A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
U.S. stock index futures pointed to a muted open on Monday as Wall Street pored through the latest batch of corporate earnings.
Dow Jones Industrial Average futures were up 30 points, indicating a gain of 16.94 points at the open. S&P 500 futures pointed to a marginal gain at the open, while Nasdaq 100 futures slipped.
Caterpillar reported better-than-expected earnings and revenue, sending its shares up by 3.3 percent in the premarket. The Dow component also raised its full-year earnings outlook.
Bloomin' Brands, First Data and Seagate also posted stronger-than-forecast quarterly profits. AK Steel is scheduled to report Monday after the close.
In data, pending homes sales are due out at 10 a.m. ET, followed by the Dallas Fed's manufacturing survey at 10:30 a.m. ET.
This comes just days after the advance reading of the U.S.' gross domestic product (GDP) for the second quarter, which showed Friday that the economy had grown by 4.1 percent, in line with estimates.
While no speeches by the Federal Reserve are scheduled to take place Monday, investors will be gearing up for the latest Federal Open Market Committee (FOMC), which is due to take place Tuesday and Wednesday.
A policy decision is set to be announced Wednesday afternoon and should provide some insight into the performance of the U.S. economy.
Elsewhere, concerns surrounding trade will remain in focus, as investors wonder what's next for relations between the U.S. and major economies.
President Donald Trump is set to welcome Prime Minister Giuseppe Conte of Italy to the White House on Monday, where the two leaders are likely to comment on global conflicts and how to promote economic prosperity on both sides of the Atlantic.