U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japan's Kokusai Electric for $2.2 billion in cash from investment firm KKR & Co Inc , as it bets on rising demand for memory chips.
U.S. stock index futures rose sharply on Monday, with chipmakers making handsome gains, as trade tensions between the United States and China eased after both sides agreed to restart talks.
With the student loan crisis gaining ground as a key issue in the 2020 presidential race, a new CNBC and Acorns survey has found that a majority of Americans believe the value of a college education is tied to whether they have to go into debt to pay for it.
A third of Americans are spending less, according to the CNBC/Acorns Invest in You Spending Survey released on Monday. The reasons they cite include fear of a job loss, high medical bills and fear of a recession.
A new CNBC and Acorns survey shows that men spend more on impulse buys than women, breaking old stereotypes. Experts give tips on how to break the habit by leaving your credit card behind and being mindful of retail tricks.
Iraqi Prime Minister Adel Abdul Mahdi and Saudi Arabia's King Salman discussed coordination over stabilizing oil prices in a phone call on Monday, Abdul Mahdi's office said.
The S&P 500 hit a record high on Monday, as investors piled into riskier assets after the United States and China agreed to restart trade talks.
Russian Energy Minister Alexander Novak said after meeting his Iranian counterpart Bijan Zanganeh in Vienna on Monday that Moscow was interested in Iran remaining an equal player in the global energy market, according to a statement released by the Russian energy ministry.
An arbitration tribunal has ruled that Coca-Cola Co can sell its energy drink globally under the terms of the contract with Monster Beverage Corp , the two companies said on Monday, months after the launch of the product in Europe.
Russia reduced oil production in June by more than the amount agreed in a global deal to cut output, the energy minister and industry sources said on Monday, as the sector still felt the impact of a contaminated crude crisis that crippled exports.
OPEC Secretary-General Mohammad Barkindo said on Monday he is confident that OPEC+ members will succeed in balancing oil production to guarantee market stability, Kuwait state news agency (KUNA) quoted him as saying.
Trade negotiations between China and the United States at a G20 meeting over the weekend went better than expected and provide a positive roadmap for further talks, People's Bank of China Governor Yi Gang said on Monday.
A truce in the U.S.-China trade war has sparked a relief rally across risk assets, but these stocks are really cheering.
A ceasefire in the U.S.-China trade war is doing little to relieve pressure on the Federal Reserve to stimulate the economy.
Global stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, leading investors to bet that a breakthrough between the world's two largest economies would jumpstart global economic growth.