. […]

Twenty-First Century Fox said it could legally separate Sky News within the wider Sky group to allay the concerns of a British regulator about the news service’s continuing independence under Rupert Murdoch’s ownership. It also said it could sell the 24-hour news channel to Walt Disney if its bid to […]