Nineteen billionaires release a letter asking the 2020 presidential candidates to support a tax on America's richest families.Economyread more
The Trump administration had argued the president has wide-ranging authority over national security matters.Politicsread more
Sen. Bernie Sanders will announce a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the...Personal Financeread more
Gold surged to its highest level in nearly six years on Monday as the prospects of lower Federal Reserve rates and lingering geopolitical tensions between the U.S. and Iran...Marketsread more
Shares of Ulta Beauty and Sally Beauty dropped on Monday after Amazon launched its own beauty store for professionals.Marketsread more
Goldman Sachs says there's still life left in value investing, especially with the Federal Reserve set to cut rates again.Marketsread more
McDonald's says it gained market share in the informal-eating-out category for the first time in five years, thanks to its nationwide launch of fresh beef.Restaurantsread more
Six women are running for president. Five of them are career politicians. Then there's Oprah-approved self-help guru Marianne Williamson.2020 Electionsread more
The major indexes have stretched to all-time highs and are riding one of their best first halves in decades.Trading Nationread more
As candidates from Elizabeth Warren and Bernie Sanders to John Delaney jockey for position in the 2020 Democratic primary, business issues will come up in the first debates.2020 Electionsread more
Check out the companies making headlines before the bell:
JPMorgan Chase – The bank reported quarterly profit of $2.34 per share, beating the consensus estimate of $2.25 a share. Revenue also beat Street forecasts. A stronger consumer business helped negate weaker results in trading operations.
Wells Fargo – Wells Fargo fell a penny shy of estimates with adjusted quarterly profit of $1.16 per share, while the bank's revenue did come in above forecast. Wells Fargo also said it was making progress in rebuilding customer trust.
PNC Financial – PNC topped estimates by 10 cents a share, with quarterly profit of $2.82. Revenue for the banking company also came in above analysts' forecasts. Results were helped by higher interest income and a drop in provisions for credit losses.
Microsoft – Macquarie upgraded the stock to "outperform" from "neutral," noting the pullback of the past two sessions and Microsoft's ongoing earnings power.
Estee Lauder – The cosmetics maker was downgraded to "neutral" from "overweight" at JPMorgan Chase, which is concerned about the impact of the US trade dispute with China on Estee Lauder's business.
Intel – Intel has reduced its stake in supplier ASML to just below three percent. Intel had originally bought a stake in 2012, along with two other semiconductor companies, to help fund ASML's next-generation lithography systems.
Tesla – Tesla said orders for its electric vehicles placed by October 15 will still be eligible for a full $7,500 tax credit. The credit begins to reduce at the conclusion of the quarter after the three-month period in which an alternative fuel carmaker sells 200,000 vehicles.
AbbVie – The drugmaker resolved a patent dispute with Sandoz over its best-selling Humira drug. Sandoz is the generic drug unit of Switzerland's Novartis. Sandoz will receive a license to sell Humira in most EU countries.
Netflix – Netflix was upgraded to "buy" from "neutral" at Citi, which said this week's sell-off has pushed the stock down to attractive levels considering its strong fundamentals and highly recurring subscription revenue.
NiSource – NiSource affiliate Columbia Gas was blamed for a recent deadly Massachusetts gas explosion. The National Transportation Safety Board said Columbia did not require repair crews to relocate pressure sensors while doing work on natural gas pipelines.
Public Storage – The self-storage company's European affiliate Shurgard priced its initial public offering in Europe at the bottom end of the projected price range. Shurgard is Europe's largest self-storage provider and is 49 percent owned by US-based Public Storage.
RH – The furniture and household goods retailer was upgraded to "buy" from "hold" at Stifel Nicolaus, which points to valuation as well as increased brand strength for the Restoration Hardware parent.
Snap, Twitter – Snap was upgraded to "buy" from "hold" and Twitter was upgraded to "hold" from "sell" at Pivotal Research, with both calls partly based on stock price drops over the past two days. Pivotal notes that the Snapchat parent does have a widening user base and that the company can improve monetization.
3M – Credit Suisse initiated coverage of the diversified products manufacturer with an "outperform" rating, citing a strong balance sheet and stable global industrial production growth, among other factors.