"That's my view. They'll cut preemptively in June. That is to say Wednesday," says the Grant's Interest Rate Observer newsletter editor.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
Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
Boeing is scrambling to restore confidence in the 737 Max from regulators, customers and the flying public.Paris Airshowread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
In a rare downgrade for the stock, Imperial Capital lowered its rating for Disney to in-line from outperform and maintained its target price of $147.Investingread more
Atlassian is releasing a document that's meant to simplify the negotiation of terms for acquisitions. That way the buyer and seller can focus on more important topics, like...Technologyread more
The pizza chain's robo delivery program could add to store owners' options during peak times.Restaurantsread more
GM CEO Mary Barra promised the automaker would launch 20 models of electric cars by 2023, beginning early this year. That plan may stall. A slowdown in China, a ratcheting up...Evolveread more
Senior economists from both political parties say a rate cut may not work that smoothly even if the Fed says yes. And that poses risks to America's decade-long recovery as the...Politicsread more
Elon Musk, the CEO of Tesla and SpaceX, tweeted early on Monday morning that he "just deleted" his Twitter account.Marketsread more
At least $23 billion worth of property has been affected by flooding from Hurricane Harvey just in parts of Texas' Harris and Galveston counties, a Reuters analysis of satellite imagery and property data shows.
The number represents market value, not storm damage, and is but a small fraction of the storm's reach, as satellite images of the flooding are incomplete. Satellite imagery compiled by
researchers at the University of Colorado shows flooding across 234 square miles of Harris County and 51 square miles of Galveston County, about one-eighth of each county's land area.