The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
Facebook is set for strong earnings with healthy advertising revenue growth and a stock set to pop another 22 percent over the next 12 months, according to one Wall Street analyst.
Deutsche Bank told investors to watch for 42 percent year-over-year ad revenue growth and mentions of "aggressive" investment in video content in Facebook's earnings report Wednesday. The social media giant is expected to funnel additional funding into video content over the next year in an effort to capture unrecognized revenue.
"We see upside bias to revenue and earnings estimates for 3Q and beyond," wrote Deutsche Bank analyst Lloyd Walmsley. "Despite Facebook's caution of a second half 2017 slowdown due to ad impression growth, our conversations with advertisers throughout the quarter and at AdWeek suggested that strength in ad revenues should continue."