CNBC Business

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on

President Donald Trump’s childhood home up for auction

CNBCSeptember 18, 2019September 18, 2019

President Donald Trump’s childhood home is back on the auction block. Earlier this year, the Queens, New York home failed to sell for $2.9 million,

Fed cuts rate on bank reserves amid repo turmoil

CNBCSeptember 18, 2019September 18, 2019

Federal Reserve officials responded to this week’s tumult in the short-term borrowing markets by sharply cutting the rate it pays on bank reserves. The interest

Twitter exec says autocrats can have accounts if they follow its rules

CNBCSeptember 18, 2019September 18, 2019

Nick Pickles, public policy director for Twitter speaks during a full committee hearing on “Mass Violence, Extremism, and Digital Responsibility” on September 18, 2019 in

‘The Princess Bride’ remake rumors spur social media outrage

CNBCSeptember 18, 2019September 18, 2019

Cary Elwes and Robin Wright star in “The Princess Bride.” 20th Century Fox Fans of “The Princess Bride” are screaming “inconceivable!” after the CEO of

Here’s how high bonds could rise as Fed prepares to cut rates

CNBCSeptember 18, 2019September 18, 2019

Bonds are getting a bid again on Wednesday ahead of the Federal Reserve’s decision in the afternoon. The central bank is expected to cut rates

Fed should not cut interest rates Wednesday

CNBCSeptember 18, 2019September 18, 2019

Another Federal Reserve interest rate cut could send the wrong message across the world, billionaire and longtime GOP supporter Ken Langone told CNBC on Wednesday.

Pete Buttigieg met with Black Lives Matter after Eric Logan shooting

CNBCSeptember 18, 2019September 18, 2019

by CNBCSeptember 18, 2019September 18, 201904

Democratic presidential hopeful Mayor of South Bend, Indiana, Pete Buttigieg speaks during the third Democratic primary debate of the 2020 presidential campaign season hosted by

Trump names State Dept official Robert O’Brien as national security advisor, replacing John Bolton

CNBCSeptember 18, 2019September 18, 2019

STOCKHOLM, SWEDEN – AUGUST 02: Robert C. OBrien, special envoy sent by Donald Trump, returns to the courthouse after the lunch break on the third

Credit card start-up Petal raises $300 million debt round from Jefferies

CNBCSeptember 18, 2019September 18, 2019

Credit card start-up Petal just completed a new financing round. The New York City-based company announced a $300 million debt round from Jefferies on Tuesday,

5 things to know before the stock market opens September 18, 2019

CNBCSeptember 18, 2019September 18, 2019

1. Dow set to open lower ahead of expected Fed rate cut Traders work before the closing bell at the New York Stock Exchange (NYSE)

Apple Watch Series 5 review

CNBCSeptember 18, 2019September 18, 2019

by CNBCSeptember 18, 2019September 18, 201904

The Apple Watch Series 5 has a nice bright display when it’s on. Todd Haselton | CNBC The Apple Watch is an increasingly important product

US citizens warned over traveling to Saudi Arabia

CNBCSeptember 18, 2019September 18, 2019

by CNBCSeptember 18, 2019September 18, 201904

Secretary of State Mike Pompeo speaks during a media briefing at the State Department June 10, 2019 in Washington, DC. Alex Wong | Getty Images

Iran’s Rouhani blames US, Saudi for conflict in region

CNBCSeptember 18, 2019September 18, 2019

by CNBCSeptember 18, 2019September 18, 201903

Iranian President Hassan Rouhani makes a speech during a ceremony in Tehran, Iran on January 10, 2019. Anadolu Agency | Anadolu Agency | Getty Images

Canada provides the world’s most welcoming workplaces, Kantar claims

CNBCSeptember 18, 2019September 18, 2019

Canadian workplaces are the most welcoming in the world, a new study has claimed. Research firm Kantar says it arrived at that conclusion after it

Iran is ‘almost daring Donald Trump to respond’

CNBCSeptember 18, 2019September 18, 2019

by CNBCSeptember 18, 2019September 18, 201905

U.S. President Donald Trump standing next to Mohammed bin Salman, Crown Prince of Saudi Arabia, during a group picture at the start of the Group

Huawei to invest $1.5 billion in developer program, outlines computing plan

CNBCSeptember 18, 2019September 18, 2019

A Huawei logo on display at MWC Shanghai in June 2019. Arjun Kharpal | CNBC Huawei said Wednesday it will invest $1.5 billion in its

Capital One launches two new cobranded Walmart credit cards

CNBCSeptember 18, 2019September 18, 2019

Capital One and Walmart announced on Wednesday, Sept. 18, the joint Capital One® Walmart Rewards Credit Card Program, which includes two new credit cards: The

Fintech firm posts third year of profit

CNBCSeptember 18, 2019September 18, 2019

TransferWise co-founders Taavet Hinrikus and Kristo Kaarmann. TransferWise Financial technology firm TransferWise booked a profit for the third year in a row, a rare show