The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia were lower on Monday, as shares on a new Nasdaq-style technology board on the Shanghai Stock Exchange skyrocketed on their debut day.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Dow component Wal-Mart (WMT) beat on earnings and revenue. The retail giant raised its full-year outlook, even with an expected 5 cent per share hit from the pending Jet.com acquisition. The stock soared in the premarket. (CNBC)
Cisco Systems (CSCO), also a Dow stock, beat estimates on earnings and revenue. But the networking equipment maker was cautious on guidance. Cisco also plans to cut up to 5,500 employees or 7 percent of its workforce. (CNBC)
Two of four U.S. swimmers who say they were with Ryan Lochte when they were robbed at gunpoint in Rio were removed from their plane by Brazilian authorities. Lochte, already in the U.S., was sticking to his story. The other Olympic swimmer was still in Brazil. (NBC News)
As questions swirl around Lochte's account, a new report provides details of a Tuesday armed robbery of an Olympian from Great Britain. The unidentified team member was held up "enjoying a night on the town" in the early hours. (USA Today)
The U.S. apparently did time its $400 million payment to Iran with the release of American prisoners, according to the Wall Street Journal. Maintaining it was not a ransom, a U.S. official told NBC News the cash was delayed to make sure the Americans were safe.
In a notice set to be published today, the agency overseeing thousands of federal buildings nationwide is expected to declare transgender employees and visitors must be allowed to use the bathrooms that match their gender identities. (NBC News)
Investors look to three economic reports this morning for clues on the economy and whether the data might sway the Fed on rates. Jobless claims and the Philly Fed survey are out at 8:30 a.m. ET. The index of leading economic indicators comes at 10 a.m. ET.
There's more Fed-speak today, with Dallas Fed President Robert Kaplan speaking at 8 a.m. ET and San Francisco Fed President John Williams speaking at 4 p.m. ET.
In addition to Wal-Mart this morning, other retailers, Gap (GPS) and Ross Stores (ROST), are out with earnings after the bell this afternoon.
Five years after the housing recovery began, 5.9 million borrowers still owe more on their mortgages than their homes are worth. While falling, the underwater rates still well above normal levels and equally spread across urban and suburban communities.
SolarCity (SCTY) announced new cost cuts, including cutting the salaries of the CEO and CTO $1 from $275,000. The company, in the process of being bought by Tesla (TSLA) for $2.6 billion, cut expenses to compensate for a reduced solar installation forecast.
Gannett (GCI) has raised its bid for Chicago Tribune parent Tronc (TRNC), according to the Wall Street Journal, although the exact details of the new bid could not be learned. Gannett first bid $12.25 per share, then raised it to $15. Both bids were rejected.
L Brands (LB) beat estimates by 11 cents with adjusted quarterly profit of 70 cents per share. The Victoria's Secret parent also raised its outlook for the full year. The company's' results were helped by a three percent rise in comparable store sales.
Celebrating the 50th anniversary of its first store, Best Buy (BBY) is holding a 50-hour sale, beginning at 11 p.m. ET tonight. The electronics chain will be offering Black Friday-like deals on all kinds of products available both online and in stores.
McDonald's (MCD) said it won't distribute activity trackers in its Happy Meals after reports they might cause skin irritations. The fitness bands were available in the U.S. and Canada.
Jamaica's Usain Bolt, the 100m gold medalist in Rio, goes for his third straight 200m Olympic title today. He'll try to hold off Canadian sprinter Andre de Grasse. Bolt is the 200m world record holder with a time of 19.19 seconds. (NBC News)
The U.S. trio of Brianna Rollins, Nia Ali, and Kristi Castlin combined last night for the first sweep of the women's 100m hurdles in Olympics history. The Rollins gold medal was the first for the American track team at the Rio games. (NBC News)
In the medal race, the United States remained on top ahead of Thursday's competition with 93 — split pretty evenly with 30 gold, 32 silver, and 31 bronze. China was edging Great Britain 54 to 50 overall, and tied with 19 golds each. (NBC News)