Representatives from the Chinese side say they think it likely that Chinese President Xi Jinping will attend the G-20 meeting later this month. But in order to reach a trade...China Economyread more
Software engineers straight out of college often make six-figure salaries, not counting equity compensation.Technologyread more
Wall Street, though, is clamoring for a rate cut, with an 85% chance of a move in July and a 61% probability of three reductions by year's end.The Fedread more
A company spokesperson said the outage was the result of a "an internal technology issue" and was not security related.Retailread more
The flattening of the yield curve is exuding a bad omen for the stock market if history is any guide.Marketsread more
Using MIT's living wage calculator, CNBC Make It mapped out the minimum amount a single parent must earn to meet their basic needs without relying on outside help in every...Earnread more
Hong Kong Chief Executive Carrie Lam announced at a press conference on Saturday that a contentious bill to allow extraditions to mainland China has been put on hold.China Politicsread more
Stratolaunch, the world's largest airplane, which flew once, is up for sale, sources familiar told CNBC.Investing in Spaceread more
Transparency is key… or is it? With the first-ever non-transparent, actively managed exchange-traded fund receiving approval from the SEC, "ETF Edge" goes straight to the...ETF Edgeread more
Mired in a crisis over its best-selling 737 Max plane, Boeing could hand the spotlight over to its rival Airbus at the Paris Air Show.Airlinesread more
A new update to the Apple Watch called watchOS 6 will notify you if the environment you're in is too loud and could damage your hearing.Technologyread more
President Donald Trump has become increasingly frustrated with his advisors tasked with crafting a new strategy in Afghanistan and recently suggested firing the top U.S. military commander there during a tense meeting at the White House. (NBC News)
* Moscow calls new U.S. sanctions bill a full-scale 'trade war' (Reuters)
* Iran says new US sanctions violate nuclear deal, vows 'proportional reaction' (Reuters)
New White House Chief of Staff John Kelly, the retired general and former Homeland Security secretary, called Attorney General Jeff Sessions to reassure him that his job was safe, despite the recent onslaught of criticism he has taken from the president. (AP)
* Memo from ousted Scaramucci outlines ambitious plans he had for press office (AP)
* Scaramucci's White House job could end up costing him $7.5 million (USA Today)
* Scaramucci to hold online event tomorrow to tell his story (CNN)
More voters than ever are dissatisfied with Trump's performance, according to new Quinnipiac University poll. Just 33 percent of respondents approved, while 61 percent disapproved. Trump's approval rating is down 7 percentage points from late June. (CNBC)
* Trump supports immigration bill that could have negative economic impact (CNBC)
* Trump, responding to reports, says he never called White House a 'dump' (AP)
Fueling speculation that Mark Zuckerberg might one-day enter politics or even run for president, the Facebook co-founder and his wife, Priscilla Chan, hired a Democratic pollster and former top advisor to President Barack Obama as a consultant. (Politico)
* Starting today, Facebook rolls out a 'related articles' feature (WSJ)
Hackers cashed out early this morning on more than $143,000 worth of bitcoin relating to ransoms paid from the massive WannaCry cyberattack earlier this year, according to London-based startup Elliptic that helps law enforcement. (CNBC)
Kabbage, a billion-dollar startup that's become a key lender for small businesses, has raised $250 million in venture capital from Japan's SoftBank Group. The funding brings Kabbage's total equity funding raised to nearly $500 million. (CNBC)
Microsoft (MSFT) is testing a Windows 10 feature that would allow users to control features of the operating system with their eyes. The new feature is aimed at "empowering people with disabilities to operate an on-screen mouse, keyboard, and text-to-speech." (CNBC)
Researchers have found a way to reliably remove disease-causing mutations from human embryos, raising the possibility of protecting babies from a variety of conditions and renewing concerns that some might try to design babies with certain traits. (NY Times)
Aetna (AET) scored a sizable beat, earning an adjusted $3.42 per share for the second quarter compared to estimates of $2.35. Revenue also beat forecasts, with the insurer benefiting from strong performance from its core businesses as well as cost controls.
Teva Pharmaceuticals (TEVA) fell 4 cents short of estimates with adjusted quarterly profit of $1.02 per share, while revenue fell short as well. The drugmaker cites weaker than expected performance in its U.S. generics business, among other factors.
Yum Brands (YUM) reported adjusted quarterly profit of 68 cents per share, 7 cents above estimates, while revenue also beat forecasts. Sales were higher at Taco Bell and KFC, although they fell at Pizza Hut. Worldwide same-store sales were slightly above forecasts.
Cheesecake Factory (CAKE) beat estimates with quarterly earnings and matched on revenue. Same-restaurant sales fell 0.5 percent, breaking 29 straight quarters of growth. The firm also warned on guidance.
Dish Network (DISH) earned an adjusted 69 cents per share, 6 cents below estimates, while revenue missed as well. However, its net subscriber losses were smaller than analysts had anticipated.
Fitbit (FIT) lost 8 cents per share, a smaller than expected quarterly loss. The wearable fitness device maker's revenue also was better than expected, thanks to increased demand for newer models and higher prices.