Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
"As long as President [Donald] Trump believes that the Chinese are the ones who pay the price, he's going to keep taking a hard-line approach to these negotiations," Cramer...Mad Money with Jim Cramerread more
Sens. Mitch McConnell and Tim Kaine introduced a bill Monday that would raise the minimum age to buy tobacco to 21 in hopes of curbing what regulators are calling an...Health and Scienceread more
More tit-for-tat tariffs in the U.S.-China trade war could set the global economy up for a recession, according to Morgan Stanley.Marketsread more
Jim Cramer ranks the stocks of Twitter, Snap, Pinterest and Facebook.Mad Money with Jim Cramerread more
Former Arizona Sheriff Joe Arpaio is running for U.S. Senate.
"I have a lot to offer. I'm a big supporter of President Trump," Arpaio told the Washington Examiner in a phone interview. In another interview, with liberal-leaning site Talking Points Memo, Arpaio said he didn't discuss his decision to run with either the president or White House officials.
Arpaio's candidacy sets up a potentially volatile dynamic during this year's midterm election season, as Senate Majority Leader Mitch McConnell has sought to boost more traditional Republicans over populist and nativist candidates championed by Trump and his former advisor and campaign chief Steve Bannon.
The Republicans have a razor-thin margin of 51 to 49 in the Senate, after Democrat Doug Jones last month triumphed over Republican Roy Moore in traditionally deep-red Alabama.
Pro-Trump Republican Kelli Ward is already running for the seat, and mainstream Rep. Martha McSally is expected to enter the race.
Arizona's secretary of State's office said the state doesn't hold runoff elections in case a primary winner ends up with less than 50 percent of the vote.
"Conceivably we could have a dozen candidates in a special primary election. Who knows, maybe somebody with less than 20 percent of the vote will get elected," spokesman Matt Roberts told CNBC.
The Arizona primary is slated for Aug. 28.
The Alabama special GOP primary for Attorney General Jeff Sessions' former Senate seat ended up in a runoff because no candidate reached 50 percent in the first primary vote. Sen. Luther Strange, the establishment candidate backed by McConnell who was endorsed by Trump during the primary, lost to Moore, who was supported by Bannon and eventually earned Trump's full-throated endorsement despite allegations of sexual misconduct and assault.
Moore, who is known for his anti-gay views and other hard-right positions, then lost in the main special election to former prosecutor Jones, marking the first time a Democrat won a U.S. Senate seat in Alabama in more than two decades.
Likewise, it has been more than two decades since Arizona had a U.S. senator from the Democratic Party. The Democratic field in the race for Flake's seat includes Rep. Kyrsten Sinema.
Trump beat his Democrat Hillary Clinton by fewer than 4 percentage points in Arizona during the 2016 presidential election.
Correction: This story was revised to correct Matt Roberts' title. He's a spokesman for Arizona's secretary of State.