A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard said the British tanker, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
The Rio de Janeiro 2016 Olympics appear to be in a very bad way before the event has even started.
What, Airbnb worry?
According to data provided by the company, the $30 billion short-term home rental service says that it already has 35,000 active listings and 55,000 scheduled guests for the festivities in Brazil. Airbnb operates about 90,000 listings in Brazil as a whole.
Read more from Recode:
Twitter will live-stream the Democratic and Republican National Conventions thanks to a new deal with CBS
What is Pokémon Go and why is everybody talking about it?
'Hamilton' producer Jeffrey Seller: Live theater is the antidote to digital overload
For context, Airbnb had about 41,000 active listings in New York City as of June 1; New York has about 8.4 million residents, and Rio has about 6.3 million.
The company says that 49 percent of its bookings were made by Brazilian travelers, and the average price per listing is about $170 a night. There's been a 33 percent spike in active listings across the "greater Rio de Janeiro" area over the past three months, and 62 percent of these hosts are first-timers setting up shop for the Olympics.
And while Airbnb should make a tidy sum from the Olympics, the company is working to squelch troubles back home in the United States.
New York Governor Andrew Cuomo is considering whether to quash state legislation that would restrict Airbnb's ability to advertise listings, and the company is suing the city of San Francisco over regulations that the local government passed last month.
—By Noah Kulwin, Recode.net.
CNBC's parent NBCUniversal is an investor in Recode's parent Vox, and the companies have a content-sharing arrangement.