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
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.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
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
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Companies want to know our values and if they work with us, "they want to be aligned with those values," Salesforce co-CEO Keith Block says.Mad Money with Jim Cramerread more
U.S. stock index futures pointed to a higher open Tuesday, tracking gains in Europe and Asia where upbeat comments by U.S. Federal Reserve Chair Janet Yellen on the U.S. economy gave markets a lift.
U.S. stocks closed higher Monday, with energy leading as oil rose, after the comments from Yellen. She omitted specific reference to the timing of a rate hike in her midday remarks at the World Affairs Council of Philadelphia but said the Fed funds rate probably needs to rise gradually over time.
Revised U.S. productivity showed a decline of 0.6 percent in the first quarter, while unit labor costs rose 4.5 percent.
Consumer credit data is released at 3 p.m.
In stocks news, embattled drugmaker Valeant reported first-quarter earnings and the stock fell more than 10 percent in the premarket.
Yahoo shares were down 1 percent in premarket trade after the Wall Street Journal, citing a person familiar with the matter, reported Verizon Communications planned to submit a second-round bid of $3 billion for Yahoo's core internet business.
Sarepta shares were up 30 percent in pre-market trade after the group said the U.S. Food and Drug Administration had requested more data from a study for its muscle-wasting treatment. Investors hoped the agency would approve the drug.
Also in focus after raising its quarterly dividend by 60 percent to 40 cents per share was Fedex, while United Natural Foods raised its full-year outlook.