Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread 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
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
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
Wild market swings claimed plenty of victims last week, but Cornerstone Macro's Carter Worth says Home Depot is poised for a big breakout.Options Actionread more
The conglomerate's head of investor relations released a more detailed statement about accounting practices under fire from Harry Markopolos.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
Goldman notes that high-dividend payers are trading at their largest valuation discount in nearly 40 years.Marketsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Sources told CNBC that federal officials reached out to 18 state AGs and sent a draft complaint to at least seven of them, but so far no states have committed join the case. The DOJ is still likely to bring one, the sources said.
The $85 billion merger was announced last year but has dragged on as the government reviews it for anti-trust matters.
CNBC earlier reported last week that the government could sue to block a transaction unless AT&T agrees to sell Turner Broadcasting, owner of the CNN cable news channel, or its DirectTV division. But the Justice Department has pushed back on the idea it is trying to force a sale of either of those assets, and AT&T's CEO has said he has no intention of selling CNN.
Last year, the Justice Department under the Obama administration teamed up with 11 states to challenge Anthem's $54 billion acquisition of Cigna, and with eight states to block Aetna's $37 billion of Humana. Both deals were canceled earlier this year.