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But Detroit is making a big-time bid, hoping that Amazon can help to revitalize the rust belt city. The bid is being led by?Dan Gilbert, the Detroit billionaire?who owns the Cleveland Cavaliers and founded Quicken Loans and Rock Ventures,?has established a 59-person committee?made up of business leaders and politicians, including the mayor of nearby Windsor, Ontario.

But he also said that the list does reflect the rise of privately-owned companies such as Alibaba and, by extension, the power of the market in the wake of China's economic transformation.

But official accounts can also make money through advertisements.

But on Monday, Treasury Secretary Steven Mnuchin told CNBC there are areas of the economy that still need support and that fear over adding to the national debt shouldn't prevent Congress from passing another stimulus bill.

But consumers paid more for rent and healthcare. Owners' equivalent rent of primary residence, which is what a homeowner would pay to rent or receive from renting a home, increased 0.3 percent last month after rising by the same margin in March.