The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
These are the stocks posting the largest moves midday.Market Insiderread more
The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the stock market, Bernstein says.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step in the budding hypersonic arms race between China and Russia.Politicsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Former Egyptian president Mohamed Mursi has died in court, state television reported on Monday.World Politicsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
The mystery behind who owns a $300 million French chateau appears to have been solved.
Chateau Louis XIV is a 54,000 square foot palace near Versailles which, when sold in 2015, was described by at least two reports as "the world's most expensive home."
The identity of the buyer was not revealed but the New York Times has claimed in a report that the buyer was Saudi Arabia's Crown Prince Mohammed Bin Salman.
The newspaper's investigation said the purchase ranks alongside a number of recent extravagances by the crown prince, including a $450 million Leonardo da Vinci painting and a $500 million yacht.
Bin Salman is publicly leading a modernist drive in Saudi Arabia and has successfully cultivated an image as a sweeping reformer, prepared to root out corruption. The unveiling of the prince's ownership may cause accusations of hypocrisy as he is currently demanding that Saudi Arabia's elite adopt a less lavish lifestyle.
The New York Times said that Chateau Louis XIV's ownership was concealed by various shell companies in France and Luxembourg, who were all ultimately owned by Eight Investment Company. That firm is run by the head of Bin Salman's personal foundation according the newspaper, who also detailed the prince's other lavish spending habits.
Neither Bin Salman or the Saudi government responded to requests for comment when contacted by the Times. A spokesperson for the Saudi embassy in the U.K. was not immediately available for comment when contacted by CNBC.
For more on this story please click here.