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…

Indonesian airline Garuda is canceling its order for 49 Boeing 737 Max jets

Matt Mills McKnight | Reuters A Boeing 737 MAX sits outside the hangar during a media tour at the Boeing plant in Renton, Washington. Airline Garuda Indonesia said Friday it is requesting a cancellation to its current order for 49 Boeing 737 Max jets valued at $6 billion. Newswires Reuters and AFP both reported the…

The Fed is ‘not yet done’ with rate hikes, according to S&P Global Ratings

The latest decision to keep interest rates steady is "good news" for economies in the Asia Pacific region, Roache said. With slowing global trade growth, Asian and other emerging markets will need to rely on domestic demand, which requires investment, he added. "Investment typically means a wider current account deficit for these countries, and investment…

Cramer: Investors need a new playbook now that the Fed ended rate hikes this...

Amazon: Amazon is nearly invincible to growth, both domestically and globally, Cramer said. "It's got management that knows how to deal with the lower prices that may be needed to attract consumers who may not be doing as well as last year ... [and] it has Amazon Web Services," he said. Apple: Cramer said he…

As Brexit gets underway, Yale’s Stephen Roach says the ‘imperfect’ EU may not survive

Daniel Leal-Olivas | AFP | Getty Images Demonstrators holding EU and Union flags gather in front of the Houses of Parliament in Parliament Square following an anti Brexit, pro-European Union march in London on March 25, 2017, ahead of the British government's planned triggering of Article 50. As U.K. Prime Minister Theresa May presses on…

EU agrees to push back Brexit, but length of delay depends on British parliament

The European Union agreed to postpone the United Kingdom's exit from the bloc, but the length of the delay will depend on whether or not the British parliament accepts the previously negotiated withdrawal agreement. European Council President Donald Tusk said the bloc would grant an extension until May 22 if Prime Minister Theresa May is…

Read Elon Musk’s email urging Tesla employees to help with deliveries

As hype over the Model 3 in the U.S. dies down, and attention shifts to Tesla's forthcoming Model Y and semitruck, Wall Street is watching Tesla's sales numbers in Europe and China for hints at the company's potential to grow into a mainstream car-maker. Musk noted both regions in his email. "What has made this…

As Lyft kicks off IPO roadshow, investors still uncertain about profitability

Carlo Allegri | Reuters An investor walks out of the Lyft roadshow with documents in hand at a hotel in New York, New York, U.S., March 21, 2019. Lyft is in the process of courting investors, but potential buyers still question how and when the company will make money. The ride-hailing start-up is wrapping up…

Stocks making the biggest moves after hours: Nike, Cintas, GameStop and more

Check out the companies making headlines after the bell: Shares of Nike dropped more than 3 percent in extending trading Thursday following the release of the retailers better-than-expected third-quarter earnings results. Nike posted earnings per share of 68 cents, beating estimates of 65 cents, according to Refinitiv. Revenue came in-line with Wall Street's expectations at…

Apple’s stock is on a tear as it builds suspense for its upcoming event...

Stephanie Keith | Getty Images Tim Cook, CEO of Apple, laughs during a launch event unveiling new products at the Brooklyn Academy of Music on October 30, 2018 in the Brooklyn borough of New York City. Apple debuted a new MacBook Pro, Mac Mini and iPad Pro. Apple's stock is on a tear this week…

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