Facebook's cryptocurrency project has already been met with skepticism from policymakers around the world.Technologyread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
Stone, 66, a notorious Republican political operative who has described himself as a "dirty trickster," had previously been dressed down by the judge for his public remarks...Politicsread more
The Biden team's second quarter Federal Election Commission filing shows that the campaign wrote a check of just over $5,300 on June 28 to Sheehan Associates for "strategic...2020 Electionsread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
United Airlines' second-quarter profit tops estimates but questions about the 737 Max linger.Airlinesread more
Charles Evans spoke Tuesday at CNBC's @Work Human Capital + Finance Conference in Chicago. The Fed president said he is worried about low inflation and several other issues.At Workread more
But it's important to separate this very real threat from Thiel's specific allegations about Google, which were presented without proof, and from his claims that Google has...Technologyread more
In prepared remarks for a congressional hearing, Facebook says Instagram and WhatsApp have had a greater chance to thrive after merging.Technologyread more
The speech comes as market participants are strongly anticipating a rate cut at the July 30-31 Federal Open Market Committee policy meeting.The Fedread more
The electric car company is making price cuts to some of its vehicles and announced updates to its lineup.Technologyread more
Deere reported weaker-than-expected earnings on Friday as rising costs take a bite out of the tractor company's bottom line.
Deere posted adjusted earnings per share of $2.59 for its fiscal third quarter. Analysts at Reuters expected a profit of $2.75 per share.
CEO Samuel Allen said the company "continued to face cost pressures for raw materials and freight" during the quarter, "which are being addressed through a combination of cost management and pricing actions." The cost of production as a percentage of net sales increased to 77 percent from 75.2 percent in the second quarter.
The rise in costs comes as the Trump administration engages key economic partners in a trade spat. The U.S. has already slapped tariffs on billions of dollars worth in imports from China, Europe and Mexico.
China, the European Union and Mexico have all retaliated with levies on U.S. goods.
Deere's stock fell as much as 3.7 percent before recovering to close 2.4 percent higher.
Deere also reported better-than-expected revenue for the quarter, however. Sales totaled $9.286 billion versus an estimate of $9.211 billion. The company's revenue got a boost from strong sales in its agricultural and turf business, which came in at $6.29 billion.
The company's net income also rose 42 percent on a year-over-year basis to $910 million from $642 million, thanks in part to lower corporate taxes.
—Reuters contributed to this report.