CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
The growth in net interest income, a main engine of the industry's profit, looks to slow to a halt in the back half of this year.Banksread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
Amazon also said that on Monday and Tuesday it sold more Amazon devices — like the Echo Dot, the Fire TV Stick and Alexa Voice Remote — over a two-day period than it ever has...Retailread more
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.Technologyread more
Facebook's head of Calibra David Marcus faced skepticism from lawmakers at a House Financial Services hearing on its digital currency plans.Technologyread more
During a speech on "Medicare for All," Bernie Sanders will urge 2020 Democratic candidates to reject money from health care industries.2020 Electionsread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
The news comes after eBay announced a strategic portfolio review on March 1.The Faber Reportread more
If the S&P 500 climbs another 4%, it will have doubled the peak reached in the previous bull market, Michael Santoli notes.Trading Nationread more
What a time to be a geek.
At the annual San Diego Comic Convention, movie trailers for the next generation of super hero movies debuted, sending the Internet into paroxysms of comic fan ecstasy.
"Wonder Woman" and "The Justice League"—the brainchildren of DC Comics' fledgling entertainment division—dazzled audiences and reportedly drew standing ovations at SDCC panel discussions. The Justice League, billed as DC's answer to Marvel's highly lucrative "Avengers" series, has high expectations.
"Wonder Woman" also bears the weight of both high expectations and years of false starts. At one point, "Avengers" director Joss Whedon was attached to a project that was set to bring the Amazon warrior to the big screen, but it never took off.
"Batman vs. Superman" was widely panned by critics, but Gal Gadot won high praise for her brief on-screen portrayal as the iconic female superhero.
The movies are a shot across the bow at Marvel, who has dominated the big screen with its super hero offerings for more than a decade. Franchises like "Spider Man," "The X-Men" and "The Avengers" have been monster Hollywood hits, upping the ante for DC as it seeks to bring its own characters to life.