Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The red-hot market for new public companies in 2019 like Beyond Meat and Chewy could spell bad news for the stock market, Bernstein says.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Mursi, a top figure in the now-banned Muslim Brotherhood, had been in jail since being toppled by the military in 2013 after barely a year in power following mass protests...World Politicsread more
U.S. government debt yields rose on Monday after the United States and Canada reached a last-minute deal on trade late Sunday evening.
The yield on the benchmark 10-year Treasury note was higher at around 3.085 percent at 4:26 p.m. ET, while the yield on the 30-year Treasury bond was up at 3.236 percent. Bond yields move inversely to prices.
Canada and the U.S. secured a trade deal to replace the current North American Free Trade Agreement (NAFTA). The accord is expected to be named the United States-Mexico-Canada Agreement, or "USMCA" for short, according to a senior official from the U.S. administration.
The agreement is expected to deliver more market access to dairy farmers in the U.S., while Canada has agreed to a negotiation that effectively caps automobile exports, to the States. Both nations, along with Mexico – which agreed to a deal earlier this year – are expected to sign the agreement by the end of next month. It would then be passed to Congress for submission.
On Monday, Boston Fed President Eric Rosengren attended the NABE 60th Annual Meeting in Boston, Massachusetts while Atlanta Fed President Raphael Bostic was at the Inclusive Economic Development Council Conference in Atlanta, Georgia.
These speeches come less than a week after the Federal Open Market Committee decided to raise interest rates by a quarter point.
Elsewhere, investors will be keeping an eye on news surrounding the Supreme Court nominee, Brett Kavanaugh, as the nominee's future at the federal courthouse is called into question, amid allegations of sexual misconduct.