A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Boston Federal Reserve President Eric Rosengren is lining up against an apparent push to cut interest rates, telling CNBC in an interview Friday that the central bank can...The Fedread more
The MTA reported that the 1, 2, 3, 4, 5 and 6 trains are all facing delays due to a network communications issue impacting service in both directions, NBC New York reports.Transportationread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
US officials including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow will host a meeting at the White House on Monday of semiconductor and...Technologyread more
Trump's constant berating of the Fed and its actions does not influence the central bank's decisions, Boston Fed's Eric Rosengren says.The Fedread more
The lawsuits allege J&J's talc-based baby powder contained asbestos and caused ovarian and other cancers.Health and Scienceread more
Check out the companies making headlines before the bell:
PepsiCo – PepsiCo reported adjusted quarterly profit of $1.59 per share, two cents above estimates, with the beverage and snack giant's revenue also beating forecasts. Organic revenue was up 4.9 percent from a year earlier, and the company increased its full year organic revenue growth target. PepsiCo did cut its full year earnings outlook to $5.65 from $5.70, due to the impact of a stronger dollar, compared to the current consensus estimate of $5.69.
Stitch Fix – Stitch Fix reported quarterly profit of 18 cents per share, beating the consensus estimate of four cents. However, the subscription fashion service saw revenue fall short of estimates, with the number of active customers also shy of Street forecasts.
Chevron – The energy producer was added to the "Conviction Buy" list at Goldman Sachs, which notes underperformance by Chevron even as oil prices were rising, and also thinks the risks that bearish investors are associating with the stock are overstated.
Eli Lilly – The drug maker said its experimental diabetes treatment – known as Ultra Rapid Lispro – met its primary goal in two late stage studies.
United Technologies – United Technologies received approval by US regulators for its deal to buy aviation systems maker Rockwell Collins, with the condition that it must sell two of Rockwell's businesses.
Thomson Reuters – Thomson Reuters closed its deal to sell a 55 percent stake in its Financial & Risk unit to private equity firm Blackstone. The unit is a provider of data and news to financial customers, with the deal valuing the business at about $20 billion.
KKR – KKR and fellow private equity firm Bain Capital are starting a $20 million fund to pay former employees of Toys R Us who were left unemployed when the toy retailer went out of business, according to the Wall Street Journal. The two firms – who jointly own the bankrupt company – are not required by bankruptcy law to do so.
Alphabet – Alphabet's Google unit lost a key executive, with Sridhar Ramaswamy stepping down. Ramaswamy has been head of Google's online ad business for the past five years, but is departing to join venture capital firm Greylock Partners.
General Electric – GE was upgraded to "outperform" from "sector perform" at RBC Capital, which cites the hiring of Larry Culp as the new chairman and CEO, with the price target increased to $15 per share from $13. However, widely follows J.P. Morgan Securities analyst Stephen Tusa said the move is no reason to celebrate and may indicate "serious issues at play". Tusa, who will be a guest on CNBC's Halftime Report today, reiterated his "underweight" rating for GE and his $10 per share price target.
WW – The company formerly known as Weight Watchers was added to the America's Analyst Focus list at J.P. Morgan Securities. The firm said the 30 percent pullback from a late June peak represents a compelling entry point, and that the negative reaction to the latest earnings report for the company was overblown. Separately, the company will switch its stock listing to Nasdaq from the NYSE on October 15.
Papa John's - Activist investor Legion Partners and the California State Teachers' Retirement System hold a combined 5.5 percent stake in Papa John's, according to an SEC filing. The two funds have met with board members, and Legion managing director Ted White told the Wall Street Journal that they support steps the pizza chain has taken to boost sales.
Skechers – The shoe company's stock was downgraded to "neutral" from "buy" at Citi, which is concerned about domestic sales growth as well as increased expenses.