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David Koch, billionaire businessman and influential GOP donor, dies

David Koch, a billionaire businessman and philanthropist who, along with his brother Charles, gained fame as an influential donor to conservative and Republican causes, has died, Charles Koch announced on Friday.

Fri, 23 Aug 2019 16:03:57 GMT

The Point: How the Koch brothers fundamentally changed modern politics

The death of David Koch on Friday -- and the broader retreat he and his brother made from politics since the 2016 election -- brings an end (if not the end) to one of the most influential (and controversial) chapters in modern American politics. Like them or hate them -- and almost no one feels indifferently about David and Charles Koch -- it's impossible to overlook the impact they have had on our current political culture.

Fri, 23 Aug 2019 16:42:20 GMT

Analysis: Will Trump blow up the G7 summit?

The biggest question clouding this weekend's G7 summit in France is whether the President of the United States will blow it up.

Fri, 23 Aug 2019 14:23:11 GMT

Overstock CEO: FBI asked me to pursue a romantic relationship with Maria Butina

Former Overstock CEO Patrick Byrne said Thursday that the FBI directed him in the summer before the 2016 election to pursue a "romantic relationship with Maria Butina," the Russian woman who was accused of seeking to win influence in powerful Republican circles at the behest of her country's government.

Fri, 23 Aug 2019 16:45:02 GMT

Seth Moulton to end 2020 presidential campaign

Rep. Seth Moulton will end his presidential bid on Friday during a speech at the Democratic National Convention summer meeting in San Francisco, according to prepared remarks of the speech the Massachusetts Democrat plans to deliver.

Fri, 23 Aug 2019 13:55:34 GMT

Analysis: How America feels about Taylor Swift says more about us than her

The sheer gauziness of Taylor Swift's celebrity is such that when people talk about her, they tend to reveal less about her and more about us, as a society.

Fri, 23 Aug 2019 13:49:56 GMT

Fact check: Trump wrong that doctors left operating rooms to meet with him, El Paso and Dayton hospitals say

When President Donald Trump was asked Wednesday what victims of mass shootings are telling him about gun laws, he did not answer directly. Instead, he boasted of "the love for me" among the people he visited in hospitals in El Paso and Dayton after the August massacres in those cities.

Fri, 23 Aug 2019 16:14:37 GMT

US warship sails through Taiwan Strait after Chinese officials canceled its Hong Kong port visit

The US Navy sailed a warship through the Taiwan Strait Friday, a move that comes amid heightened tensions with Beijing over trade.

Fri, 23 Aug 2019 16:06:59 GMT

Powell acknowledges growing risk of slowdown, but gives no hint about rate moves for September

Federal Reserve chairman Jerome Powell on Friday acknowledged that the economy has grown more turbulent in the three weeks since the Fed cut rates for the first time in a decade -- but stopped short of giving any indication about what might be coming at the next rate-setting meeting in September.

Fri, 23 Aug 2019 15:49:08 GMT

Analysis: 21 Democrats are still running for president. Most of them only have a small chance of winning.

The Democratic primary dropouts are coming a mile a minute now. Earlier this week, Washington Gov. Jay Inslee decided to depart the 2020 presidential race. Now, Massachusetts Rep. Seth Moulton is bowing out.

Fri, 23 Aug 2019 14:00:50 GMT

Four presidents, four strategies: The US' wars in Afghanistan

It's been nearly twenty years since 9/11 but the US has been involved in Afghanistan for far longer. Here's a look at how four presidents and four very different strategies have shaped the US role in Afghanistan.

Fri, 23 Aug 2019 14:51:34 GMT

Trump immigration official says new rule detaining families indefinitely is a 'deterrent'

Trump immigration official Ken Cuccinelli is defending the Trump administration's proposed changes to the Flores settlement agreement that would allow undocumented families to be detained together indefinitely, saying the new proposal is meant to deter migrants from wanting to cross the US-Mexico border.

Fri, 23 Aug 2019 14:27:55 GMT

The tide is starting to turn on one of Trump's favorite industries

The tide is starting to turn on one of President Donald Trump's favorite industries: Steel.

Fri, 23 Aug 2019 11:31:52 GMT

Star Mueller cooperator Rick Gates back in court to testify against former White House counsel

Top Mueller cooperator and star trial witness Rick Gates had it easier his second time around.

Thu, 22 Aug 2019 23:37:50 GMT

Immigration judges at DOJ were sent news briefing with link to anti-Semitic content

A Department of Justice office sent its employees, including immigration judges, a daily news briefing that included a link to a blog featuring racial and anti-Semitic slurs, according to a letter sent by an immigration judges union.

Fri, 23 Aug 2019 13:39:06 GMT

Senior DHS official exits amid department leadership changes

A senior official in the Department of Homeland Security will leave the agency next month, marking the latest top DHS official to leave the administration in recent months.

Fri, 23 Aug 2019 04:08:02 GMT

Sen. Tom Cotton says he floated the idea of buying Greenland to Trump

Sen. Tom Cotton says he raised the idea of buying Greenland with the White House well before the issue became public last week, a proposal that ultimately caused a diplomatic spat between President Donald Trump and the Danish Prime Minister.

Fri, 23 Aug 2019 00:35:18 GMT

A New Mexico farmer is dumping 12,000 gallons of milk a day. Here's why

In towns and cities across the United States, Americans' tap water is contaminated with so-called forever chemicals -- and some are forced to live off bottled water.

Thu, 22 Aug 2019 22:39:24 GMT

Trump court pick denounced feminists, gay-rights groups and diversity efforts in 1990s, 2000s editorials

A White House aide nominated by President Donald Trump for a federal appeals court seat has a history of denouncing women's marches against sexual assault, dismissing education about multicultural awareness and accusing a major LGBTQ group of exploiting the brutal murder of a gay student for political ends.

Thu, 22 Aug 2019 21:13:23 GMT

Buttigieg rolls out plan to push for mental health care, fight addiction

South Bend, Indiana, Mayor Pete Buttigieg on Friday released a plan to combat addiction and provide mental health services, outlining a proposal that aims to reduce the stigma around mental health, penalizes insurance companies that do not offer mental health coverage and offers $10 billion in annual grants for communities to address the issues.

Fri, 23 Aug 2019 10:02:14 GMT

Washington Gov. Jay Inslee drops out of presidential race

Democratic Washington Gov. Jay Inslee on Wednesday announced he is suspending his presidential campaign.

Thu, 22 Aug 2019 01:57:19 GMT

Pete Buttigieg looks to Iowa, organizing to get his momentum back

Pete Buttigieg, a candidate who once had more momentum than any Democrat in the 2020 race, has plateaued.

Thu, 22 Aug 2019 20:00:45 GMT

Beto O'Rourke rolls out new plan to protect workers' rights

Former Texas Rep. Beto O'Rourke on Thursday rolled out his sweeping plan to ensure higher wages, protections for labor unions and end workplace discrimination.

Thu, 22 Aug 2019 14:38:45 GMT

Bernie Sanders unveils comprehensive Green New Deal plan amid climate crisis

Sen. Bernie Sanders on Thursday added progressive meat to the bones of the Green New Deal with the release of his comprehensive climate change program ahead of a campaign stop in Paradise, California, the city leveled by a devastating 2018 wildfire.

Thu, 22 Aug 2019 20:25:05 GMT

The 2020 Democratic field is going to start shrinking faster now

On Wednesday night, Washington Gov. Jay Inslee became the third major Democratic candidate to drop out of the 2020 race. He's not likely to be the last to say goodbye in the next few weeks.

Thu, 22 Aug 2019 13:11:05 GMT

White House drops attempt to cancel $4 billion in foreign aid

The White House has dropped its attempt to move forward with a controversial plan to eliminate up to $4 billion in foreign aid funding, several officials confirmed Thursday.

Thu, 22 Aug 2019 19:44:34 GMT

Nikki Haley bats down idea of being Trump's 2020 VP pick: 'Vice President Pence has been a dear friend of mine for years'

Former Ambassador to the United Nations Nikki Haley dismissed the notion that President Donald Trump would opt to choose her as his reelection running mate over Vice President Mike Pence.

Wed, 21 Aug 2019 22:46:39 GMT

What is the Flores settlement that the Trump administration has moved to end?

The Trump administration on Wednesday announced plans to end a decades-old settlement agreement that had set a 20-day limit for holding children and issue new regulations that could hold undocumented families detained together indefinitely.

Thu, 22 Aug 2019 16:10:36 GMT

Analysis: Trump's contradictions hit a fever pitch

Something is eating at President Donald Trump.

Thu, 22 Aug 2019 13:12:02 GMT

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NRA rivals see opening as turmoil grips nation’s biggest gun rights group

As the National Rifle Association grapples with the drama inside the country’s most powerful gun-rights organization – and Democrats ramp up their gun control push – other gun-rights groups that have long existed in the NRA's shadow are working to raise their profiles.
Fri, 23 Aug 2019 15:48:04 GMT

Moulton ends long-shot White House bid, in latest 2020 Dem drop-out

Rep. Seth Moulton of Massachusetts on Friday ended his long-shot bid for the Democratic presidential nomination.
Fri, 23 Aug 2019 13:52:16 GMT

More GSA debauchery: Probe finds ex-official had sex on agency’s roof with White House staffer

The same agency that sparked a firestorm during the Obama administration for lavish spending at a Vegas conference – complete with a widely mocked photo of a grinning fed lounging in a hot tub – is back in the headlines.
Fri, 23 Aug 2019 13:20:26 GMT

Trump's 'chopper talk' news conferences blow away White House press corps: report

Some reporters are complaining that President Trump’s recent "gaggles" on the White House lawn -- as Marine One’s helicopter rotors blare in the background -- make it more difficult for them to hold the president accountable and paints them in an unprofessional light, according to a report. 
Fri, 23 Aug 2019 10:08:20 GMT

Wisconsin too cheesy for Dems? Many 2020 delegates snag hotels closer to Chicago: reports

Nearly half of the delegations scheduled to attend the 2020 Democratic National Convention in Milwaukee next July will stay in hotels across the state line in Illinois -- stretching as far as the Chicago area, officials said.   
Fri, 23 Aug 2019 06:36:42 GMT

Democratic voters in New Hampshire blame climate change for economic woes

The 2020 Democratic presidential hopefuls flocking to the first-in-the-nation primary state of New Hampshire could encounter voters who claim they are feeling the effects of climate change in their pocketbooks -- as they seek to woo Democrats who count the environment as a top issue.
Fri, 23 Aug 2019 02:11:00 GMT

Leading House Dem calls out Omar and Tlaib amid Trump attack for furthering anti-Semitism with 'vile' cartoon

House Judiciary Chairman Jerry Nadler, D-N.Y., called out members of both parties on Thursday, claiming they helped further anti-Semitism in the nation's "political dialogue."
Fri, 23 Aug 2019 00:06:48 GMT

Dem Rep. Tom Malinowski: We need illegal immigrants to 'mow our beautiful lawns'

Rep. Tom Malinowski, D-N.J., defended the presence of both legal and illegal immigrants on Tuesday, asking his constituents: "Who do you think is mowing our beautiful lawns?"
Thu, 22 Aug 2019 23:56:44 GMT

Protests erupt after DNC puts kibosh on climate change-focused debate

The Democratic National Committee's summer meeting in San Francisco erupted into a hail of protests on Thursday, as unruly environmentalist activists condemned the party's decision not to hold a presidential primary debate focused exclusively on climate change — a demand long sought by left-wing activists.
Thu, 22 Aug 2019 21:20:43 GMT

Bernie Sanders signals his administration would pursue 'criminal' charges against oil executives

Sen. Bernie Sanders, I-Vt., upped the ante in his progressive agenda on Thursday when he signaled support for criminal charges against executives at oil companies.
Thu, 22 Aug 2019 21:11:27 GMT

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Top News & Analysis

Apple and chip stocks slide after Trump orders US companies to look for alternative to China

Semiconductor stocks and shares of Apple slid on Friday after President Donald Trump said U.S. companies should "immediately start looking for an alternative" to their operations in China.
Fri, 23 Aug 2019 16:42 GMT

In a bad sign for trade talks, Trump deploys a new label for China's Xi – 'enemy'

"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.
Fri, 23 Aug 2019 16:40 GMT

VMware adjusting for a 'two trading-bloc world' as US-China trade war escalates, says CEO

American companies are having to adjust accordingly to operating in two distinct Chinese and American marketplaces as the trade war escalates, Patrick Gelsinger tells CNBC.
Fri, 23 Aug 2019 16:28 GMT

Trump calls on UPS, FedEx and Amazon to 'search for & refuse' fentanyl deliveries from China

In a series of tweets in which he called on American companies to look for "an alternative to China" on Friday, Trump singled out FedEx, UPS, Amazon and the United States Postal Service specifically.
Fri, 23 Aug 2019 16:24 GMT

Shares of companies that manufacture in China plunge after Trump orders them to move

Multinationals that rely on the supply chain from China are tumbling after President Donald Trump ordered them find alternatives to their Chinese operations.
Fri, 23 Aug 2019 16:20 GMT

Stocks making the biggest moves midday: Footlocker, Apple, HP & more

Names on the move ahead of the open.
Fri, 23 Aug 2019 16:16 GMT

Tesla, Ford have the most to lose among US carmakers on China's new round of tariffs

The two American car companies are among the top exporters of U.S.-produced vehicles to China along with BMW and Daimler/Mercedes-Benz, according to industry data obtained by CNBC.
Fri, 23 Aug 2019 16:03 GMT

President Trump meeting with trade team at White House amid tweetstorm that rocked markets

The president tweeted Friday morning that he was ordering "our great American companies" to "immediately start looking for an alternative to China."
Fri, 23 Aug 2019 15:51 GMT

Volkswagen recalls 679,000 US vehicles to fix electrical problem that could cause cars to roll away

Volkswagen said Friday that it's recalling 679,000 U.S. vehicles sold since 2011 with an electrical issue that could cause the car to roll away.
Fri, 23 Aug 2019 15:44 GMT

Trump 'hereby' orders US companies to find an alternative to China

"We don't need China and, frankly, would be far better off without them," Trump tweeted.
Fri, 23 Aug 2019 15:03 GMT

Amazon hosts thousands of unsafe or banned products, new investigation finds

Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a Wall Street Journal investigation.
Fri, 23 Aug 2019 14:59 GMT

Here's why you might want to rethink getting an adjustable rate mortgage

With recessionary fears causing longer-term interest rates to hover near or below short-term rates, the advantage that typically comes with adjustable-rate mortgages has shrunk — or entirely disappeared — at some lenders.
Fri, 23 Aug 2019 14:57 GMT

Trump tweets: 'Who is our bigger enemy,' Fed Chairman Powell or Chinese President Xi?

President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.
Fri, 23 Aug 2019 14:43 GMT

These tech stocks can shield your portfolio if a recession hits, trader says

The recession obsession has captivated Wall Street, and experts are seeking stocks that can shield investors from the potential pain.
Fri, 23 Aug 2019 14:33 GMT

Tesla short David Einhorn says Elon Musk should resign over solar panel fires

On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.
Fri, 23 Aug 2019 14:02 GMT

Powell says there's no 'rulebook' for trade war, pledges to 'act as appropriate' to sustain economy

Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.
Fri, 23 Aug 2019 14:00 GMT

Here's why you should never wait to buy plane tickets on National Cheap Flight Day

Don't wait to buy plane tickets on National Cheap Flight Day.
Fri, 23 Aug 2019 13:57 GMT

Student loan borrowers battling cancer can now press pause on their payments

Congress passed a law allowing people with cancer to press pause on their student loan payments. Yet borrowers haven't been able to access the deferment because the U.S. Education Department didn't issue an official application. Now it has.
Fri, 23 Aug 2019 13:55 GMT

Two housing stocks could be building toward a breakout, traders say

Home construction stocks have been hitting the nail on the head over the past month, and two of them could be on their way to a bigger breakout.
Fri, 23 Aug 2019 13:41 GMT

Kobe Bryant turns 41 today—here's the money advice he would give his 17-year-old self

The NBA legend signed his first pro basketball contract at 17. It made him a millionaire virtually overnight.
Fri, 23 Aug 2019 13:39 GMT

Want a budget-friendly trip this fall? Follow these 10 tips

Autumn is a good time to get away. Here is some advice from experts on how to find the best deals.
Fri, 23 Aug 2019 13:06 GMT

David Koch, billionaire industrialist and libertarian political activist, dies at 79

The Koch brothers financed one of the most influential political networks in the modern era. David Koch's net worth was estimated at $42 billion.
Fri, 23 Aug 2019 12:58 GMT

White House has reportedly discussed a Fed governor rotation to curb Powell's power

The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.
Fri, 23 Aug 2019 12:21 GMT

Facebook learned about Cambridge Analytica as early as September 2015, new documents show

Emails between Facebook employees from 2015 illustrate early actions the company took to investigate third-party use of data.
Fri, 23 Aug 2019 12:17 GMT

China will retaliate with tariffs on $75 billion more of US goods and resume auto duties

China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.
Fri, 23 Aug 2019 12:04 GMT

James Bullard says Fed should cut rates because inverted yield curve is 'not a good place to be'

The Fed's James Bullard says more monetary easing is necessary because of the recession signal being flashed by the bond market.
Fri, 23 Aug 2019 11:43 GMT

Dollar falls after Fed's Powell speech, Trump tells US companies to look for 'alternative to China'

The dollar fell on Friday following a speech from Federal Reserve Chair Jerome Powell and after President Donald Trump ordered U.S. companies to find alternatives to their operations in China.
Fri, 23 Aug 2019 08:49 GMT

Dow drops 450 points after Trump orders US companies to look for 'alternative to China'

Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.
Fri, 23 Aug 2019 06:20 GMT

There is enough economic data for the Fed to warrant a rate cut, Jim Cramer says

"The economy may be in good shape now, but if we keep getting more and more tariffs it could deteriorate," Jim Cramer says.
Thu, 22 Aug 2019 22:45 GMT

Ted Cruz defends Hasbro's 'Monopoly Socialism' after parody board game draws criticism online

Sen. Ted Cruz came to the defense of toy-making giant Hasbro on Thursday after the company came under fire over a "Monopoly Socialism" game that takes as its slogan the phrase "Winning is for capitalists."
Thu, 22 Aug 2019 21:33 GMT