More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread more
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Companies are increasingly willing to pay for employees to go to the doctor. Uber is partnering up with Grand Rounds, a start-up that sells into the employer channel, to make...Technologyread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread more
Here are the biggest calls on Wall Street on WednesdayInvestingread more
The pilots union for Southwest Airlines says it will ask Boeing for compensation to cover legal costs and lost income for pilots due to the 737 Max grounding.Airlinesread more
Amazon announced an all-new Kindle Oasis on Wednesday morning with a feature that lets you adjust the screen to warmer tones for easier reading at night.Technologyread more
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
U.S. government debt prices were lower on Monday morning as investors monitored U.S.-Russia relations and digest new earnings reports.
The yield on the benchmark 10-year Treasury notes sat at 2.291 while the yield on the 30-year Treasury bond was slightly higher at 2.894 percent. Bond yields move inversely to prices.
A monthly index of signed contracts to purchase existing homes increased 1.5 percent in June compared to May, and May's figure was revised slightly higher, according to the National Association of Realtors.
Also on the data front, manufacturing activity across Texas rose at a faster pace in July than in June, according to the Federal Reserve Bank of Dallas's production index. The Dallas Fed's production index, a key measure of manufacturing conditions in the state, rose 11 points to 22.8, while its general business activity index edged higher to 16.8.
The White House dramas continued in the afternoon after President Donald Trump removed newly-appointed Anthony Scaramucci as communications director. The decision came at the request of John Kelly, the president's new chief of staff, according to the New York Times.
On Friday, the Kremlin has told the United States it needs to cut 755 of its staff members in Russia and further measures could be taken as a result of new sanctions against the Moscow.