The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are up 200 points in response to two recent polls showing the "remain" camp back in a slim lead over the "leave" camp in the Brexit referendum. The vote is this Thursday.
-The yield on the 10-year note is up to 1.66%.
-Crude is up more than 1% to the $48/barrel level.
-Gasoline prices fell again overnight to $2.33/gallon, national average.
-Californians are being urged to conserve energy amidst a severe heatwave. Temps in Beverly Hills hit 112 degrees.
-Electric cars are expected to reduce demand for gasoline in the US by 5% to 20% over the next two decades.
-Hillary Clinton will attack Donald Trump's business record in a speech tomorrow.
-Apple will not provide technology or any cash support for the Republican National Convention.
-Socialist nightmare Venezuela is seeing widespread hunger and looting.
-The Pentagon wants to go forward with a controversial and groundbreaking plan to hire civilian experts with no military experience and put them into high ranking officer positions like Army Colonel or Navy Captain. This could be the biggest cultural shift in favor of Silicon Valley yet.
-None of the four gun control bills Senate Democrats filibustered to bring to a vote are expected to pass this week.
-The Secretary of the Navy warns that if Boeing does not get government approval for its pending foreign jet fighter sales, it will result in higher prices for the jets it sells to the US military.
-Just how many passenger jets is Boeing selling to Iran in that deal announced earlier this month? Now we know it's about 100.
-Anti-trust regulators are expressing strong skepticism over Anthem's proposed $48 billion acquisition of Cigna.
-Former Twitter CEO Dick Costolo had his Twitter account hacked today.