The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread 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
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
Here's how Amazon sells ads, and why it has a natural edge over Google and Facebook in some areas.Technologyread more
Netflix reports earnings Wednesday as it loses licensed shows to rivals launching their own streaming services.Technologyread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to Cohen's campaign-finance probe should be unsealed — and denied a request...Politicsread 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
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
Gov. Phil Murphy of New Jersey announced a lawsuit against the IRS and Treasury Secretary Steven Mnuchin, responding to new, final rules from the IRS that would largely block...Personal Financeread more
The Democratic National Convention kicks off on Monday under a cloud of recrimination after Wikileaks released more than 19,000 emails from the Democratic National Committee, some of which suggested committee officials had undermined Bernie Sanders in the 2016 Democratic primary. (CNBC)
DNC Chairwoman Debbie Wasserman Schultz resigned from her position following the massive email leak. She said she will step down after this week's convention. (CNBC)
Former New York City Michael Bloomberg will endorse Hillary Clinton in her White House bid out of concern over the candidacy of Donald Trump, The New York Times reported on Sunday. (CNBC)
A new Reuters/Ipsos poll conducted during the Republican National Convention shows Hillary Clinton and Donald Trump in a virtual dead heat for the first time since May. Prior to the convention, Clinton led Trump by 10 percentage points in the poll. (Reuters)
The Fort Meyers Police Department has confirmed two people are dead and at least 14 were wounded in a shooting at a Florida night club in the early hours of Monday. (NBC News)
A suicide bombing at a checkpoint north of Baghdad in Iraq on Monday killed at least 14 people, including women and children waiting to enter the town of Khalis. (Reuters)
A 27-year-old Syrian man who was denied asylum in Germany killed himself and injured 12 people in the German city Anbach after detonating an explosive device outside a music festival. The incident followed the killing of a pregnant woman by another Syrian asylum-seeker earlier on Sunday in in the southwestern city of Reutlingen. (Reuters)
The Islamic State claimed responsibility for a suicide bombing this weekend that killed more than 80 people and wounded about 230 during a demonstration of mostly Shiite Hamza minority members in Kabul, Afghanistan. (Reuters)
Thousands of firefighters were dispatched to battle a wildfire north of Los Angeles that has forced hundreds of evacuations, destroyed more than a dozen homes, and killed at least one person. (Reuters)
The International Olympic Committee's executive board declined to ban outright Russian athletes from the 2016 games, rejecting the advice of the World Anti-Doping Agency and leaving the decision to individual sports federations. (AP)
Verizon (VZ) announced it will acquire Yahoo (YHOO) for $4.8 billion. The telecom giant will get Yahoo's core operating business and patents, while Yahoo will retain its stakes in Yahoo Japan and Alibaba (BABA) and some non-core patents. (CNBC)
Yahoo CEO Marissa Mayer will appear on CNBC's "Squawk on the Street" at 9:15 a.m. ET
Tesla (TSLA) and SolarCity (SCTY) are close to striking a merger deal, according to a Reuters report. Both the automaker and the solar company are controlled by billionaire Elon Musk. (Reuters)
Salesforce.com (CRM) CEO Marc Benioff told LinkedIn (LNKD) that he might have been willing to pay much more for the company than the $26.2 billion that Microsoft paid, had he been given the chance. (Recode)
Both the Federal Reserve and the Bank of Japan have policy meetings this week, putting central banks squarely under the spotlight as they struggle with providing economic stimulus in an already low-rate environment.
However, there are no major economic reports due today, and the busiest week of the earnings season gets off to a relatively slow start today.
Earnings reports due this morning include Kimberly-Clark (KMB) and Sprint (S), while Express Scripts (ESRX), Gilead Sciences (GILD), and Texas Instruments (TXN) will be out with quarterly numbers after today's closing bell.
Hershey (HSY) is on watch today after the Hershey Trust — the chocolate maker's largest shareholder — agreed to make significant governance changes, according to Dow Jones. Those changes could potentially boost the chances that a previously-rejected $23 billion takeover offer from Mondelez International (MDLZ) will be in play once again.
G-III Apparel (GIII) struck a deal to buy Donna Karan International from LVMH, in a transaction worth $650 million.
Apple (AAPL) is expected to sell its one billionth iPhone this week, according to the Financial Times.
Ericsson (ERIC) Chief Executive Officer Hans Vestberg resigned effective immediately, according to the telecoms equipment maker. He had been under fire for the past few months, due in large part to weak financial results.
Dow Chemical (DOW) and DuPont (DD) are offering concessions to the European Union in order to win approval from their planned merger deal, according to a Bloomberg report.
"Star Trek Beyond" topped the U.S. box office this weekend, though its $59.6 million haul marked the lowest debut yet in the rebooted series. "Ice Age: Collision Course" also fell short of past franchise installments, taking in just $21 million. (Reuters)
Fanboys got their first look at footage of the DC Comics team-up movie "Justice League" and "Wonder Woman" at San Diego Comic Con, while Disney's (DIS) Marvel Studios debuted a second "Doctor Strange" trailer and the first preview for "Guardians of the Galaxy Vol. 2." (CNBC/Reuters)