The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
The Congressional Budget Office estimated Tuesday that the national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency...Economyread more
Investors are piling into gold, sending the precious metal to a six-year high on Monday, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump took to Twitter Tuesday to slam Iran for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
The yield on the benchmark 10-year Treasury note fell below 2% on Tuesday as investors looked for safety following the release of much weaker-than-expected confidence data.Bondsread more
More than 150,000 former students of for-profit colleges filed a lawsuit against the U.S. Department of Education and Education Secretary Betsy DeVos on Tuesday, claiming the...Personal Financeread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Amazon announces that Amazon Prime Day will last for two days, starting July 15.Technologyread more
Buyers pulled away from the builders in May, even as affordability improved, thanks to lower mortgage rates.Real Estateread more
Allergan shareholders will receive 0.8660 AbbVie shares and $120.30 in cash for each share held, for a total value of $188.24 per Allergan share.Biotech and Pharmaceuticalsread more
CNBC's Carl Quintanilla reports from Hanoi, ahead of the Trump-Xi trade meeting, to look at Vietnam's manufacturing boom and whether it can be sustained.Economyread more
Check out the companies making headlines before the bell:
Hasbro – The toy maker earned 48 cents per share for the second quarter, well above the consensus estimate of 29 cents. Revenue was also well above estimates. The performance came despite a drop in profit and revenue from a year ago due largely to the bankruptcy and liquidation of the Toys R Us chain.
Halliburton – The oilfield services company matched Street forecasts with earnings of 58 cents per share, while revenue beat estimates. Revenue was up 24 percent from a year earlier, amid higher oil prices and producers putting more rigs in operation.
Cal-Maine Foods – The nation’s largest egg producer beat estimates by a penny a share, with quarterly profit of $1.48 per share. Revenue fell below Street forecasts, however. Cal-Maine said the market may see additional pricing pressure to due to an expected increase in the U.S. laying hen flock and potential excess egg supply.
Fiat Chrysler — Chief Executive Officer Sergio Marchionne has been replaced, after suffering complications from shoulder surgery. Jeep division chief Mike Manley was named to replace Marchionne, who was originally scheduled to retire from the automaker next year.
LifePoint Health – The hospital operator agreed to be bought by affiliates of private-equity firm Apollo Global for $5.6 billion, including $2.9 billion in assumed debt. The price amounts to $65 per share, about 36 percent above LifePoint’s Friday closing price. The deal is helping shares of other hospital stocks, such as Community Health Systems.
GlaxoSmithKline – Glaxo is said to be considering breaking up the company, according to the Financial Times. Some of the British drug maker’s biggest shareholder had been pressing the company’s board to consider spinning off Glaxo’s consumer division.
Papa John’s International – Papa John’s has adopted a shareholder rights plan which would kick in if any shareholder amasses a 15 percent stake in the pizza maker. The plan is designed to prevent a shareholder from gaining control of the pizza chain through open market purchases, and is seen as a move to thwart founder John Schnatter, who resigned as chairman recently following reports that he had used a racial slur during a conference call.
Syntel – Syntel was acquired by French technology service company Atos for $41 per share in cash, a premium of about 4.8 percent over the Michigan-based information technology company’s Friday closing price. The total value of the deal, including assumed debt, is about $3.57 billion.
Tesla – Tesla is asking some suppliers to refund a portion of the money it has previously spent, according to The Wall Street Journal. The paper reviewed a memo sent to a supplier last week, which asked that some of the money spent since 2016 be returned, and that the fulfillment of the request was seen as essential to Tesla’s continued operation.
Philip Morris International – The tobacco producer’s stock was downgraded to “hold” from “buy” at Societe Generale, which expressed uncertainty at future market reception of reduced risk products.
Xerox – Xerox settled a lawsuit with shareholder Centerview Partners, relating to the terminated deal in which Xerox would have been combined with the Fuji Xerox joint venture between the company and Japan’s Fujifilm.