Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
Boeing is scrambling to restore confidence in the 737 Max from regulators, customers and the flying public.Paris Airshowread more
Heavy rains caused unprecedented delays in planting this year and contributed to record floods across the central United States.Agricultureread more
Huawei CEO and founder Ren Zhengfei said that the Chinese tech company will report revenues of around $100 billion in 2019 and 2020, which would be flat growth versus 2018.Technologyread more
Bitcoin leapt across the $9,000 mark on Sunday, boosted by reports that Facebook is soon set to launch its own cryptocurrency.Cryptocurrencyread more
Although Cook did not mention companies by name, his commencement speech in Silicon Valley's backyard mentioned data breaches, privacy violations, and even made reference to...Technologyread more
In the survey, 66% of Democratic primary voters say they'd be enthusiastic or comfortable about Biden as their nominee to take on President Trump in the 2020 election. Just...Politicsread more
Target's registers were down on Saturday for several hours preventing customers from checking out.Retailread more
Organizers claimed that nearly 2 million Hong Kong protesters took to the streets Sunday in a rally to demand the city's top official resign a day after she suspended — but...China Politicsread more
African swine fever, which has already ravaged pig herds in China and pushed up food prices there, could also drive up inflation in the other emerging markets, according to...Asia Economyread more
Consumer goods giant Unilever has taken the unusual step of having some of its marketing staff read their own DNA profiles to see whether finding out about their heritage has...Marketing.Media.Moneyread more
U.S. stock futures opened to the downside in early trading Sunday, as investors grew increasingly restive in the wake of the U.K.'s decision to extricate itself from the European Union.
Risk aversion also sent the British pound reeling to near $1.34, within view of its lowest in 30 years around $1.32. Early Sunday, Goldman Sachs issued a research note predicting that Britain could enter a recession by next year, and the bank sharply downgraded global growth expectations.
Dow futures fell, with the implied opening signaling a 150-point drop, while S&P 500 futures pointed to a 21-point decline and NASDAQ futures indicated a 43-point drop. Gold futures rose, in a reflection of sustained demand for safe-haven assets.
Despite a rough day Friday, in which the Dow tumbled 610 points and each of the major averages fell at least 3 percent, the mood heading into Monday was downbeat but not panicky.
The pound's loss against the dollar amounted to about 1.3 percent.while the euro was off 0.75 percent. U.K. government bond yields were mixed with the 10-year edging higher just a bit.
Asian stocks fell at the open, with Japan's Nikkei off 1.5 percent. Futures for the U.K.'s FTSE indicated a drop of 3 percent at the open.
for the latest on the markets.