CEO of Twitter, Jack Patrick Dorsey, speaks during an exclusive interview with Hindustan Times at Twitter India office, at the Crescent, on November 14, 2018 in New Delhi, India. Twitter CEO Jack Dorsey announced Tuesday the company is funding a new research team that will develop an “open and decentralized standard for social media,” in part to address some of the current problems with the platform. The idealistic long-term vision is to make disparate social media networks more like email, so t

U.S. Attorney for the Eastern District of New York Richard Donoghue, speaks during a news conference in his office, in the Brooklyn borough of New York, Tuesday, July 16, 2019. Richard Drew | APProsecutors in Brooklyn, New York, said in November that a Lithuanian man and an unknown co-conspirator emptied the brokerage accounts of hapless victims, stealing hundreds of thousands of dollars. From that trusted email, the scammer can send an urgent message that a payment needs to go to a new account.

CNBC’s Jim Cramer has made a u-turn on Tesla from an “agnostic skeptic” to an “outright bull” on the stock. The “Mad Money” host on Wednesday exclaimed “I’m a true believer in Tesla,” breaking down his metamorphosis on the electric-car company he classifies as a “battleground stock.” Cult-like followings, complicated financials and charismatic leaders make up three main characteristics of a battleground stock, Cramer said. Cramer became a Tesla supporter with the help of lobbying by his wife, Li

Democratic presidential candidate Mike Bloomberg on Monday released a new proposal that would give a boost to lower-income workers by increasing tax credits for earned income and child care. The plan says he would seek to pay the earned income tax credit monthly, not annually. “Mike will reform the EITC (Earned Income Tax Credit) to make it much more generous, especially for single childless workers,” his plan says. At the moment, the Internal Revenue Service says that the maximum earned income

Former Trump attorney Michael Cohen departs after testifying behind closed doors before the Senate Intelligence Committee on Capitol Hill in Washington, February 26, 2019. The court filing contains a Nov. 26 email from one of Cohen’s lawyers, Roger Adler, to federal prosecutors in Manhattan noting their refusal to meet with Cohen. Adler, in another email to federal prosecutors last week, cited a New York Times article a day earlier. A spokesman for Manhattan federal prosecutors declined to comme

Fiat Chrysler was the last of the three carmakers to close its contract with the union. The talks were also marked by a lawsuit GM lobbed at Fiat Chrysler over alleged corrupt bargaining practices as well as the planned merger between Fiat Chrysler and French automaker PSA Group. That’s for sure,” said Colin Lightbody, a labor consultant and longtime negotiator for Fiat Chrysler. GM workers went on strike, and the company closed three plants. The union on Wednesday said 71% of its members with F

Only a few days are left for the U.S. to decide whether to slap more tariffs on Chinese imports, and White House trade advisor Peter Navarro is weighing in — under the pseudonym “Ron Vara,” according to a memo he penned that CNBC obtained Wednesday. Navarro confirmed to The New York Times that he wrote the memo, which is circulating around Washington. In the memo, sent from an email belonging to Ron Vara — an anagram of Navarro — President Donald Trump’s trade advisor considers the “Keep Tariffs

REITs will continue to see good performance, JLL saysRegina Lim of JLL says she foresees more initial public offerings for Singapore and Indian REITs. She also says, in the last 12 months, Singapore REITs have made “very nice strategic acquisitions” that will allow them to deepen their exposure in new markets.

Powell: Inflation and slack in economy have weak correlationThe Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation. Federal Reserve Chairman Jerome Powell answers questions following the decision to hold rates.

Powell: Expect job market to remain strongThe Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation. Federal Reserve Chairman Jerome Powell answers questions following the decision to hold rates.

Powell: Economic outlook remains ‘favorable’ despite risksThe Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation. Federal Reserve Chairman Jerome Powell holds a press conference following the decision to hold rates.

Powell: Low productivity likely holding back wage gainsThe Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation. Federal Reserve Chairman Jerome Powell answers questions following the decision to hold rates.

Fed hurdle for tightening exceedingly high: Fmr PIMCO chief economistFederal Reserve Chairman Jerome Powell just held a press conference following the decision to hold rates. Paul McCulley, former PIMCO chief economist; Michelle Meyer of Bank of America; and Josh Brown, CEO of Ritholtz Wealth Management join CNBC’s “Closing Bell” team to break down Powell’s presser and the Fed’s monetary policy decisions.

U.S. software firm Salesforce is predicted to be the best company to work for in France in 2020, according to rankings by global jobs site Glassdoor. The analysis was based on reviews from companies with more than 1,000 employees, with at least 20 current and former workers rating their employer across eight attributes. In fourth place, German software firm SAP was the only other company not headquartered in France to make the top 10. In fact, in the wider rankings, companies headquartered in Fr

Automaker Porsche has been named the best employer in Germany for 2020, in a new analysis. The luxury vehicle manufacturer was ranked as the number one firm to work for in the country in a report published Wednesday by global jobs site Glassdoor. Infineon employees told Glassdoor they were happy with their pay, flexible working hours and being given autonomy over their work schedules. Engineering firm Bosch was named Germany’s third-best employer, with workers satisfied with career development o

SALFORD, ENGLAND – NOVEMBER 19: In this handout image supplied by ITV, Prime Minister Boris Johnson and Leader of the Labour Party Jeremy Corbyn shake hands during the ITV Leaders Debate at Media Centre on November 19, 2019 in Salford, England. More than a fifth (22%) said they would vote to keep the right-leaning Conservative Party in power, while 15% said they planned to support centrist party the Liberal Democrats. University feesThe biggest shake-up for student finances would come from Jerem

Johnson’s center-right Conservative government holds a commanding lead in the latest opinion polls, with just one day to go before the election. CNBC takes a look at all you need to know about Britain’s voting system. British Prime Minister and Conservative leader Boris Johnson arrives to speak at a general election campaign rally on December 9, 2019 in Quedgeley, near Gloucester, England. The U.K will go to the polls in a general election on December 12. If, as in 2017, the election produces an

The pound could rally to 1.40 against the dollar: Standard CharteredEric Robertsen of Standard Chartered Bank says fiscal stimulus will be “extremely positive” for the British pound. He says he expects the U.K. to pursue a fiscal program over the next 18 months.

UK stocks indicate ‘high potential’ for a hung parliament: Daryl GuppyThe U.K. stock market is still stuck “sideways,” and that suggests there may not be a clear resolution from the elections, says Daryl Guppy of Guppytraders.com. He also says the Indian stock market may see a correction.

‘Disturbing’ that every Brexit scenario is still possible: CEO”Agony” will continue if the U.K. election leads to a hung parliament, says Nicolas Mackel of Luxembourg for Finance.