The trade war between the United States and China has lasted for more than one year — and a resolution is nowhere in sight.World Economyread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Investors await the Fed's latest decision on monetary policy, set to be released on Wednesday stateside. The U.S. central bank is widely expected to cut rates by 25 basis...Asia Marketsread more
TransferWise posted an annual net profit of £10.3 million on revenues of £179 million.Technologyread more
Live the high life with a night's stay at Highclere Castle, the iconic stately home made famous by Downton Abbey.Spendread more
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, warns the global chief economist of the Economist Intelligence Unit.Banksread more
The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
Check out the companies making headlines before the bell:
Dell Technologies Class V – The computer maker announced a buyout of the shares that track the performance of its cloud software unit, VMWare, which itself is a publicly traded company. The deal exchanges DVMT shares for either cash or shares of a new class of Dell Technologies shares that will make Dell a publicly traded company once again.
Tesla – The automaker hit its goal of manufacturing 5,000 Model 3 sedans in the last week of the second quarter, although it did need a few extra hours to accomplish that goal with the last car rolling off the assembly line several hours after midnight Sunday morning.
KKR – KKR completed its transition from a partnership to a corporation over the weekend, which could potentially attract new investors to the private equity firm’s stock.
Facebook – Facebook gave dozens of companies special access to user data, according to documents released to Congress late Friday.
Nordstrom – Cowen downgraded the retailer’s stock to “market perform” from “outperform,” given its valuation after a recent run-up and the lack of prospects for a significant near term increase in store traffic and sales.
Nestle – The food company was urged by investor Daniel Loeb’s Third Point hedge fund to split into three divisions. Third point has a more than $3 billion stake in Nestle and wants to company to split into separate beverage, nutrition, and grocery units.
Las Vegas Sands, Wynn Resorts — Shares of the two casino operators may get a boost following news that gambling revenue in the Chinese territory of Macau rose 12.5 percent in June, the 23rd consecutive monthly gain.
Perry Ellis – Perry Ellis is about to get a $28 per share buyout bid from men’s accessories maker Randa Accessories, according to the Wall Street Journal. The fashion company already has a $27.50 per share deal in place to be taken private by founder and former executive chairman George Feldenkreis.
AstraZeneca – AstraZeneca won approval in Japan for new uses of two key cancer drugs, adding a key market for the British drug maker.
Acxiom – Acxiom is near a deal to sell its marketing solutions division to ad agency Interpublic Group for about $2.2 billion, according to a Reuters report. It had been reported last week that both Interpublic and rival Dentsu were preparing offers for the unit.
Walgreens Boots Alliance – Walgreens was downgraded to “neutral” from “buy” at Mizuho Securities, which cited a number of factors including valuation. The newest Dow component broke a six-session losing streak on Friday with a small gain, but is still down nearly 12 percent over that seven-session stretch.
Wells Fargo – The stock was upgraded to “equal-weight” from “underweight” at Morgan Stanley, which said that the passing grade for the bank in the Fed’s recent stress tests removes one of its major downside concerns.