Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
CrowdStrike reports first earnings report since IPO.Technologyread more
The bear case for stocks may soon be losing backers as a pickup in earnings and optimistic economic projections could take stocks to new highs.
Those are the views of well-known Wharton finance professor Jeremy Siegel and Morgan Stanley's chief U.S. equity strategist, Adam Parker, who in an exclusive interview explained why equities remain the best place to be.
"With the bounce back in the domestic economy and in the world economy, there's definitely hope for higher earnings," said Siegel. "In fact, I'd say the levels of stock prices now are actually betting on those higher earnings."
Similarly, Parker notes that the probability of a potential bear market has significantly diminished, a wide sentiment that's expected to support stocks.
PRO subscribers have access to the full interview, which was originally broadcast on "Closing Bell."