House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
Microsoft beat on top and bottom lines but Azure growth slowed.Technologyread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Stocks erased earlier losses, but the rise was kept in check as Wall Street digested a mixed batch of corporate earnings results.US Marketsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
The fact that interest rates are relatively low makes the idea of a so-called insurance rate cut later this month an attractive option for the Fed.Market Insiderread more
Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue...Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Business advocacy organizations sharply criticized the House of Representatives for passing a bill to raise the minimum wage to $15, saying it would be a costly job killer.Politicsread more
Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.Financeread more
Typhoon Haiyan "affected" a total of 9.5 million people across the Philippines—and displaced at least 600,000—when it slammed into the country on Friday, according to the UN's Office for the Coordination of Humanitarian Affairs.
Survivors were described as being in desperate need of clean drinking water and food on Monday.
"In some cases the devastation has been total," Secretary to the Cabinet Rene Almendras told a news conference.
Haiyan is estimated to have destroyed about 70 to 80 percent of structures in its path as it tore into the coastal provinces of Leyte and Samar.
Officials say that 10,000 may have died after the devastating typhoon that hit the Philippines. As survivors assess the damage, Joseph Curry, with Catholic relief services says that victims are in desperate need of help rebuilding their homes.
Brian Goldbeck, acting ambassador at the U.S. Embassy in Manila, issued a disaster declaration to provide an immediate $100,000 for relief efforts.
The organizations listed below are deploying urgent relief efforts on the islands. See how you can help:
The American Red Cross has launched a family tracing service among other aid operations. If you are unable to reach a family member in the Philippines, you can contact your local chapter of the American Red Cross to initiate a tracing case. Representatives added that it has deployed two people to assist with assessments in the Philippines. It asks those who want to support relief efforts to mail a check to their local American Red Cross chapter, with "Philippines Typhoons and Flood" in the memo line. Go to redcross.org for local chapter information or redcross.org.ph to donate directly to the Philippine Red Cross.
The Philippine Red Cross said it has mobilized teams on the ground to help with rescue and relief operations. Click the link to learn more.
UNICEF is taking donations to help provide children with shelter, clean water, nutrition and vaccines. Representatives said its staff in the Philippines is being repositioned to help in relief efforts and 66 tons of emergency supplies are being sent from Copenhagen. An airlift set to arrive on Tuesday will include water purification systems, storage equipment and sanitation supplies. Donations can be made to UNICEF at unicef.org/support.
World Food Programme (WFP), a United Nations organization, said it will send more than 40 tons of high energy biscuits and work with the Filipino government to help with logistics and emergency communications systems. Representatives said they have allocated $2 million for the disaster response and officials joined an assessment mission to survey damage in Leyte and Samar provinces. It asks for donations at www.wfpusa.org or by texting the word AID to 27722 to instantly donate $10.
The International Rescue Committee (IRC) has launched a $10 million appeal and sent an emergency team to Manila who have already started to work on the ground. For more information, visit www.rescue.org.
Save the Children is also mounting disaster relief efforts to help children and families in the region with emergency assistance.
Catholic Relief Services is accepting donations on its website as it begins moving supplies and staff to respond to the typhoon.
World Vision said it will provide food and water to those in evacuation shelters. Representative said it is putting together resources to assist 1.2 million people, including food, hygiene kits, emergency shelter and protection. It asked for one-time donations to be made at worldvision.org.
Habitat for Humanity plans to offer shelter repair kits for families who need to re-build their damaged houses.
Operation USA said it will allocate donations directly to relief and recovery efforts.
(Read more: Health crisis eruptsin Philippine city of Tacloban)
National Alliance for Filipino Concerns (NAFCON) has created a disaster relief fund for victims in the Philippines.
Mercy Corps is accepting donations on its website as emergency responders move food, water, shelter and other supplies to the region.
ChildFund International has been in the Philippines since 1954. The organization is distributing clean water, food and other household items to victims of the typhoon. It is in the process of setting up child-centered spaces in evacuation centers to provide counsel and relief to children and families affected by Super Typhoon Haiyan.
International Medical Corps deployed an emergency response team of medical personnel and sanitation experts to the Philippines to and is accepting donations through their website in order to ship medicine, clean water and food. They are also asking for $10 donations by texting MED to 80888. Infection control is a priority "to keep those already healthy, healthy," and "medical and social interventions are needed," to help those who have been injured and displaced," said Noel Miranda, leader of the Philippines team.
The Salvation Army is also asking for $10 donations by text. One hundred percent of money donated by sending TYPHOON to 80888 or through their website will be used to sort, ship and distribute donated goods.
Direct Relief has shipped 1.5 tons of medicine, nutritional supplements and first aid supplies to the Philippines and hope to ship more with the help of donations through their website. They have also partnered with Team Rubicon, a veterans' disaster response organization, who is helping Direct Relief drop off portable kits to displaced survivors.
Google has also launched a person finder.
—The Associated Press and Reuters contributed to this report.