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The Power Brief

Janet Yellen, chair of the U.S. Federal Reserve.
Andrew Harrer | Bloomberg | Getty Images
Janet Yellen, chair of the U.S. Federal Reserve.

A daily morning look at the financial stories you need to know to start the day

STOCKS/ECONOMY

-Futures are higher this morning ahead of the Fed's decision on interest rates that comes out live on Power Lunch at 2pm Eastern. The big earnings reports out today include Boeing and Coca-Cola.

-Apple's earnings beat late yesterday is still the single biggest stock story right now.Tech trading should be heated.

-And Twitter shares are sharply down after its earnings disappointed the Street.

OIL/ENERGY

-Crude is down yet again and at the $42/barrel level.

-Gasoline prices fell another penny overnight to $2.14/gallon, national average.

ELECTION

-A CNBC survey of top fund managers, economists, and analysts shows Wall Street is now far less certain of a Hillary Clinton victory than it was a month ago.

After Hillary Clinton's nomination was official, some Sanders supporters walked out of the convection arena while others clashed with police outside.

-Bill Clinton's speech at the Democratic convention last night surprisingly took the personal route, even delving info romantic details of his relationship with Hillary.

-Critics are scratching their heads over why Bill Clinton went the romantic route, which easily dredged up memories of the Lewinsky scandal and his other affairs.

-Responding to accusations that the Russians may be helping the Trump campaign for business reasons, Donald Trump says he has "zero investments in Russia."

BANK WOES

-Deutsche Bank's net income fell almost 100% from last year.

MOVING AMERICA

-Elon Musk says the Tesla Model 3 could generate $20 billion in annual revenue.

TERROR/DEFENSE

-ISIS is warning that it now plans to attack Washington and London. Sunday's beheading of an 86-year-old priest by ISIS loyalists seems to be resonating more than some other recent attacks.

-Amazon's Jeff Bezos is joining the Pentagon's innovation board.