Stocks traded higher on hopes the Fed chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
A Volkswagen spokesperson called the report that CEO Herbert Diess is interested in buying a stake in Tesla "completely unfounded."Technologyread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
Kraft has filed a contempt motion against the CFTC over a press release announcing the $16 million fine to settle claims of manipulating wheat prices.Food & Beverageread more
Michael Burry thinks GameStop still has upside as Sony's and Microsoft's upcoming consoles will likely have physical optic drives.Investingread more
Target shares closed Wednesday up more than 20%, after the retailer reported impressive profit growth and a spike in traffic that surpassed analysts' expectations.Retailread more
Matt Damon branded Wall Street as a cabal that "steals people's money, " right before making a thinly veiled endorsement of Democratic Sen. Elizabeth Warren from Massachusetts. The Boston-bred actor has endorsed Clinton for president. (CNBC)
Jamie Dimon — who said Brexit would mean fewer jobs for in the UK — was taken to task by Boris Johnson. The former London mayor, a leading campaigner for Britain exiting the European Union, said EU policies have held back the UK. (CNBC)
Mark Zuckerberg had his Twitter, Instagram, and Pinterest briefly hacked over the weekend, according to various reports. A hacker group called OurMine reportedly took over those social media accounts of the Facebook (FB) founder. (CNBC)
Marwan Fawaz, a former top executive at Charter and Adelphia, has been tapped to run Nest Labs, the connected thermostat firm that Alphabet's (GOOGL) Google unit bought in 2014 for $3.2 billion. Nest founder and CEO Tony Fadell is leaving. (CNBC)
"Teenage Mutant Ninja Turtles: Out of the Shadows" debuted at No. 1 at the weekend box office, but with disappointing North America ticket sales of $35.3 million, becoming the latest sequel this year to miss expectations. (Variety)
JPMorgan is trying to bring a Silicon Valley sensibility to banking, recently loosening its dress code to allow employees to dress in business-casual attire when appropriate. (WSJ)
U.S. gasoline prices jumped 6 cents over the past two weeks to $2.37 per gallon, an increase that followed crude oil higher. Over the past 15 week, gas has spiked 60 cents.
Oil prices were higher this morning, lifted by a fall in the dollar that could spur demand, just as attacks on Nigerian oil infrastructure tighten supplies. But signs of recovering U.S. output capped gains.
Japan's Softbank added $1.1 billion to its recent sale of Alibaba (BABA) shares, bringing the total to $10 billion. The sale is expected to help reduce debt at Softbank, also a majority stakeholder in U.S.-based Sprint (S).
Viacom's (VIAB) controlling shareholder, Sumner Redstone, asked a court to deny legal challenges filed by CEO Philippe Dauman and a board member. The two are trying to prevent Redstone from removing them from the board of the trust that will ultimately control both Viacom and CBS (CBS).
BlackRock (BLK) announced the sale of a Singapore office tower to the Qatar Investment Authority for $2.5 billion. BlackRock said the sale was the largest ever for a single-tower real estate property in the Asia Pacific region.
Starwood Hotels (HOT) struck an agreement with Saudi Real Estate to build two hotels in Riyadh, in a district where the government has been planning an international business zone.
On Friday, politicians, celebrities, and fans are expected to attend a memorial service for Muhammad Ali — an event the three-time heavyweight boxing champion, who died last week, had requested be open to everyone. (AP)