Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them.Market Insiderread more
The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
House Speaker Nancy Pelosi says she wants her chamber to vote on a debt ceiling and budget deal by July 26.Politicsread more
Philips has acquired a start-up that texts you about your poop. That's Medumo, a Boston-based company, which works with hospitals to guide their patients through common...Technologyread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to a campaign finance probe of Cohen should be unsealed — and denied a...Politicsread more
The U.S. economy continued growing at a "modest" rate in recent weeks, with consumers continuing to spend and a "generally positive" outlook overall even in the face of...Economyread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Facebook's head of Calibra David Marcus is grilled during a House Financial Services Committee hearing over the company's digital currency plans.Technologyread more
Responding to pressure concerning EpiPen price hikes, Mylan (MYL) this morning announced plans to boost access to its EpiPen Auto-Injector by expanding already existing programs for patients who are facing higher out-of-pocket costs. (CNBC)
Hillary Clinton weighed into the EpiPen controversy Wednesday, tweeting there's no justification for Mylan to hike prices on the allergy treatment by nearly 400 percent in the past few years. In a statement, Clinton said Mylan should lower the costs, "immediately." (CNBC)
Mylan CEO Heather Bresch joins "Squawk Box" first on CNBC at 8:30 a.m. ET.
GOP presidential nominee Donald Trump backed away farther from his hardline stance on deporting millions of illegal immigrants, saying he would be willing to work with those who have followed U.S. laws while living in the country. (Reuters)
Trump has spent the week calling for African-Americans to uproot voter trends, and support for him in the November election. But last night, Trump escalated his line of attack, and labeled Hillary Clinton herself a "bigot." (NBC News)
Warren Buffett's Berkshire Hathaway (BRK.A) continues to reap rich dividends from a canny loan extended to Dow Chemical (DOW) seven years ago. But a recent rally in Dow's stock is putting that income stream at risk. (WSJ-subscription)
Viacom's (VIAB) board is asking Paramount Pictures to come up with a turnaround plan, given the studio's dismal performance over the past five years. Shari Redstone is reportedly unconvinced Paramount is in the right hands. (WSJ-subscription)
Social media outlets including Facebook (FB), Twitter (TWTR) and Google's YouTube are "consciously failing" to stop their sites from being used to promote terrorism and recruit extremists, U.K. lawmakers claimed in a new report. (CNBC)
A brazen, hours-long militant attack on the American University of Afghanistan ended early Thursday after at least 12 people were killed and dozens were wounded in the assault on the sprawling campus on Kabul's outskirts. (AP)
Rescue crews raced against time looking for survivors from the earthquake that leveled three towns in central Italy. The death toll rose to 247 and Italy once again anguished over trying to secure its medieval communities built on seismic lands. (AP)
In addition to July durable goods and weekly jobless claims at 8:30 a.m. ET, there's Markit Services PMI for August at 9:45 a.m. ET and the Kansas City Fed survey of August business conditions at 11 a.m. ET.
Earnings reports today include Medtronic (MDT), Dollar General (DG), and Dollar Tree (DLTR). On this afternoon's list are GameStop (GME), Splunk (SPLK), and Ulta Salon (ULTA).
HP Incorporated (HPQ), late Wednesday, released third-quarter profit and revenue that beat forecasts, on a rebound in demand for notebook PCs. The company's fiscal fourth-quarter outlook was below estimates.
Tiffany (TIF) reported adjusted earnings of 86 cents per share that beat estimates. But revenue of $932 million fell short. Same-store sales were down 8 percent.
Sears Holdings (SHLD) posted a wider-than-expected loss of $3.70 per share. Same-store sales at Sears stores fell 7 percent, sales at K-Mart fell 3.3 percent. Quarterly revenue, however, beat estimates.
PVH (PVH) reported better-than-expected quarterly results. The clothing maker, whose brands include Calvin Klein and Tommy Hilfiger, also raised its full-year guidance.
Guess (GES) issued quarterly earnings that beat estimates, and updated full-year guidance. The fashion house said same-store sales fell 2 percent, but that was still better than forecast.
U.S. soccer officials have suspended goalie Hope Solo from the national team for six months for her sore-loser comments after Sweden eliminated the Americans in the quarterfinal match at the Olympics in Rio. (NBC Sports)
Paisley Park, the private estate and studio complex of the late rock superstar Prince, opens to the public in early October. Graceland Holdings, which has overseen Elvis Presley's home since 1982, will run the daily tours. (AP)