UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
A daily morning look at the financial stories you need to know to start the day
-Stock futures are just barely higher after two straight days of record closes. The Fed's Beige Book will be released today.
-Mortgage refinances surged 11% last week as rates dropped to a three-year low.
-A new study shows that 2/3 of Americans are financially illiterate.
-Crude prices are down 1% but holding most of the big gains from yesterday at the $46/barrel level.
-Gasoline prices fell another penny overnight to $2.21/gallon, national average. That's 16 cents/gallon lower than a month ago today.
-Donald Trump is expected to unveil his VP pick on Friday.
-A series of new Quinnipiac polls shows Donald Trump leading Hillary Clinton in Pennsylvania, Ohio, and Florida. His leads increase when third party candidates Gary Johnson and Jill Stein are thrown in.
-Sen. Elizabeth Warren has been invited to speak on the first night of the Democratic National Convention. It's not clear what that means for her chances to get the VP nod.
-Protesters, including the New Black Panther Party, say they plan on bringing guns to the Republican National Convention in Cleveland because of Ohio's open carry laws.
-Theresa May will take over as Prime Minister of Great Britain today.
WAR ON COPS
-Three people have been arrested in an alleged plot to steal guns to kill police.
-China is predictably blaming the US for the World Court's decision negating its claims on parts of the South China Sea.
-Tesla says it has no plans to remove the autopilot feature in its cars.
-Senate Democrats are blocking the Defense spending bill.
-The US is sending troops to protect the American embassy in South Sudan.