Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
Stocks in Asia Pacific edged up in Friday morning trade as a series of developments overnight on the U.S.-China trade front dampened hopes.Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Gunfire erupted on the streets of Washington, D.C., on Thursday night and at least several people were shot, local media reported.U.S. Newsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Asian cities are on the rise and are dominant in the Fintech space.Financeread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
Shares of Lowe's dropped more than 1 percent Wednesday after JPMorgan lowered its rating on the company's stock.
The consumer environment has become "increasingly difficult," wrote JPMorgan analyst Christopher Horvers in a note to clients. Horvers downgraded the stock to "neutral" from "overweight," and gave it a price target of $72, down from a previous target of $87.
"We believe an uneven consumer environment, difficult comparisons ahead, higher exposure to big ticket spending among a declining backdrop of consumer confidence, and a stepped up promotional atmosphere lead to a challenging environment in 2017," he said.
The downgrade came after a report that consumer confidence retreated in October, after back-to-back monthly gains. Consumers felt the economy would continue to expand but a more moderate pace, according to data from The Conference Board.
A spokesperson for Lowe's did not immediately respond for CNBC's request for comment about the note.
The company's stock is down more than 11 percent year to date.