Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
A temporary airspace closure forced flights coming into Dubai from Australia, Singapore and India to be diverted to nearby airports.Airlinesread more
Schiff had previously shied away from calling for impeachment, but his comments on CNN's "State of the Union" indicate his stance has shifted.Politicsread more
U.S. stock index futures pointed to a slightly higher open on Tuesday, as the Federal Open Market Committee (FOMC) starts a two-day policy meeting.
Dow Jones industrial average futures rose 53 points, while S&P 500 futures gained 2 points.
In the previous session, U.S. equities closed in the black, bouncing back from earlier weakness seen when news emerged that a terror incident had happened near New York City's Times Square. A low tech device exploded at New York's Port Authority, which injured four people, including the suspect who was taken into custody.
On the data front, the producer price index (PPI) rose 0.4 percent in November. Economists expected an increase of 0.3 percent. In earnings, MongoDB and VeriFone are expected to report after the bell.
Meantime, the FOMC will begin the first day of its two-day monetary policy meeting. The central bankers are expected to deliver a decision on interest rates at the end of the two-day event on Wednesday, where investors expect the Federal Reserve to raise rates for one more time this year.
In October, Fed minutes showed that a rate hike was all but certain during this holiday month, despite the low level of inflation. The Fed could also deliver its own thoughts on the state of the tax bill during the meeting.
Elsewhere, a handful of European finance ministers called upon U.S. Treasury Secretary Steven Mnuchin for the U.S. to reconsider the current proposals surrounding the tax overhaul, according to a letter seen by Reuters. Ministers argued that elements of the reform could negatively impact international trade and the financial sector.