The U.S. federal budget deficit rose in fiscal year 2018 as spending climbed, the Trump administration said Monday. The deficit jumped to $779 billion, $113 billion higher than the previous fiscal period,...
A 73-year-old bottle of French Burgundy became the most expensive bottle of wine ever sold at auction, fetching $558,000. The bottle of 1945 Romanee-Conti sold at Sotheby's for more than 17 times its original...
The Trump administration is considering using West Coast military bases or other federal properties as transit points for shipments of U.S. coal and natural gas to Asia as officials seek to bolster the domestic...
Sears got its start as a watch seller more than 130 years ago and grew to become one of the world's largest retailers. But the company has struggled in recent years and on Monday filed for Chapter 11 bankruptcy....
Sears filed for Chapter 11 bankruptcy protection Monday, with plans to shutter 142 unprofitable stores in the hopes that it can stay in business. The question now is whether a smaller version of the company...
Sears Holdings plans to file for bankruptcy protection after midnight in the East Coast, culminating the collapse of what was once America's largest retailer, people familiar with the situation tell CNBC. As...
President Donald Trump's ties to Saudi Arabia run long and deep, and he's often boasted about his business ties with the kingdom. "I love the Saudis," Trump said when announcing his presidential run at Trump...
With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world's...
An April Fool's joke may become a reality for billionaire entrepreneur Elon Musk. Tesla's CEO teased a Tesla-branded tequila earlier this year as part of a ruse on social media. On Monday, the company...
Over $6 billion was wiped off global cryptocurrency markets in a day, led by XRP and ethereum as prices of digital coins continued to fall. The entire market capitalization or value of cryptocurrencies had...
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