As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and also apply those discounts to private health plans.Health and Scienceread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district.Retailread more
Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for...Delivering Alpharead more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
The PSA features kids in what initially appears to be a cheerful spot. But it becomes darker as children show how their "back to school" products help in the context of a...Politicsread more
The formats will be available for Facebook's News Feed.Technologyread more
While low interest rates are the "best thing we have going for us," the U.S. central bank isn't making all the best moves, the republican presidential front-runner told Fortune. While Yellen's performance is "serviceable," Trump said if elected, he would support proposals that give Congress power to audit the Fed.
Trump's comments come as the presidential field narrows ahead of November elections, while the central bank mulls a potential interest rate hike by the end of the year. Trump has historically been critical of Yellen, accusing her of being beholden to President Barack Obama and calling her "highly political" at a November news conference.
Trump homed in on the billions of debt on the government's balance sheet, which may or may not be affected by modest hikes in the U.S. interest rates, according to Fortune. While low interest rates punish savers, Trump said, he favors the prospect of refinancing the national debt at lower rates.
— CNBC's Kerima Greene contributed to this report.