The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
European Central Bank President Mario Draghi said on Monday that the euro zone's economy remained "fragile", unemployment was "still far too high" and reiterated that the euro zone's central bank would keep rates low.
Speaking at a German industry event in Berlin, Draghi said while euro zone economic growth of 0.3 percent in the second quarter was welcome, "the recovery is only in its infancy".
In July the ECB abandoned its tradition of never pre-committing on future moves by using so-called "forward guidance" to say it would keep its interest rates at current or lower levels for an extended period, a message Draghi reiterated on Monday.
"Given the overall subdued outlook for inflation extending into the medium term, the ECB's Governing Council expects the key ECB interest rates to remain at present or lower levels for an extended period of time," Draghi said.
He also said governments'consolidation efforts and the ECB's OMT (Outright Monetary Transactions) bond-buying program had helped bring about an improvement in markets.
"More generally, the risk of an extreme event in the euro area has fallen - and therefore the risk of an adverse impact on price stability."
Draghi also said that restarting lending to the private sector was a priority.
Follow us on Twitter: