Kohl's, J.C. Penney and Nordstrom release disappointing earnings news, putting a damper on their sector.Retailread more
Bezos's comments give a rare glimpse into his interest in the auto industry. Amazon recently invested in two self-driving start-ups.Technologyread more
While investing often seems like a contrarian game where going against the flow feels like the better bet, the reality is that investors who bought the most-favored stocks...Hedge Fundsread more
CBS plans to renew discussions for Starz with Lions Gate in the coming weeks, according to people familiar with the matter. If a deal happens, the remainder of Lions Gate...Technologyread more
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said.Marketsread more
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates.The Fedread more
Connecticut state Sen. Alex Bergstein's divorce case with her husband, Morgan Stanley managing director Seth Bergstein, has exposed her new romantic relationship with her...Politicsread more
Donaldson was chief of staff to former White House counsel Don McGahn, who on Tuesday defied the Judiciary panel's subpoena to testify about special counsel Robert Mueller's...Politicsread more
As shopping has shifted online and styles have evolved, Ascena has been grappling with sagging sales and a large debt-load. Looking to stem the losses, Ascena is turning to...Retailread more
The U.S. State Department's current offer is the final one, according to multiple sources.Politicsread more
Former Facebook executive Alex Stamos said Mark Zuckerberg should hire a new CEO and turn his focus to building products.Technologyread more
This year has been challenging for companies who want to go public, and it isn't expected to get any better, according to Jackie Kelley, IPO markets leader for EY Americas.
So far this quarter only 32 companies have gone public, compared with 72 in the second quarter last year, according to EY.
"This may be the best quarter we're going to see this year," she said in an interview with CNBC's "Closing Bell. "
"We knew coming into this year it would be a challenging year. We saw headwinds already from elections, interest rates we didn't have any decisions on, and those are still looming over us."
Then the year started out with volatility, and now the Brexit vote is weighing on the market, Kelley added.
However, she's much more optimistic about next year, thanks to so-called unicorns waiting in the wings. Unicorns are privately funded start-ups valued at $1 billion or more.
"IPOs are going to be back in favor," she predicted. "We're really looking at 2017, ramping up 2017 for a great IPO year."
Kelley works with companies preparing to go public, making sure the valuations are there and are supported by a strong business.
"We're going to open up to a market that is going to be nice and stable, hopefully, cross our fingers, and that's going to be a really good platform for IPOs — low volatility, not a lot of headwinds," she said.
— CNBC's Laura Petti contributed to this report.