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Wednesday, August 21, 2019

Trump says Apple CEO Tim Cook is a ‘great executive because he calls’

Apple CEO Tim Cook with U.S. President Donald Trump during a meeting of the American Technology Council on June 19, 2017.Chip Somodevilla |...

‘I am the Chosen One,’ Trump proclaims as he defends China trade war

US President Donald Trump speaks to the press before boarding Air Force One in Morristown, New Jersey, on August 18, 2019.Nicholas Kamm |...

Architect report shows trade war hitting commercial real estate

Alistair Berg | Getty ImagesA key indicator for the commercial real estate market is showing signs of weakness, and uncertainty in the economy...

CBO expects deficit to grow more than projected, warns tariffs could harm growth

An aide puts her hand on a copy of Volume 1 of U.S. President Donald Trump's budget for Fiscal Year 2020 after it...

The number of 401(k) millionaires hits an all-time high

Despite recent market swings, some retirement savers are feeling pretty comfortable these days.The number of Fidelity 401(k) plans with a balance of $1...

Risk of a global recession is ‘high and rising’

A pedestrian passes in front of a statue of a bull in the Wall Street area in New York City.Doug Kantor | AFP...

Danish royal family surprised at Trump cancellation after Greenland no sale

A map detailing the agreed borders between the U.S., Russia, Canada and Greenland (Denmark) in the Artcic Ocean.CNBCPresident Donald Trump's decision to cancel...

Lowe’s reports Q2 2019 earnings

Lowe's reported second-quarter earnings that beat Wall Street's estimates, sending its share surging by more than 7% in premarket trading.Here's how the company...

Fed meeting minutes in focus ahead of G7 summit

U.S. government debt prices were lower Wednesday morning, as worries about a possible global recession wrestled with hopes for more monetary stimulus.U.S. Markets Overview:...

Dow futures move higher ahead of Fed minutes

U.S. stock index futures moved higher on Wednesday morning.At around 01:40 a.m. ET, Dow futures rose 63 points, indicating a positive open of more...
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Currency devaluations will not fix a country’s economic problems

Senior economists at the International Monetary Fund (IMF) have warned countries against relying too heavily on monetary policy easing, and argued that currencies...

Bond market signaling that Fed may be too slow to cut rates

Federal Reserve Chairman Jerome Powell reacts during a press conference in Washington D.C., the United States, on July 31, 2019.Liu Jie | Xinhua...