With two trading days left in September, stocks are testing this year's lows, and Goldman Sachs (GS) is cutting its year-end forecast for the S&P by 5 percent to 2,000, citing slower economic growth in the U.S. and China, and the fall in oil prices. (CNBC)
Billionaire investor Carl Icahn said, in a new self-produced video called "Danger Ahead," he thinks stocks could go down "a lot more" as the market comes to grips with bubbles exacerbated by the Fed's zero interest rate policy. (CNBC)
Cheniere Energy (LNG) saw in the natural gas producer to 11.43 percent from the prior 9.59 percent, according to an SEC filing. (Reuters)
Experts are beginning to warn of the dire financial impact if Glencore, one of the world's largest resource companies, is unable to control its skyrocketing debt load. Shares bounced today in London, after getting slammed Monday. (CNBC)
Shares of Valeant (VRX) lost nearly 17 percent Monday, the GOP chairman of the House Oversight Committee to force the company to turn over documents tied to triple-digit percentage increases in two heart drugs. (Reuters)
In her first testimony to Congress since a series of sting videos, the president of Planned Parenthood is set to answer questions on Capitol Hill today, as conservatives try to find ways to defund the group. (Politico)
Lawmakers are looking to President Barack Obama to avoid a government shutdown over Planned Parenthood funding when the new fiscal year begins Thursday. (Reuters)
House Majority Leader Kevin McCarthy, who declared his candidacy to succeed House Speaker John Boehner, vowed to avoid another shutdown threat in December when the temporary funding ends and the debt ceiling needs to be raised. (CNBC)
President Barack Obama plans to hold talks at the UN today, with Cuban leader Raul Castro for the second time this year. Obama met Monday with Russian President Vladimir Putin to talk about differences over Syria. (AP & NBC News)
San Francisco Fed President John Williams is renewing his call for an interest rate hike "sometime later this year," citing near-full employment and rapidly rising house prices as possible signs of excessive economic optimism.
The July Case-Shiller read on home prices is out at 9 a.m. ET, with economists looking for a 5.1 percent increase compared to a year earlier, after a June rise of 5 percent.
The Conference Board's consumer confidence index, released at 10 a.m. ET, is expected to come in at 96.5 for September, down from the 101.5 reading for August.
There are no prominent earnings reports due out this morning, but investors get the latest results from Costco (COST) after the bell this afternoon.
Google (GOOGL) is expected to unveil two new Nexus smartphones, its new mobile operating system, and the next generation of its Chromecast streaming device at an event in San Francisco today.
Yahoo (YHOO) plans to move ahead with the spinoff of its Alibaba (BABA) stake, even though the IRS has declined to rule whether it would be tax free. Yahoo expects to complete the move during the fourth quarter.
Microsoft (MSFT) has announced a change in its financial reporting, breaking out results differently to reflect the increasing significance of its mobile and cloud businesses.
A new cold-drink machine by Keurig Green Mountain (GMCR), launching today, will drive long-term growth, following recent sales declines in its core business of single-serve coffee pods and brewers, the CEO said.
Reynolds American (RAI) announced a $5 billion deal to sell assets to Japan Tobacco. The assets include trademarks for the Natural American Spirit cigarette brand outside the U.S.
Pepco Holdings (POM) and Exelon (EXC) have asked the District of Columbia to reconsider its prior rejection of their planned merger. The two sides are currently in discussions about a settlement of the disagreement.
A tap dancer, a writer, and a sociologist were among 24 winners of this year's "genius grants" of $625,000 over five years. They can spend to money any way they want, no strings attached. (AP)