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
Stocks fell for a third straight day on Thursday as Wall Street digested a mixed batch of corporate earnings results.US Marketsread more
It's tempting to view Netflix as a possible replacement for the entire media ecosystem. But execs on its Q2 earnings call showed lower ambitions: It just wants to create the...Technologyread more
Hacker Square at Facebook's headquarters features large gray stripes that are an homage to an early event in the company's history that epitomized the company's spirit of move...Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
Jeffrey Epstein, a former friend of Presidents Donald Trump and Bill Clinton, had asked a judge to release him on a bond of as high as $100 million or more.Politicsread more
Netflix blames its content slate, regional price increases and a "pull-forward effect" of its strong Q1 growth for the miss.Technologyread more
Nancy Pelosi and 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 strengthening of the president's formidable campaign war chest has led his organization, along with the Republican National Committee, to raise over $100 million in the...2020 Electionsread more
Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.Marketsread more
The filing came a day after the judge in Michael Cohen's criminal case ordered their release, saying that the end of a probe into those payments to alleged sexual partners of...Politicsread more
U.S. stock futures were building on Wednesday's strong Fed minutes-inspired rally that erased November's losses. The S&P 500 joined the Nasdaq in the green for the year, while the Dow remained just 86 points shy of breakeven for 2015. (CNBC)
The minutes from the Fed's October meeting reinforced the message that interest rates could go up next month, signaling the economy was strong enough to handle a move. But policymakers did leave themselves some wiggle room for delay. (CNBC)
Cleveland Fed President Loretta Mester joins CNBC's "Squawk Box " at 8:30 a.m. ET. Atlanta Fed President Dennis Lockhart speaks Georgia at 12:30 p.m. ET, and Fed Vice Chairman Stanley Fischer speaks at 4:45 p.m. ET in San Francisco
Dow stock UnitedHealth (UNH) cut its full-year profit forecast due to continued pressure on its Obamacare plans for individuals, saying it's evaluating to what extent it can continue to offer these plans in 2017. (Reuters)
Mobile payments firm Square (SQ), run by Jack Dorsey who's also Twitter's CEO, begins trading today, after pricing its IPO at $9 per share. That was below the expected range, and lower than the most recent round of private financing. (CNBC)
Match (MTCH) begins trading today, after the dating website operator's IPO priced at $12 per share, at the low end of the expected range. Match is the operator of Tinder, Match.com, and OkCupid. (Reuters)
In an SEC filing, Match distanced itself from interview comments made by Tinder CEO Sean Rad, who talked about at what age he lost his virginity and how many women he's slept with. (Re/code)
Yahoo (YHOO) is being pressured by activist investor Starboard Value to halt its planned spinoff of its Alibaba (BABA) stake. Yahoo is being urged instead to sell its Internet business. (WSJ)
Pfizer (PFE) is accelerating talks to buy Allergan (AGN), in a $150 billion deal to redomicile the U.S. drug giant in Ireland, as the U.S. Treasury prepared to clamp down further on such tax inversion mergers. (Reuters)
A tentative four-year labor deal between Ford (F) and the UAW . Meanwhile, the union may ratify as soon as tomorrow its contract with General Motors (GM). (Reuters & Detroit Free Press)
Volkswagen is expected tomorrow due to emissions-cheating the fallout. Meanwhile, VW also faces a key Friday deadline with U.S. regulators concerning the scandal. (NYT)
In addition to today's Fed speakers, investors get a few economic reports to consider: Weekly filings for first-time jobless claims at 8:30 a.m. ET; this month's Philadelphia Fed index at 10 a.m. ET; and the index of leading economic indicators for November at 10 a.m. ET.
Best Buy (BBY) and J.M. Smucker (SJM) lead this morning's list of corporate earnings, with Autodesk (ADSK), Gap (GPS), Intuit (INTU), Ross Stores (ROST), Williams-Sonoma (WSM), and Workday (WDAY) set to release numbers after the closing bell.
Keurig Green Mountain (GMCR) surged nearly 20 percent in premarket trading, after earnings exceeded estimates by a wide margin. Revenue also beat. Sales did slow, but not as much as many analysts had expected.
Salesforce.com (CRM) beat estimates on earnings and revenue. The cloud computing services and software provider also gave an upbeat outlook for this year and next year.
L Brands (LB) beat on earnings and matched on revenues. The parent of Victoria's Secret and Bath & Body Works raised full-year guidance, but the current quarter outlook was below forecasts.
Raytheon (RTN) increased its share buyback program by $2 billion. The defense contractor will buy back shares "from time to time" at the company's discretion depending on market conditions.
In a show of confidence, Elon Musk's SolarCity is expected to announce today that it's raised $113 million in a new investment led by the clean-energy arm of Silver Lake.
SunEdison (SUNE) is under pressure on reports that Blackstone (BX) has no plans to invest in the solar company, contrary to earlier reports that it was considering such an investment.
Progress on pay equality between the sexes is stalling, according to the World Economic Forum, and it could take another 118-years to eliminate the gender gap on wages. (CNBC)