Trump will remove new North Korea-related sanctions because he ‘likes’ Kim Jong Un

Trump will remove new North Korea-related sanctions because he ‘likes’ Kim Jong Un

Trump and North Korean dictator Kim Jong Un have met face to face twice, but left a summit in Vietnam last month without reaching a deal on denuclearization. Since the summit, reports have emerged of new activity at a North Korean missile research center and rocket site. Trump's surprise reversal Friday marks a departure from…
Bonds are flashing a huge recession signal — here’s what happened to stocks last time it happened

Bonds are flashing a huge recession signal — here’s what happened to stocks last...

"Yield curve inversion won't signal doom," Jonathan Golub, chief U.S. equity strategist at Credit Suisse, said in a note last year. "While an inversion has [preceded] each recession over the past 50 years, the lead time is extremely inconsistent, with a recession following anywhere from 14-34 months after the curve goes upside down." The most…
GE’s stock is having one of its best quarters in five decades, but analysts are unconvinced

GE’s stock is having one of its best quarters in five decades, but analysts...

General Electric's stock is having one of its best quarters in nearly five decades. Shares of the industrial giant are up more than 34 percent so far this year, putting it on track for its second-best quarterly performance since at least 1971. But the torrid run hasn't been enough to sway two market watchers. "From…
Tesla Gigafactory employees stood in line for ‘Merch Madness,’ a chance to buy company swag on the cheap

Tesla Gigafactory employees stood in line for ‘Merch Madness,’ a chance to buy company...

Among the items in the employee-only shop were: A "Tesla Corporate Jacket," which Tesla sells on its website for $175, but cost employees just $48 during the event Tesla caps that sell for around $30 at retail, but cost employees $6 Items not currently available online, including a Semi Truck tee for $9, leather Corsicana…
Top Trump trade official Clete Willems to leave the White House in weeks, as China talks continue, sources say

Top Trump trade official Clete Willems to leave the White House in weeks, as...

A top White House trade official is planning to leave in the coming weeks, amid the Trump administration's high-stakes talks with China, according to three people familiar with his plans. Clete Willems, the deputy director of the National Economic Council, has served as the lead trade negotiator, known as the "sherpa," for the U.S. at…
Tiffany shares bounce back as CEO touts growth opportunities

Tiffany shares bounce back as CEO touts growth opportunities

Tiffany shares bounced back Friday morning after management touted growth opportunities for the retailer, despite it reporting a 1 percent drop in sales worldwide during the holiday quarter, calling out "external challenges and uncertainties." Its stock initially fell. But it was last up more than 3 percent following Tiffany's earnings release, as its CEO soothed…
Part of ‘yield curve’ inverts as 3-month yield tops 10-year rate

Part of ‘yield curve’ inverts as 3-month yield tops 10-year rate

U.S. government debt yields added to the week's steep losses on Friday as bond traders lost confidence in the strength of the U.S. and global economies just days after the Federal Reserve downgraded its own forecast. The recent downturn in long-term debt yields triggered an inversion of part of the Treasury yield curve, the plot…
Rajat Gupta on rebuilding his life nearly seven years after insider trading conviction

Rajat Gupta on rebuilding his life nearly seven years after insider trading conviction

CNBC's Andrew Ross Sorkin interviews Rajat Gupta, who served 19 months in prison on federal insider trading charges. This is his first interview since being released from prison in 2016.
German 10-year bond yield turn negative for first time since 2016 amid fears of a recession

German 10-year bond yield turn negative for first time since 2016 amid fears of...

Germany's 10-year government bond yields slipped into negative territory on Friday for the first time since October 2016. Hitting a low of -0.001 percent, the 10-year bond yield's downturn comes amid rising concern about the direction of the euro zone's largest economy, with a string of weak data in recent months fueling speculation that Germany…
Skeptical Democratic donors tell Joe Biden they will not raise funds for him at the start of the 2020 campaign

Skeptical Democratic donors tell Joe Biden they will not raise funds for him at...

Several top Democratic donors have told former Vice President Joe Biden that they won't help him raise funds in the early stages of the party's 2020 presidential primary, CNBC has learned. Their reason: skepticism that Biden actually can win the Democratic primary. Biden, who has yet to announce whether he will run, has reached out…

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