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The Power Brief

Andrey Rudakov | Bloomberg | Getty Images

A daily morning look at the financial stories you need to know to start the day


-Stock futures are sharply lower this morning on global growth fears and a retreat in oil prices.

-Treasury bond yields are falling hard. The yield on the 10-year is now down to 1.65%.


-Crude is down about 1.5% and back to the $49/barrel level.

-Gasoline prices rose to $2.37/gallon, national average.

-Watch for the Baker Hughes oil rig count live on Power Lunch today at 1pm Eastern to see if the recent overall rally in crude is putting some more people back to work.


-Senator Elizabeth Warren endorsed Hillary Clinton last night. Now there's speculation she could be Clinton's VP choice.

-A new poll shows the presidential race is still a statistical dead heat, with Hillary Clinton ahead of Donald Trump, 42-39.

-The email investigation of Hillary Clinton is now focusing on emails on her non-secure server that discussed details of planned drone strikes in Pakistan.

-A number of suppliers say Donald Trump's construction businesses short-changed or just didn't pay them.


-Tesla is denying claims there are suspension issues with its Model X and Model S cars and also denies it made owners sign agreements not to discuss those problems.


-The House passed the Puerto Rican debt restructuring bill with bipartisan support.


-A push for a bigger pay raise for the troops has failed in the Senate.

-The new head of Boeing's defense unit wants to stop making new fighter jets and focus on just maintaining the aircraft.

-Russia is violating a key component of the START arms treaty.

-Navy Admiral Robert Gilbeau has pleaded guilty to a bribery scandal involving a major defense contractor/supplier.


-Two separate treatment trials for MS patients are leading great optimism that a cure is very near.

-A growing group of med students is protesting the costly set of standardized tests they must take to graduate, including one test that costs them $1,300.


-The food safety issues at Chipotle have resulted in Moe's Southwest Grill overtaking Chipotle as the #1 most popular Mexican food chain in the US according to a new survey.