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
President Donald Trump, fresh from a round of diplomacy with Japan's prime minister, renewed a feud with billionaire Mark Cuban on Sunday, a familiar foil with whom he's sparred in the past.
As the world grappled with North Korea's latest act of aggression —firing off a new ballistic missile—Trump harangued the outspoken investor in a series of early morning tweets. Along with defending his crackdown on immigration, Trump blasted Cuban as being "not smart enough" to be leader of the free world.
The president also took a swipe at recent court decisions that dealt stinging blows to his travel ban, which he insists is necessary for national security purposes.
For his part, Cuban —who supported Democratic contender Hillary Clinton in the general election—dismissed the broadside with a simple "LOL". However, Cuban then tweeted an image of a 2016 letter he wrote to Trump, offering him support while imploring him to master the issues he would face as president.
It wasn't immediately clear why Trump lashed out at Cuban, seemingly without provocation, but the two billionaires have a lengthy and checkered history of exchanging trash talk.
At the height of the general election, the Dallas Mavericks owner was once approached by a group of dissident Republicans to run as an independent candidate, a move Cuban ultimately ruled out. Trump has made sport of name-calling Cuban on social media, at one point referring to him as "dopey." Cuban often downplays Trump's insults, or responds with thinly veiled criticism.