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Microsoft beat on top and bottom lines but Azure growth slowed.Technologyread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
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The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
The fact that interest rates are relatively low makes the idea of a so-called insurance rate cut later this month an attractive option for the Fed.Market Insiderread more
Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue...Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Business advocacy organizations sharply criticized the House of Representatives for passing a bill to raise the minimum wage to $15, saying it would be a costly job killer.Politicsread more
Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.Financeread more
CLEVELAND ― Melania Trump tried to cast her husband in a different light than in recent memory on Monday night.
In her speech at the Republican National Convention, Donald Trump's wife said "Donald is intensely loyal. To family, friends, employees, country. He has the utmost respect for his parents, Mary and Fred, to his sisters Maryanne and Elizabeth, to his brother Robert, and to the memory of his late brother Fred."
She also mentioned his children, noting that they've been raised so well "that even his adversaries admit they are an amazing testament to who he is as a man and a father."
"There is a great deal of love in the Trump family," Melania said.
On Thursday, Donald is expected to officially become the Republican presidential nominee.