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The Power Brief

Pedestrians walk past the Bank of England (BOE) in the City of London, U.K.
Luke MacGregor | Bloomberg | Getty Images

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


-Stock futures are higher after yesterday's mild gains ended what had been a seven day losing streak for the Dow. Weekly jobless claims and factory orders are due out this morning.

-The Bank of England has just cut interest rates for the first time in seven years.


-Crude prices are flat after gains yesterday put oil back at the $40/barrel level.

-Gasoline prices fell a penny overnight to $2.11/gallon, national average.


-Hillary Clinton now leads Donald Trump in the LA Times/USC poll by just under one point. A FOX News poll has her up by 10 points.

-Key Trump allies are still planning on staging a personal intervention for his campaign.


-London police are beefing up armed patrols after a deadly stabbing in Russell Square killed a woman in her 60s and injured five others. Based on the reaction by the police, this has all the markings of a terror attack. And now, Jerusalem Post is reporting that one of the victims was an Israeli citizen, raising concerns this was a targeted hate attack.

-The Justice Department objected to that $400 million cash payment to Iran that took place just as our captured Navy sailors were being released.

-A DC Metro cop has been arrested for trying to aid ISIS.

-Demand remains hot for coastal patrol aircraft. India has just agreed to buy four new P-8I planes from Boeing for $1 billion.


-Tesla posted a big earnings miss, but showed important gains in its production numbers.

-Toyota has revised down its earnings projections for this year.

-The US government has approved the first commercial mission to the moon.


-Walmart is in talks to buy a one-year-old e-commerce startup called for $3 billion.


-Carl Icahn says he's lost $100 million on the now-closing Trump Taj Mahal casino in Atlantic City.


-A new study shows Americans are fatter than ever, with adult weights up by about 15 pounds on average since the decade of the 1980s.