Iran is pushing boundaries amid rising tensions in the Gulf, but President Trump has so far not been "compelled" to retaliate militarily, analysts say.World Politicsread more
The deal could be announced as soon as next week, according to the report.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
The U.K. will find out who its next prime minister will be on Tuesday.Europe Politicsread more
UBS announced a net profit of $1.4 billion for the second quarter of 2019.Earningsread more
Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
Michael Kugelman from the U.S.-based Wilson Center says other issues take precedence in the bilateral dialogue between the United States and Pakistan — namely, Afghanistan and...Asia Politicsread more
Beijing says it can still meet its 2019 growth target of between 6% and 6.5% and continues to roll out stimulus measures to prop up activity. China set a 2019 industrial...China Economyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific edged up on Tuesday, as investors await closely-watched central bank meetings in the coming days.Asia Marketsread more
The drop in health insurance stocks after the landmark partnership announcement by Amazon, Berkshire Hathaway and J.P. Morgan Chase is a buying opportunity, according to one Wall Street firm.
The three companies announced a partnership on Tuesday to devise ways to cut health-care costs and improve services for their 1.1 million employees. The firms will launch an independent outfit initially targeting technology solutions, with the intention to be an umbrella firm that would be "free from profit-making incentives.
"While we do not want to discount the clout that these entities potentially bring to the table, it is entirely too early to cede victory to the yet unnamed venture," Cantor Fitzgerald analyst Steven Halper wrote in a client note entitled "Amazon/Berkshire/JPM Joining Forces; More Bark than Bite at this Point."
The analyst expressed doubt on the venture due to the lack of industry management experience of the executives put in charge of the new organization such as Berkshire's Todd Combs, a former hedge fund manager.
"This is not a new concept within the healthcare benefits world. These companies are probably self insured and already use a wide range of solutions to administer benefit solutions to their employees," Halper wrote in an email to CNBC. "We do not believe this represents a new competitive threat to the managed care companies at this juncture."
The analyst reiterated his overweight ratings for Anthem, United Health and Centene.