U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
U.S. stock index futures pointed to a narrowly higher open Tuesday, as traders eyed data for hints on whether the Federal Reserve will hike interest rates in June.
Personal spending increased 1 percent in April, the biggest gain in more than six years. Personal income rose 0.4 percent.
The personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, rose 0.2 percent last month after edging up 0.1 percent increase in March. In the 12 months through April the core PCE rose 1.6 percent after a similar increase in March.
The S&P/Case Shiller composite index of 20 metropolitan areas rose 5.4 percent year-over-year in March, matching the increase the month before and beating the 5.2 percent estimate from a Reuters poll of economists.
Treasury yields edged higher, while the U.S. dollar index held mildly higher. The euro was near $1.116 and the yen around 111.2 yen against the greenback as of 9:02 a.m. ET.
The Chicago purchasing managers' index (PMI) for May and consumer confidence for May are due later in the morning.
These reports come ahead of the all-important non-farm payrolls report on Friday, at the end of a shortened trading week on Wall Street because of the U.S. Memorial Day holiday on Monday.
"We expect a gain of only 120,000 in non-farm payrolls in May (Friday), partly owing to the strike by Verizon workers. Even putting the temporary distortions aside, employment growth could be weak enough to leave the Fed's decision next month on a knife edge, " Paul Ashworth, chief North American economist at Capital Economics, said in a report on Friday.
"Otherwise, April's personal spending data (Tuesday) should confirm that consumption growth got off to a much better start in (the second quarter)" he added.
WTI and remained above $49 per barrel on Tuesday, but below the $50-plus peaks hit on Thursday. An OPEC meeting this week will be closely watched, but is not expected to result in any production freeze.
Follow CNBC International on and Facebook.
Correction: This story was updated to correct the next possible Fed hike is in June.