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CNBC: US News

Good news on trade could have some unintended consequences for stocks

Trade talk rumors are boosting an already healthy rally but the bad news may be that the markets are pricing in a favorable trade deal.

White House games out potential new Trump infrastructure plan

Still, it's not clear whether the administration will move forward to publicly announce a new plan of its own, or wait for Democrats in Congress to bring their own infrastructure proposal out first.

FTC is reportedly considering a 'record-setting fine' against Facebook

The Federal Trade Commission is considering imposing a "record-setting fine" against Facebook for allegedly failing to protect users' data, The Washington Post reported Friday.

Ferrero, Hostess, B&G Foods bid on Kellogg's Keebler and Famous Amos cookie business

Kellogg's Keebler, Famous Amos and fruit snacks businesses are attracting attention from Hostess Brands and Nutella-owner Ferrero, people familiar with the situation tell CNBC. A deal could value the

Tesla has $920 million in debt that's coming due — and it could wipe out a large chunk of its cash

The company continues to reveal pressure to maintain profitability.

Early investor defends Tesla as shares tank: Musk created 'the iPhone of the electric-car market'

Tesla's newest round of layoffs is simply Elon Musk trying to "right-size" the company, said Steve Westly. But Needham analyst Rajvindra Gill said there are risks on the horizon.

Trump's dismal popularity among foreigners may be costing the US billions in exports

President Trump's unpopularity overseas may have cut American exports by at least $3 billion, according to a UC, Berkeley study.

House Intel Chairman Schiff vows to focus on Trump Tower Moscow deal in wake of BuzzFeed report

If true, Schiff said, the allegations "would constitute both the subornation of perjury as well as obstruction of justice."

The market is recovering because earnings are turning out to be not so bad

Earnings have reset lower but are still seen growing in the mid-single digits for 2019, and recession fears have eased.

Microsoft recommends switching to iPhone or Android as it prepares to kill off Windows phones

Microsoft says anyone using its smartphone platform, Windows 10 Mobile, should switch to Android or iPhone.

Trump AG pick Barr told senators that a president who encourages perjury is committing a crime

Bill Barr's answer to Sen. Amy Klobuchar, D-Minn., went viral after a BuzzFeed report said that Trump had directed his then-personal lawyer Michael Cohen to lie to Congress about an aborted plan to

Sen. Elizabeth Warren questions Mnuchin about his extraordinary calls to bankers and regulators

In a letter, Warren asked why the Treasury chief made the calls when they were no major concerns about stability or financial institution liquidity.

Banks, credit unions offer 0 percent interest loans during the government shutdown

Amid the stalemate in Washington, credit unions have some of the more generous offers for government employees.

Trump accuses Michael Cohen of 'lying to reduce his jail time' in wake of BuzzFeed bombshell

BuzzFeed reported that Trump directed Cohen to lie to Congress about talks regarding a possible Trump Tower project in Moscow.

A top Apple analyst believes there's another 'shoe to drop' for the stock

Though Apple has trumpeted its Services segment, the company's top analyst thinks the App Store is "the next shoe to drop."

FDA chief Scott Gottlieb warns 'we have many hard decisions ahead of us' if shutdown persists

The FDA cannot accept any new funding during the shutdown, now in its 28th day, forcing the agency to stretch its remaining money to last only about five more weeks.

Fed's Williams calls for 'patience and good judgment' before raising rates

Williams reiterates recent calls from other Fed officials that suggest a less aggressive approach to rate hikes in 2019.

Tesla will need to make cheaper Model 3s by the second half of 2019

Tesla's layoffs show the company needs to cut costs and move toward making some cheaper options. European deliveries can offset demand in the next few months, says one analyst.

FDA looking how to get nicotine-addicted teens to quit vaping as e-cigarette 'epidemic' grinds on

The FDA says doctors need more information about treating kids for nicotine use since most cessation products are only for adults.

Tesla dives, but analysts stay bullish: Job cuts signal 'productivity gains'

Job cuts at Tesla are not quite the bad news as first seemed, analysts at Jefferies and Oppenheimer say.