In a series of tweets, the president addressed an unusual controversy stemming from a speech Thursday that New York Fed President John Williams delivered.Marketsread more
Four members of the House Armed Services Committee, including ranking member Mac Thornberry, R-T.X., said moving forward with the contract was critical to U.S. national...Technologyread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
George Nader, who was a key witness in special counsel Robert Mueller's probe, has been charged in a new federal indictment with transporting a 14-year-old boy for sex, child...Politicsread more
"I'm not hearing people blame the Fed as much as they're blaming tariffs," says CNBC's Jim Cramer.US Economyread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Gold has been on fire this year and some investors think it is poised to do something it has only done twice since World War II.Marketsread more
The University of Michigan's preliminary print on its consumer sentiment index ticked up to 98.4, from 98.2 in June. Economists polled by Refinitiv expected the preliminary...Economyread more
The mega-cap tech stocks that have led much of the record-long bull run have started to lose steam, but investors are still giving them the benefit of the doubt.Marketsread more
Houston, we have liftoff. Fifty years ago, man landed on the moon and McDonald's and a handful of other stocks took off into the stratosphere. Two of them have more fuel in...Trading Nationread more
Amazon's PillPack was informed this week that it will soon be cut off from patient medication data, according to people familiar with the matter.Technologyread more
Check out which companies are making headlines before the bell:
SolarCity — The solar equipment company will be bought by Tesla Motors in an all-stock deal that values SolarCity at $25.37 per share. Independent members of both boards approved the deal after Elon Musk and others involved in both companies recused themselves from the process.
Diamond Offshore — The drilling contractor earned 16 cents per share for its latest quarter, beating estimates of three cents a share. Revenue was also above forecasts. Cost cutting helped the company offset lower oil process and lower demand for rigs.
AMC Entertainment — The movie theater chain missed estimates by two cents a share, with quarterly profit of 24 cents per share. Revenue was also below forecasts. The company cited a lackluster film slate, which impacted the entire industry, but notes that the trend was already starting to reverse when the quarter ended.
TJX — Goldman Sachs began coverage on the parent of TJ Maxx and other chains with a "buy" rating, saying its inventory put it into position to benefit during the back-to-school shopping season.
Etsy — Citi initiated coverage on the online crafts marketplace with a "buy" rating, saying earnings estimates for Etsy are far too conservative and that it sees good prospects for margin expansion.
Anheuser-Busch InBev — Susquehanna downgraded the beer brewer's stock to "neutral" from "positive," seeing few further catalysts now that the company's deal to buy SABMiller is close to the finish line.
Harley-Davidson — The motorcycle maker's shares were upgraded to "outperform" from "neutral" at BMO Capital Markets, with the firm saying Harley is a good contrarian play with sentiment extremely negative and with management on an upbeat long-term path.
European banks that trade in the U.S., such as Deutsche Bank, Royal Bank of Scotland, UBS, and Barclays, are in the spotlight this morning following the late Friday release of European bank stress tests. Most banks fared well, although RBS was among those cited for falling capital ratios.
GlaxoSmithKline — Glaxo and a unit of Google parent Alphabet have formed a new company focusing on fighting diseases through bioelectronics means. The new company will be known as Glavani Bioelectronics, with Alphabet and Glaxo contributing about $715 million.
Wynn Resorts, Las Vegas Sands — These and other casino companies operating in Macau could come under pressure, after new figures showed that gaming revenue in the Chinese territory fell for a 26th consecutive month in July.
Goldman Sachs — Goldman Sachs received subpoenas relating to its dealings with Malaysian investment fund 1MDB, according to The Wall Street Journal. 1MDB is at the forefront of an international corruption probe.
Hershey — Hershey is in the spotlight this morning following a New York Times article regarding a leaked internal memo at the Hershey Trust, which controls the chocolate maker. The paper said the memo reveals corrupt corporate culture and allegations of insider trading.
Dollar Tree — Dollar Tree was upgraded to "buy" from "hold" at Deutsche Bank, while rival Dollar General was downgraded to "hold" from "buy," with the firm saying Dollar Tree had better profit margin prospects than its rival discount retailer.
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