The Trump administration "will take a look" after billionaire investor Peter Thiel said the FBI and CIA should see if Chinese intelligence has infiltrated Google.Technologyread more
On Monday, the first day of Amazon's 48-hour shopping extravaganza this year, retailers that make more than $1 billion in annual revenues saw a 64% increase in their digital...Retailread more
Builder confidence for single-family homes rose just one point to 65 in July, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....Real Estateread more
Dimon is making his own bet on a digital coin that could transform the global payments landscape: JPM Coin.Financeread more
Expectations for lower interest rates and less fear about tariffs sent investors back into the market and set up what could be a profitable run ahead.Marketsread more
Southwest Airlines is delaying pilot hiring and captain upgrades with no end in sight to the grounding of the Boeing 737 Max.Airlinesread more
The U.S. and China have restarted their trade talks, but signs are showing a deal could be even harder to reach now.Marketsread more
The Federal Reserve's expected interest rate cuts appears to have impacted J.P. Morgan's forecast for 2019 net interest income.Financeread more
A crop of long-awaited technology companies coming to the public market this year created a "frothy" period, Bernstein said on TuesdayInvestingread more
GE hasn't had a year this good during this millennium. After that massive surge, one trader is warning investors to stay away.Trading Nationread more
Credit card sales volume rose 11% this quarter and merchant processing volume increased 12%, the bank says in its earnings statement.Banksread more
Big-name tech companies saw drops in their stock on Tuesday, but Robert Peck, SunTrust Robinson Humphrey managing director, is optimistic about tech performance in the second half of the year.
In May, Facebook announced that it would allow users to control their ad experience through Facebook settings. This gives users the chance to opt out of interest-based advertising and to change their ad preferences.
Google also announced earlier this year that it wanted to make ads more enjoyable and helpful for its users. The company uses algorithms and Google reviewing to block harmful or unwanted advertisements from the website.
"We want to make sure all the ads you see are helpful and welcome and we'll keep fighting to make that a reality," Google said in a statement.
Peck called Google and Facebook the top two tech companies for the year on CNBC's "Squawk Alley," noting the companies' ability to have bigger advertisement budgets and strong returns on investments.
"We've been negative on Amazon, largely because so many people love it. It's rare to find a bear here. So much anticipation has been baked into that now," Peck said. "Not only do you have top lying growth baked in, you have margin improvement in domestic, international and AWS. Not many people are giving credence to oncoming competition from the other players like Google."