These are the stocks posting the largest moves before the bell.Market Insiderread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
The Iranian Intelligence Ministry held a briefing on Monday where they announced the alleged spies were Iranian citizens but trained by the CIA.World Newsread more
Equifax will pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive over 2017 data breach, U.S. regulators said in a...Technologyread more
Two traders say Boeing's on the path to recovery.Trading Nationread more
Bridgewater Associates's flagship fund reportedly posted one of its worst first-half performances in two decades.Hedge Fundsread more
The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Shares of Micron rose on Monday following an upgrade to buy from neutral from Goldman Sachs, citing a faster-than-expected deceleration in memory chip production.Investingread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Comments from Federal Reserve Chairman Jerome Powell sent bond yields lower even after the Fed hiked interest rates.
Asked what could spur the Fed to increase the federal funds rate even faster, Powell said the central bank would need to move more quickly to raise rates if inflation "surprises to the upside."
"We don't see that," Powell said. "It's not in our forecasts."
The yield on the 10-year Treasury moved to session lows following the comment.
One of the Federal Reserve's main jobs is to keep a lid on inflation, and Powell indicated that's not a very difficult task right now.
While there has been scattered evidence of price pressures, the central bank chief said there's no evidence of fundamental inflation building up in the economy.
The Fed is tasked with keeping inflation around 2 percent. Powell noted that headline inflation as measured by the Fed's preferred gauge is around 2.3 percent.
Projections released Wednesday from FOMC members indicated that inflation will hold around 2.1 percent for 2018, edge lower to 2 percent in 2019 then hold at 2.1 percent for two years before settling into 2 percent over the long run.
Asked whether tariffs imposed by the U.S. and China on each other's goods was having an impact on inflation, Powell said there are some signs but nothing lasting so far. "We're hearing talk of labor shortages, of labor costs, what amounts to supply-side constraints, but we're not seeing it," he said.