Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
A man suspected of torching Kyoto Animation reportedly doused the studio's entrance with what appeared to be petrol and set it ablaze on Thursday.Asia Newsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
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
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
Investors will be sifting through a batch of data and the Fed's beige book on the economy Wednesday for any indications of whether the economy could be growing stronger than forecast.
There is the ADP report on private payrolls, expected to show slightly more than 220,000 payrolls, and the ISM nonmanufacturing survey, which includes an update on hiring in the services sector. Productivity and costs, for third quarter, are also reported. But the big story might be in the beige book, released at 2 p.m.
"Unless ADP is a huge outlier in either direction, it should really not drive the market. The beige book has potential especially after you heard the rhetoric from (Fed Vice Chairman Stanley) Fischer and (New York Fed President William) Dudley," said George Goncalves, head of rate strategy at Nomura. "They sounded upbeat. They believe their forecasts, and I'm sure they're getting input from the regions. They must feel confident that there's underlying strength in the economy and the beige book should reflect that."