The Trump administration on Monday downplayed a Mexican concern about a key piece of the North American trade deal the House aims to approve this week. U.S. Trade Representative Robert Lighthizer said language in the United States-Mexico-Canada Agreement, which the three countries signed last week, does not call for American “labor inspectors” in Mexico. “These personnel will not be ‘labor inspectors’ and will abide by all relevant Mexican laws,” the agency continued. The White House aims to eas

Former White House National Security Advisor Michael Flynn leaves the Prettyman Federal Courthouse following a sentencing hearing in U.S. District Court December 18, 2018 in Washington, DC. Flynn resigned in February 2017 after allegedly misleading Vice President Mike Pence about what he and the Russian diplomat talked about. Flynn had told Pence he had not discussed U.S. sanctions against Russia, which led Pence to defend him in television interviews. But that sentencing was cut short after Sul

Former Vice President Joe Biden notched another endorsement Monday from an Obama administration Cabinet official. Former Treasury Secretary Jack Lew backed Biden, one of the top contenders for the 2020 Democratic presidential nomination. Lew was Treasury secretary during President Barack Obama’s second term. “Candidly, he has the experience and the ability to make Donald Trump a one-term president,” Lew, who is now a partner at private equity firm Lindsay Goldberg, said of Biden on CNBC’s “Closi

L to R: Greg Owens, Sherrill Manufacturing CEO, Rep. Anthony Brindisi and Matthew Roberts, Sherrill Manufacturing president, at a press conference, in Sherrill, NY on Monday, December 16, 2019. Sherrill Manufacturing has been stamping forks, spoons and knives in the old red brick factories here for more than a decade, even as competition fled overseas. Flatware from Sherrill Manufacturing in upstate New York. A worker at Sherrill Manufacturing plant in upstate New York. “I would argue that it is

A bag of Tyson Foods Inc. frozen chicken is arranged for a photograph in Tiskilwa, Illinois, U.S., on Thursday, May 5, 2016. Shares of Tyson Foods rose more than 2% on Monday after Reuters reported the meat processor received approval to sell U.S. poultry products to China. The approval came after the U.S. and China reached a phase one trade deal last week that includes more buying of farm goods from China. The final step is to get approval for labels from U.S. authorities before the end of 2019

An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh, Pennsylvania. PNC and Venmo are bickering over customers’ access to third parties, highlighting the sometimes murky area of connecting finance apps to bank accounts. In response, Venmo suggested that affected users should tweet PNC to “let me use the financial service apps I need!” The disagreement underlines what can be a divisive topic of who owns consumers’ financial data — the banks or the

Paul Hickey: The 2010s ranks as fourth best decade for US equitiesPaul Hickey, co-founder of Bespoke Investment Group, joins CNBC’s “Closing Bell” to break down the numbers on markets over the past decade.

Boeing to suspend 737 Max production: SourcesBoeing will be halting 737 Max production starting in January 2020, according to sources. CNBC’s Phil LeBeau reports.

Coffee futures jumped on Monday as a supply shortage in the largest producer drove up the prices. Coffee futures climbed nearly 7% Monday to $1.3895 a pound, the biggest one-day surge since 2015. Brazil, the largest producer, is producing less coffee. The consumption seems to be very healthy and that created a bit anxiety in the market,” Costa said. Jeff Kilburg, CEO of KKM Financial, said “there’s a panic” in the coffee futures market.

CNBC’s Jim Cramer on Monday recommended buying the newly-minted cloud stock Bill.com if it dips a few dollars. The stock price has the potential to go higher than its $36.38 Monday close, but he thinks investors should be patient to start a position at lower levels. Cramer said he likes Bill.com’s underlying fundamentals. The company posted $108.4 million in revenue in the 2019 fiscal year, up 67% from the year prior. While it’s not profitable, it’s making progress toward that goal after losing

Saut, however, reassures them it’s not yet time for the secular bull market to end. “Secular bull markets tend to run 15 to 20 years. “The 1949-1966 secular bull market had a 30% decline when you had the Jack Kennedy steel crisis in 1962. The 1982-2000 secular bull market had the 1987 crash, but the bull market went on for another 13 years, so I think we’ve got years left on the upside.” The Small Caps have actually done pretty well since then, and it’s not just the U.S. Small Caps.

Investors who are formulating their 2020 strategies need to be cautious in case Sen. Elizabeth Warren ends up winning the presidential election, CNBC’s Jim Cramer said Monday. But Warren, he said, “is a wild card … and, honestly, it’s not even about her.” Cramer previously said financial CEOs have told him “she’s got to be stopped” and he recounted many of the fears again Monday. South Bend, Indiana, Mayor Buttigieg, who is in fourth place nationally, recently surpassed Warren in polls in the

Check out the companies making headlines after hours on Monday:Boeing — Stock of the aviation giant fell 2.99% in after-hours trading. Roku — Shares of the streaming platform company dropped 4% in extended trading after Roku announced that Chief Financial Officer Steve Louden would be leaving his role. Roku shares are up 352% since the beginning of the year, with a market cap of $16.3 billion. Avon Products — Shares of the beauty products company were up nearly 3% in after-hours trading. Wyndham

CNBC’s Jim Cramer on Monday said the verbal agreement United States trade negotiators struck with China breathed new hope into Wall Street. “The trade deal mattered. I know the Chinese government has a history of reneging on all sorts of agreements, but somehow this one feels different,” the “Mad Money” host said. The two countries last week announced that they had reached a “phase one” trade deal in principle, about 18 months after the start of the trade war. “Unlike grains or soy, the United S

People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it’s IPO at the Nasdaq Marketsite in New York, September 28, 2017. Roku’s stock fell 4% in extended hours trading after the company announced its chief financial officer Steve Louden would be stepping down. The company said Louden would leave the company after helping hire his successor. Louden joined Roku in 2015. Roku shares are up 352% since the beginning of the year, with a market cap of

Brendan McDermid | ReutersMore individual stocks are hitting new highs, and that often bodes well for further market gains. According to Sentiment Trader, just about a year ago about 40% of stocks listed on the NYSE and Nasdaq hit new 52-week lows. Last week, as key market indices continued to hit new highs, a net 7% of NYSE and Nasdaq stocks made new 52-week highs, the most in six months. If that’s making new highs, that’s the kind of broad-based internal breadth that signals a continuing trend

NBCUniversal CEO Steve Burke plans to pursue personal interests rather than taking a job at a rival large media company when he steps down from his chairman position at NBC in August, according to people familiar with the matter. He isn’t interested in doing anything related to media, even with Disney CEO Bob Iger planning to retire in 2021, the people said. Burke and Comcast CEO Brian Roberts have eyed Shell to take over as NBC’s CEO for years, the people said. Burke joined Comcast in 1998 and

“This is a bittersweet note of thanks to our California independent contractors,” John Ness, executive director of SB Nation, wrote in a post on Monday. “In 2020, we will move California’s team blogs from our established system with hundreds of contractors to a new one run by a team of new SB Nation employees.” In a separate memo seen by CNBC, Ness said that California contractors can apply for a full-time or part-time position in California. The announcement follows the September passage of Ass

The chicken sandwich wars have infiltrated the “help wanted” section. Popeyes Louisiana Kitchen said it ran classified ads on Sunday in The New York Times, New York Post, Boston Globe and Miami Herald seeking applicants who can work Sundays and who have experience preparing chicken sandwiches. The contact on the classified ads is “SundayOpenings@Popeyes.com.” Popeyes, owned by Restaurant Brands International, introduced a chicken sandwich to its national menu in August, prompting comparisons to

Tesla is putting up more tents in Fremont, Calif. This time they’re “canopy covers” over their solar test structures, according to newly issued building permits reviewed by CNBC. Tesla started taking orders for version 3 of its solar roof tiles, now known as the Solarglass Roof, in October, with CEO Elon Musk saying at the time that some installations were already underway. Placing canopies over the solar test structures in Fremont should help Tesla evade prying eyes and conduct its research and