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The stock market has long been the mistress in the marriage between the Federal Reserve and the economy.
Three more senior executives at SAC Capital Advisors have received subpoenas to testify, according to a report.
Macy's, Target and other retailers are suing credit-card companies over fees, ditching a settlement reached last year.
Supplies are at levels not seen since the frenzy of the last housing boom.
CNBC's Sharon Epperson discusses the day's activity in the commodities markets. The hurricane forecast is for 7 to 11 hurricanes this season, which could be bullish for the energy markets. Nat gas was up on the day because storage levels rose less than expected.
As soon as yields hit 1 percent on the 10-year in Japan, there was massive covering in the yen, explains David Lutz, Stifel Nicolaus.
President Obama is giving a speech on counterterrorism in Washington, specifically addressing the use of drones, with CNBC's John Harwood.
