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The Power Brief

Apple CEO Tim Cook
Getty Images
Apple CEO Tim Cook

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

STOCKS/ECONOMY

-Stock futures are flat after yesterday's good rally to start the week. We get consumer confidence figures and the Case Shiller home price data this morning.

OIL/ENERGY

-Crude prices are back up today to the $47/barrel level.

Gasoline prices held overnight at $2.21/gallon ,national average.

EU TAX WARS

-The EU has ordered Ireland to recover $14 billion in back taxes from Apple after ruling Ireland had no right to negotiate its own rates with the company. (Can you say "Irexit?").

ELECTION

-Today's LA Times/USC poll shows Donald Trump with just under a three point lead over Hillary Clinton.

-The FBI says it's detected cyber breaches of the computerized voting systems in Illinois and Arizona.

-Hillary Clinton has rolled out a new plan to boost metal health care in the US.

DEALS/NO DEALS

-Hershey shares are sharply lower now that Mondelez says it's pulling out of merger talks.

TERROR/DEFENSE

-The Air Force is still in need of drone pilots, so it's now allowing all enlisted men and women to apply for the duty.

-We're just a bit closer to fighter jets with laser cannons: Northrop Grumman has won the contract to start developing that technology.