Treasury Secretary Steven Mnuchin has concerns about Facebook's proposed cryptocurrency and its potential illicit use.Marketsread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.The Fedread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
Joe Lonsdale says his fellow Palantir co-founder Peter Thiel was "courageous" for speaking out against Alphabet's Google.Technologyread more
Wall Street analysts say it is increasingly possible the Trump administration will try using a stronger weapon in the currency wars than just presidential tweets.Market Insiderread more
Twitter has rebuilt its website from the ground up for the first time ever, here's what it looks like.Technologyread more
Amazon is expanding its empire and Morgan Stanley believes Bezos' ambitious satellite internet plan could become very lucrative.Investing in Spaceread more
Charles Schwab is in talks to buy USAA's brokerage and wealth-management operations for about $2 billion, The Wall Street Journal reported.Wall Streetread more
The talks are expected to be the most contentious in a decade amid "America first" policies from the Trump administration, a tight labor market and thousands of job cuts and...Autosread more
Check out the companies making headlines after the bell:
AK Steel plummeted more than 8 percent during after-hours trading on Monday, after missing second quarter earnings estimates. The company reported earnings of 18 cents per share, missing Wall Street estimates of 20 cents. Its reported revenues were in line with expectations at $1.75 billion for its second quarter.
Texas Roadhouse plunged more than 11 percent in extended-hours trading after missing second quarter earnings estimates. Wall Street estimated that the restaurant chain would report 67 cents per share in earnings, but the company only reported 62 cents per share for the quarter. The company also missed on its top line, reporting $629.2 million in revenue versus the $634 million expected by analysts.
Allison Transmission Holdings jumped more than 5 percent during extended-hours trading after reporting its second quarter earnings. The Indianapolis-based company beat analysts' estimates of $1.00 per share by earning $1.29 per share. The transmission manufacturer also beat sales expectations, reporting $711 million in revenue versus the $654 million expected.
Sanmina Corporation surged more than 6 percent during the extended session after reporting earnings after the bell before paring gains. The electronics manufacturer reported third quarter revenues of $1.81 billion, beating Wall Street estimates of $1.73 billion. However, the company reported lower-than-expected earnings per share of 55 cents, missing analysts' expectations of 57 cents.
Illumina was up 7 percent in after-hours trading after beating Wall Street revenue expectations for the second quarter. The genetic testing tools company reported $830 million in revenue for the quarter versus the $786.6 million estimated by analysts. Illumina earned $1.43 per share, beating Wall Street expectations of $1.11 per share.