CNBC

President Donald Trump is synonymous with a “revolution” taking place in U.S. politics and society, according to Nobel Prize-winning economist Robert Shiller, but not in a good way. Speaking to CNBC ahead of the World Economic Forum (WEF) where Trump will be a key attraction, Shiller, a renowned economist and […]

A former CIA officer has been arrested and charged with illegally retaining classified records, including names and phone numbers of covert CIA assets. Jerry Chun Shing Lee, 53, was arrested Monday night after arriving at JFK International Airport. He made an initial appearance Tuesday in federal court in New York, […]

Bitcoin briefly plunged below $10,000 late Tuesday afternoon on Coinbase, after first topping the psychologically key level in late November. Other major digital currencies also sold off sharply. Digital currency ethereum plunged 30 percent Tuesday, to below $1,000, while ripple fell below $1. In fact, nearly every major cryptocurrency suffered […]

A 20 nation meeting on North Korea agreed on Tuesday to consider imposing unilateral sanctions on Pyongyang that go beyond those required by U.N. Security Council resolutions, the United States and Canada said in a joint statement. The meeting, to discuss North Korea’s nuclear weapons program, also agreed to support […]

Asian markets traded in negative territory early on Wednesday after Wall Street reversed a triple-digit point gain to close lower in the previous session. Japan’s Nikkei 225 declined 0.35 percent after touching a 26-year high in the last session. Major exporter stocks traded mixed in the morning while index heavyweights […]

Most major digital currencies suffered massive drops over the last 24 hours, but one token actually appeared to have posted gains. It’s called tether, and the digital asset aims to link the cryptocurrency environment to the fiat world by tying each token to government-backed currency. Of the top 50 digital […]

China’s banking regulator chief warned that a “black swan”, or an unforeseen event could threaten the country’s financial stability, official People’s Daily reported on Wednesday. In an interview with the paper, Guo Shuqing said that while risks in the financial system are manageable, they are still “complex and serious.” Since […]

The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency’s warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short. The legislation just cleared the procedural 60-vote threshold required to limit debate in the Senate and was expected […]

Asian markets traded in negative territory early on Wednesday after Wall Street closed lower in the previous session. Japan’s Nikkei 225 declined 0.85 percent after touching a 26-year high in the last session. Most exporter stocks traded lower in the morning as the dollar resumed its decline against the yen. […]

Most major digital currencies sold off sharply on Tuesday, but the declines in bitcoin, ethereum and litecoin prices weren’t as bad as much of the rest of the market. All of the top 20 digital currencies — by market value — suffered double digit losses over the last 24 hours, […]