Rising home prices and conservative borrowing have today's homeowners sitting on a record amount of potential cash. Today's mortgage holders saw their home equity increase by...Real Estateread more
SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The Mac Pro is the only major Apple computer to be assembled in the United States. Most of Apple's products, including the iPhone, are assembled in China and are facing tariff...Technologyread more
CNBC's Jim Cramer calls on investors to be wary of the slew of the hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings.Investingread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
Markets have been betting Trump's Twitter attacks on the Fed will move rates. Among other things, Trump has called Chairman Jerome Powell "clueless" and Fed officials as a...The Fedread more
Trump's call with the foreign leader is reportedly the subject of a whistleblower's complaint that has spurred new accusations of wrongdoing from Democrats.Politicsread more
Harvard economist N. Gregory Mankiw says ultra-wealthy couples could split their fortunes in half through divorce and avoid paying a wealth tax proposed by presidential...Wealthread more
The U.S. Securities and Exchange Commission settled charges Monday against former Nissan CEO Carlos Ghosn and its former director Greg Kelly on Monday over false financial...Autosread more
An annual survey by Piper Jaffray finds iPhone that users willing to upgrade to newly released models declined from last year.Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
Ahmad Khan Rahami, the suspect in a series of explosions in New York and New Jersey, was charged with five counts of attempted murder of a law enforcement officer in a shootout with police Monday morning in New Jersey. (NBC News)
Authorities said the key to breaking the case was a fingerprint found on an unexploded bomb in New York. Meanwhile, flip phones used on devices Chelsea and Seaside, New Jersey were both bought at same store last year. (NBC News)
President Barack Obama plans to push world leaders today to do more to meet the needs of the world's refugees, in his final address as president to the annual United Nations summit in New York. (USA Today)
Against the backdrop of the U.N. gathering, billionaire investor George Soros is pledging to invest up to $500 million in programs and companies benefiting migrants and refugees fleeing life threatening situations. (CNBC)
Donald Trump Jr. set off Twitter outrage, comparing Syrian refugees to poisonous Skittles candy. His tweet read: "If I had a bowl of skittles and I told you just three would kill you. Would you take a handful? That's our Syrian refugee problem." (CNBC)
The possibility of a Donald Trump victory over Hillary Clinton, although still small, has risen among U.S.-based business leaders, while expectations that Clinton will assume the presidency have fallen. (CNBC)
George H.W. Bush, who lost his presidential re-election campaign to Bill Clinton in 1992, plans to vote for Hillary Clinton. That's according to Kathleen Kennedy Townsend, the former Maryland lieutenant governor. (Politico)
The federal government is issuing new self-driving vehicle guidelines. Effective immediately, the rules tell automakers, suppliers, and tech firms what's expected as they develop and deploy automated technologies. (CNBC)
In prepared testimony, Wells Fargo Chairman and CEO John Stumpf plans to tell the Senate Banking Committee at a hearing today he's "deeply sorry" for the unauthorized account scandal, and takes "full responsibility." (NY Times)
Samsung said its investigation into one of two reports of Galaxy Note 7 fires in China found no battery problem. The electronics giant announced a global recall of 2.5 million devices due to complaints of batteries burning up. (AP)
Wal-Mart (WMT) has completed its $3 billion acquisition of internet retailer Jet.com. Jet's founder Marc Lore, who's joining Wal-Mart as head of U.S. e-commerce, gets a huge payday from the deal. (Reuters)
As General Motors (GM) looks to take on Tesla's (TSLA) upcoming Model 3 mass market electric car, it set the price on the Chevrolet Bolt at $37,495, below $30,000 once a federal tax credit is applied. (USA Today)
GM and the Canadian autoworkers union announced a tentative contract deal early this morning, averting a 3,900-worker strike that would have shut some manufacturing facilities north of the border. (Reuters)
American Airlines (AAL) employees today start wearing a new uniform, the first in nearly three decades, representing one of the last transitions of the American-US Airways merger, which closed in late 2013. (USA Today)
Investors will be parsing this morning's August housing starts and building permits data for signs of excessive weakness or strength that might sway the Fed. Economists see starts falling 1.7 percent and permits rising 1.8 percent.
On the earnings front, Dow transportation component FedEx (FDX), software maker Adobe Systems (ADBE), and home builder KB Home (KBH) are out with quarterly results after closing bell on Wall Street this afternoon.
Ascena Retail (ASNA) reported adjusted profit of 8 cents per share, half of what Wall Street had been expecting. The Ann Taylor parent also warned on guidance. The stock was down more than 20 percent in the premarket.
Homebuilder Lennar (LEN) reported better-than-expected adjusted earnings of $1.01 per share. Revenue of $2.83 billion also exceed forecasts. Orders for new homes were up 8 percent.
Community Health Systems (CYH) was soaring in premarket trading; up about as much as Monday's loss on reports that the company is in talks to sell assets to Apollo Global Management (APO).
Billionaire investor Carl Icahn slashed his stake in Chesapeake Energy (CHK) by more than half. Icahn cited tax planning as the reason for the move, which reduced his stake to 4.55 percent from 9.4 percent.
Pier 1 Imports (PIR) now has hedge fund firm Alden Global Capital as a 9.5 percent shareholder. The fund said it has been in contact with the home goods retailer's management about representation on the board.
JPMorgan (JPM) is naming Berkshire Hathaway (BRK.A) investment officer Todd Combs to the bank's board.
Intel (INTC) named Bob Swan as its next chief financial officer, replacing longtime CFO Stacy Smith. Swan was eBay's (EBAY) CFO for nine years and helped guide the spinoff of PayPal (PYPL).
FedEx (FDX) plans to raise shipping rates in 2017, with an average 3.9 percent increase at FedEx Express and 4.9 percent for its ground services. Rival UPS (UPS) recently unveiled an average rate increase of 4. 9 percent.
Fast food chains are testing upscale menu items, such as a Pesto Mozzarella Melt at McDonald's (MCD) and Truffle Bacon Cheeseburgers and Bacon Truffle Fries at Wendy's (WEN). (CNBC)