The Business Roundtable said its members forecast that growth this year will clock in at 2.3%, down from last quarter's estimate of 2.6%.Politicsread more
Activists with Black Lives Matter, who met privately with Buttigieg in the weeks after police shot and killed Eric Logan, say the 37-year-old mayor brushed off their concerns...2020 Electionsread more
Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the future.Marketsread more
Trump said he "is revoking" a federal waiver that allowed the state to craft its own rules on greenhouse gas emissions from vehicles.Politicsread more
The unspecified action comes after the U.S. accused Iran of carrying out the weekend attacks on critical Saudi oil installations.Politicsread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Drone and missile debris recovered by investigators at the Saudi Aramco attack site is proof of Iranian culpability, a Saudi defense ministry representative told media on...World Politicsread more
Four Wall Street firms downgraded FedEx after the company's poor earnings report.Marketsread more
Some worry the regulators will squander an opportunity to crack down on potentially monopolistic behavior due to their own infighting.Technologyread more
FedEx CEO Fred Smith is "basically implying that we're going to import" a global slowdown," says CNBC's Jim Cramer.Investingread more
Oil prices retreated after President Donald Trump said he ordered the Treasury Department to "substantially increase" sanctions on Iran.Energy Commoditiesread more
A daily morning look at the financial stories you need to know to start the day.
-Stock futures are sharply lower after Monday's losses. Rising interest rate fears are spooking investors. We get more earnings reports today and economic data from the Case-Shiller home price index and consumer confidence report. The yield on the 10-year Treasury Bond is mostly flat and holding at the 2.70 percent level.
HEALTH CARE PARTNERSHIP
-Amazon, Berkshire Hathaway, and J.P. Morgan Chase are teaming up to create a landmark new non-profit health care company to serve their employees. Major health insurer companies shares are down on the news.
-Just a week after President Trump announced a 30 percent tariff on Chinese solar panels, a major Chinese solar manufacturer is announcing plans to get around the tariff by opening a plant in the U.S.