The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
United Airlines will take its 14 Boeing 737 Max jets off its schedule for another month, through Aug. 3, canceling another 1,290 flights.Airlinesread more
Trade could be a big factor for markets in the week ahead, but investors will also be attuned to fresh inflation data and the bond market, which is flashing new worries about...Market Insiderread more
Mississippi is one of several states that have moved to pass new restrictions on abortion this year.Politicsread more
Check out the companies making headlines before the bell:
Micron Technology– Micron reported adjusted quarterly profit of $3.53 per share, beating the consensus estimate of $3.34 a share. The chipmaker's revenue also topped forecasts, however the stock erased an initial gain after company executives said U.S. tariffs on China goods would impact its financial results for as much as one year.
McDonald's – McDonald's increased its quarterly dividend to $1.16 per share from $1.01, a rise of 15 percent. The restaurant chain has now increased its dividend for 42 straight years.
AT&T – UBS upgraded the stock to "buy" from "neutral," saying the stock is trading near all-time low valuations and a wide gap to rival Verizon. UBS believes AT&T will return earnings growth for the second half of this year.
Texas Instruments – Texas Instruments increased its quarterly dividend to 77 cents per share from 62 cents, a jump of 24 percent. The semiconductor maker also announced a new $12 billion stock repurchase program, on top of $7.4 billion remaining from a previously authorized program.
Walmart – Walmart said new U.S. tariffs on Chinese imports may prompt the retailer to raise prices, according to a letter from Walmart to U.S. Trade Representative Robert Lighthizer that was seen by Reuters.
Adobe Systems – The software maker will buy marketing firm Marketo from private-equity firm Vista Equity Partners for $4.75 billion. CNBC had reported Thursday that the deal was imminent, with Marketo intended to complement Adobe's digital marketing business.
American Airlines – American is the latest airline to announce it is raising checked baggage fees by $5, joining Delta Air Lines, United Continental, and JetBlue. The first checked bag will cost $30, with a second bag costing $40.
Wells Fargo – Wells Fargo plans to cut its headcount by 5 to 10 percent over the next three years, as the bank aims to reduce costs by $4 billion by 2020. Wells Fargo currently employs around 264,500 workers.
United Natural Foods – United Natural fell 9 cents a share short of consensus estimates, with adjusted quarterly profit of 76 cents per share. The food distributor's revenue also miss Street forecasts, hurt by higher transportation costs, among other factors.
Steelcase – Steelcase reported adjusted quarterly profit of 36 cents per share, 7 cents a share above estimates. The office furniture maker's revenue also came in above analysts' projections, and Steelcase forecast better-than-expected results for the current quarter.
Tesla – Tesla's vice president of global supply management, Liam O'Connor, has resigned, according to a Bloomberg report. O'Connor is the fifth senior executive to leave the automaker within a few weeks.
Under Armour – Under Armour was upgraded to "neutral" from "underweight" at J.P. Morgan Securities, with the firm saying it believed the athletic apparel maker will meet consensus earnings estimates for fiscal 2018 and 2019.
Acuity Brands – Acuity Brands was raised to "outperform" from "market perform" at Wells Fargo. Wells expects the lighting and building management systems company to beat consensus earnings expectations over the next several quarters.