The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
Trump's comments came shortly before Republican senators were set to begin a lunch where they are expected to decide whether to proceed with a vote on the Graham-Cassidy bill, despite expectations it would fail.
"We are disappointed in certain so-called Republicans."
But Trump also promised: "At some point there will be a repeal-and-replace" bill that he could sign into law.
Republicans hold 52 seats in the 100-member Senate and would need at least 50 GOP senators to vote for the bill for it to pass, assuming a tie-breaking vote from Vice President Mike Pence.
The deadline for passing the bill is Saturday.
After that, the budget reconciliation measure being used to fast-track the bill — and pass it with only a simple majority instead of the normal 60-vote minimum — will expire.
Monday's announcement by Collins that she would be the third GOP senator to buck party leaders on the bill was just the latest in a series of embarrassing failures by Republican leaders in their efforts to pass Obamacare repeal legislation.
It would be unusual for Senate Majority Leader Mitch McConnell, R-Ky., to hold a vote on a bill that his party was backing but is fated to lose.
However, it is possible that some GOP senators who support the bill will want the opportunity to publicly vote "yes" on the legislation to show constituents their commitment to repeal.
Murkowski, whose vote against a prior Obamacare repeal bill in July helped kill it, would not say how she would vote on Graham-Cassidy if a vote occurred.
Collins' announcement that she would oppose the bill came right after the Congressional Budget Office said that Graham-Cassidy, if it became law, would lead to millions more people who currently have health insurance becoming uninsured.
The CBO also said that the bill would slash spending on Medicaid — the joint federal-state program that offers health coverage to primarily poor people — by a whopping $1 trillion.
"The CBO's analysis on the earlier version of the bill, incomplete though it is due to time constraints, confirms that this bill will have a substantially negative impact on the number of people covered by insurance," Collins said Monday.