These are the stocks posting the largest moves before the bell.Market Insiderread more
Oil fell on Tuesday after surging the most on record following attacks on Saudi's oil industry that disrupted the kingdom's production.Marketsread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
Retailers could be in for a jolly jump in holiday sales despite headwinds like the U.S.-China trade war and threat of another economic slowdown.Retailread more
After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday.Technologyread more
NBCUniversal's new streaming service will be named "Peacock," the company announced Tuesday.Business Newsread more
Apple isn't trying to blow our minds with groundbreaking new features on the iPhone 11, but is making lots of little improvements each year, this year focusing on cameras and...Technologyread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
In recent months, the FTC and DOJ have launched sweeping investigations into potential anti-competitive behavior among the tech giants. But lawmakers worry those efforts are...Technologyread more
The nomination follows months of political infighting over the choice of her versus former Treasury Secretary Larry Summers.
Yellen's nomination is already encountering stiff opposition. On Tuesday the Senate's number two Republican, John Cornyn, expressed concerns about her.
Obama spent much of his address celebrating Bernanke's work as chairman.
"He has truly been a stabilizing force, not just for our country but for the entire world," the president said.
Following Obama's remarks, Yellen said she was "honored and humbled" by the nomination.
"The past six years have been tumultuous for the economy and challenging for many Americans," she said, adding "We have made progress. The economy is stronger and the financial system sounder."
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