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
Foot Locker, up 22 percent, was the most actively traded among stocks listed on the New York Stock Exchange.
Brokerages including Jefferies and Wedbush raised their price targets on Shoe Carnival's shares by $2 to $22 and $27, respectively, as they expect improved performance in 2018.
"It is clear to us the SCVL team is managing its business exceptionally well. SCVL's willingness to plan purchases appropriately (boots are planned down 10 percent for the season) resulted in inventory levels down 4.3 percent on a per-store basis at 3Q17-end," Susquehanna analyst Sam Poser said.
The strong results come as bankruptcies of peers such as Sports Authority, Sports Chalet and changing shopping habits of consumers in favor of e-commerce websites have forced sporting goods retailers to slash prices to clear out the excess stockpile of inventory.
Shoe Carnival and Hibbett raised their full-year comparable store sales forecasts.
Shoe Carnival's third-quarter same-store sales jumped 4.4 percent, much higher than the 0.4 percent increase in the second quarter.