The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
Long-time blockchain technologists say Facebook's Libra digital currency will introduce billions to cryptocurrencies, but the company's problems with trust and privacy remain...Technologyread more
Valisure, an online pharmacy company, told the FDA that high levels of dimethylformamide were found in valsartan, a drug produced by Swiss drugmaker Novartis and other...Health and Scienceread more
After top congressional Democrats last night said they reached a deal with President Donald Trump to shield about 800,000 young immigrants from deportation, without the president's proposed border wall as a condition, Trump denied this morning any such deal was made. (CNBC)
President Trump will travel to Florida today to survey the damage from Hurricane Irma, which tore a massively destructive and deadly path through Florida, Georgia, and South Carolina as well as the Caribbean. (USA Today & Weather Channel)
Trump issued an order blocking a group that includes a Chinese venture capital firm from purchasing Lattice Semiconductor (LSCC), citing national security concerns. Trump's move marks only the fourth time in the past 27 years that a president has blocked a deal like this.(CNBC)
Treasury Secretary Steven Mnuchin asked for a government plane to fly to his European honeymoon earlier this year. The Treasury said Mnuchin had considered using a military plane because he needs access to secure communications. The plane request was later dropped when a secure communications option was identified. (CNBC)
A federal judge revoked the $5 million bond of convicted fraudster Martin Shkreli and ordered him jailed after ruling the notorious "pharma bro" was a danger to the public because of his offer on Facebook of cash for samples of Hillary Clinton's hair. (CNBC)
A North Korean state agency threatened to use nuclear weapons to "sink" Japan and reduce the United States to "ashes and darkness" for supporting a U.N. Security Council resolution and sanctions over its latest nuclear test. (Reuters)
*North Korea faces food shortages after intense drought and 'very bad harvest' (CNBC)
As Russian troops take part in what may be the largest military exercise since the Cold War, NATO has called on Moscow to be more "transparent" about its exercises. The main purpose of its exercise is to stimulate defense and counterattack in case of war with NATO member countries. (CNBC)
*NATO alert as Russia begins mass war games (Financial Times)
Democratic Senator Al Franken asked Apple to provide more details on the tech behind its Face ID system, which allows users to unlock their iPhone X using facial recognition. In a letter, he said, "substantial questions remain about how Face ID will impact iPhone users' privacy and security." (Tech Crunch)
* (CNBC's Mad Money)
Tesla CEO Elon Musk announced his company's "unreal" semi truck was tentatively set to be unveiled in October. Musk has already revealed some details about the project and had previously said it would be unveiled in September. (CNBC)
Musk has shared a sequence of clips demonstrating "how not to land" a SpaceX rocket. In an Instagram post, the SpaceX chief described the "sordid history" of orbital rocket Falcon 9. The rocket "eventually managed to land in one piece and stay that way," Musk said. (CNBC)
Expedia (EXPE) struck an alliance with British travel company Thomas Cook. Under terms of the deal, Expedia becomes Thomas Cook's preferred hotel provider for certain holiday sales.
Western Digital (WDC) was accused by Toshiba of "persistently overstating" its rights regarding Toshiba's planned sale of its memory chip unit. Western Digital, which is Toshiba's partner in a Japan-based chip plant, is part of a group seeking to buy the unit, although Toshiba is now leaning towards another group involving Bain Capital, Apple (AAPL), and others.
Equifax (EFX) Chief Executive Officer Richard Smith is expected to testify before a House panel October 3 on the credit reporting agency's massive data breach. This comes as nearly 40 states join a probe of the breach, which may affect as many as 143 million Americans.
Amazon.com (AMZN) is planning to build a one million square foot warehouse near Mexico City, according to a Reuters report.
Barclays (BCS) won dismissal of a class action suit brought by investors who had bought the bank's stock ahead of the 2008 financial crisis. The suit had accused Barclays of hiding its exposure to risky debt.
After years of toe-to-toe battling with a small band of critics and a fellow billionaire, Barry Diller said he's pulling the plug on his family's commitment to build and operate a $250 million performance center on an undulating pier in the Hudson River. (NY Times)