As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
Microsoft has new services that can provide gaming revenue on top of console sales.Technologyread more
Nelson Peltz and David Taylor, once adversaries over the direction of Procter & Gamble, met Thursday as allies taking a victory lap for the company's stunning turnaround.Delivering Alpharead more
More than half of the patients have been younger than 25 and 16% are younger than 18, CDC principal deputy director Anne Schuchat said.Health and Scienceread more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
Trian Partners co-founder and CEO Nelson Peltz explained to CNBC on Thursday the backstory to his firm's position in struggling General Electric.Delivering Alpharead more
Here's a look inside Apple's flagship Fifth Avenue Store, known as the "cube," in New York City. It reopens on Friday and has been closed since 2017 for renovations.Technologyread more
U.S. stock index futures pointed to a higher open on Wall Street Monday, on the back of positive sentiment overnight in Asia and Europe.
The only major U.S. data due out on Monday will be the Empire Manufacturing State Survey, due out at 8.30 a.m. ET and the NAHB (National Association of Home Builders) Housing Market index, out at 10 a.m. ET.
Crude futures traded pared gains on Monday, despite speculation surrounding potential action by leading producers helped prop up prices. WTI and Brent were hovering around $44.50 and $47 per barrel respectively, at 7:59 a.m. ET.
European stocks traded slightly higher while Asia-Pacific indexes finished mixed to mostly higher overnight despite data out of Japan which showed that the economy failed to grow in the three months through June. Japanese indexes finished slightly lower after the gross domestic product data missed forecasts.
Meanwhile, China's mainland markets, the Shanghai composite and Shenzhen composite advanced 2.45 and 2.5 percent respectively. This comes amid speculation of potentially more stimulus by the People's Bank of China, following a slew of weaker-than-expected July data, according to Reuters.
In the previous session, U.S. indexes closed mostly lower Friday, following a disappointing retail sales report.