The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
CEOs from major U.S. corporations know they've "got to tell the story differently" about capitalism, said John Engler, the former president of the pro-business coalition.Marketsread more
Stocks could chop around and rack up more losses in the week ahead, as the next wave of corporate earnings reports shows just how much the strong dollar has crimped sales growth.
Traders will also be on high alert for signs of a more prolonged pullback after Friday's wipeout sent the Dow tumbling more than 250 points. The market sold off after reports early Friday that Chinese regulators would crackdown on margin lending while making it easier for investors to bet against the market there. European markets also led the decline as they traded nervously on worries about a default by Greece.
Earnings are expected from more than a quarter of the , including diverse names like IBM, United Technologies, Boeing, Coca-Cola, Facebook, Amazon.com, General Motors and Procter & Gamble. So far, earnings are beating at a 3-to-1 pace and profits are 6 percent above expectations, according to Thomson Reuters.