These are the stocks posting the largest moves before the bell.Market Insiderread more
U.S. stock futures pointed to a higher open on Monday as Treasury yields rebounded to quell fears of a possible recession.US Marketsread more
The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Trump said he doesn't see a recession after the bond market spooked investors and the Dow suffered its worst day of the year last week.Marketsread more
Bianco Research's James Bianco suggests Wall Street is desperately looking for a signal that a 50 basis point cut is coming next month.Trading Nationread more
Amid the headlines of stores closures and retail bankruptcies, it can be tough to accept that the U.S. consumer is doing just fine.Retailread more
U.S. Commerce Secretary Wilbur Ross said the U.S. will extend a reprieve given to Huawei that permits the Chinese firm to buy supplies from U.S. companies.Politicsread more
Dow to jump; Trump defends economy; Huawei hopes for US reprieve; Trump and Apple's Tim Cook meet; president ties Hong Kong protests to China trade disputeMarketsread more
We tested the best way to cut the airport commute time for New Yorkers. The most expensive of the four options we reviewed, Uber Copter, was only 14 minutes faster than mass...Transportationread more
The U.K. prime minister prepares to meet his German and French counterparts this week.Europe Politicsread more
Amazon is raising seller fees for thousands of small and medium-sized businesses in France because of a new digital tax passed by the French government.Technologyread more
Facebook is getting into the augmented reality (AR) advertising business, entering a space previously dominated by Snap.
Facebook announced Tuesday that it would begin offering AR ads in the News Feed. People will be able to use their mobile device's camera to participate in the experiences.
AR involves superimposing computer-generated images on top of real-world video or camera images, and was first popularized by the Pokemon Go mobile video game in 2016. More than 80 million people in the U.S. use AR monthly, according to The Boston Consulting Group. That figure is projected to hit 120 million by 2021.
Snap is considered the industry leader in AR ads, and allows opportunities like sponsoring popular Snapchat filters called Lenses. Apple is also betting on AR technology, including encouraging developers to make content for the technology using its ARKit.
One Facebook AR ad test from Michael Kors let people try on a pair of their sunglasses virtually. Sephora, NYX Professional Makeup, Bobbi Brown, Pottery Barn, Wayfair and King will debut experiences this summer.
“People now expect a personalized and visually inspiring experience wherever they shop — whether on their phone or in-store, which is why video will play an increasingly important role in the mobile shopping experience, " Ty Ahmad-Taylor, vice president of product marketing at Facebook's global marketing solutions division, said in a statement. "In fact, we're already seeing video become the preferred medium for product discovery on mobile. As retailers prepare for their biggest shopping season of the year, we're excited to introduce new products that will help them both delight and inspire shoppers, and ultimately drive sales.”
Facebook has been copying many of Snap's features, especially on Instagram, and it seems to be working. Instagram Stories, Facebook's Snapchat clone, now has double the amount of users as Snap's app.
Facebook also announced a Video Creation Kit to help brands make mobile-first video ads, as well as expanded its click-to-buy Shopping on Instagram feature to any company that has shopping enabled on the platform.