These are the stocks posting the largest moves before the bell.Market Insiderread more
Qualcomm suppressed competition in the market for cellphone chips and used its position to impose excessive licensing fees, a U.S. judged ruled.Technologyread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
Treasury Secretary Steven Mnuchin is scheduled to testify before the House Financial Services Committee on Wednesday about the international financial system.Politicsread more
Target's e-commerce sales also surged 42%, as shoppers increasingly turned to its curbside pickup service for online orders, something Amazon can't offer.Retailread more
Stock markets are slowly healing from the worst of the month's trade war sell-off, and one under-the-surface indicator suggests the S&P 500 might completely recover before...Trading Nationread more
Treasury Secretary Steven Mnuchin said nothing is scheduled yet for the U.S. to go to Beijing for the next round of trade talks.Marketsread more
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially turn higher again.Real Estateread more
The U.S. Justice Department's Antitrust Division staff has recommended the agency sue to block T-Mobile US's $26 billion acquisition of smaller rival Sprint, according to two...Technologyread more
Here are the biggest calls on Wall Street on WednesdayInvestingread more
Lowe's shares plummeted 8% before the bell Wednesday after the company posted mixed fiscal first-quarter results and cut its forecast for the year, as higher costs weighed on...Retailread more
U.S. import prices recorded their biggest increase in more than four years in May on rising costs of petroleum and other products, pointing to firming inflation as the drag from a strong dollar and lower oil prices fades.
The Labor Department said on Tuesday import prices increased 1.4 percent last month, the largest rise since March 2012, after an upwardly revised 0.7 percent gain in April.
Economists polled by Reuters had forecast import prices rising 0.7 percent in May after April's previously reported 0.3 percent gain. In the 12 months through May, import prices fell 5.0 percent, the smallest decline since November 2014.
The dollar's surge and a plunge in oil prices between June 2014 and December 2015 had dampened inflation. But with the dollar weakening 1.5 percent against the currencies of the United States' main trading partners this year and oil prices near $50 per barrel, that drag is starting to lift.
Last month, imported petroleum prices surged 17.4 percent, the largest increase since 1999, after rising 11.0 percent in April.
Import prices excluding petroleum rose 0.4 percent, the first monthly increase since March 2014, after being unchanged in April.
Imported food prices climbed 0.3 percent last month.
Prices for imported industrial supplies and materials excluding petroleum increased 1.6 percent, the biggest rise since February 2014.
Imported capital goods prices were unchanged, while the cost of imported automobiles increased 0.2 percent. That was the biggest gain since April 2014. Prices for imported consumer goods excluding autos edged up 0.1 percent.
The report also showed export prices jumped 1.1 percent in May, the biggest gain since March 2011, after rising 0.5 percent in April. Export prices fell 4.5 percent from a year ago, the smallest drop since December 2014.