Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the stock market, Bernstein says.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Mursi, a top figure in the now-banned Muslim Brotherhood, had been in jail since being toppled by the military in 2013 after barely a year in power following mass protests...World Politicsread more
Department store operator J.C. Penney reported a better-than-expected quarterly revenue, helped by strong sales at it its Home, Sephora, Footwear and Handbags divisions.
Sales for the quarter rose 2.5 percent to $4 billion.
The company's quarterly same-store sales rose 4.1 percent, in line with expectations of analysts polled by research firm Consensus Metrix.
J.C. Penney said it expects 2016 comparable sales to increase 3 percent to 4 percent and adjusted earnings to be positive.
The company said in January that sales at stores open 12 months rose 3.9 percent in November and December, helped by strong online sales and its private brands.
This was in contrast to sales reports from rivals Macy's, Kohl's and Nordstrom, that said unseasonably warm weather in November and December hurt sales of cold weather goods in the holiday quarter.
J.C. Penney reported a loss of $131 million, or 43 cents per share, in the fourth quarter ended Jan. 30, compared with a loss of $35 million, or 11 cents per share, a year earlier.
Excluding items, the company earned 39 cents per share.
Analysts on an average had expected earnings of 23 cents per share on revenue of $3.99 billion, according to Thomson Reuters I/B/E/S.
Shares of the company rose 25.5 percent to $8.36 this year.
Follow CNBC International on and Facebook.