As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Vice President Pence's sit-down with CNBC's Joe Kernen comes as President Donald Trump's White House navigates a forest of thorny political issues.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
Jim Chanos, founder of Kynikos Associates, revealed Thursday a stock he has been shorting for years: kidney dialysis company DaVita.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
Forecasters say Hurricane Jerry could pass just north of the Leeward Islands on Friday, then move between Puerto Rico and the Bahamas on Saturday and Sunday.Weather & Natural Disastersread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
U.S. stock index futures pointed to a flat open Monday, as investors looked ahead to a key vote on tax reform.
Dow Jones industrial average futures rose just 3 points, while S&P 500 were unchanged and Nasdaq 100 futures slipped 4.75 points.
The Senate is expected to vote on a bill aimed at reforming the U.S. tax code on Thursday. Investors have been eagerly awaiting tax reform since last year's election, but doubts about whether the Republican-led Congress would be able to achieve this before year-end have lingered.
President Donald Trump stated last week that his administration was going to "give the American people a huge tax cut for Christmas," according to the Associated Press.
On the data front, new home sales figures are expected to be released at 10 a.m. ET, followed by the Dallas Fed's Texas manufacturing outlook survey at 10:30 a.m. ET.
On the central bank front, two speeches by the U.S. Federal Reserve are set to take place Monday. Minneapolis Fed President Neel Kashkari will be delivering remarks at Winona State University in Winona, Minnesota.
New York Fed President William Dudley is expected to be at a moderated conversation called "U.S. Economy: 10 Years After the Crisis," organized by the University of California, Berkeley, in New York. Investors will be watching each discussion closely for any comments about the state of the U.S. economy.
On Friday, equities in the U.S. rose by the close, as investors placed bets on a strong holiday shopping season.
Consequently, investors are likely to be paying close attention to how certain retailers perform today as the Cyber Monday shopping spree commences.