Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
Democratic Rep. Maxine Waters on Tuesday requested that Facebook pause its development of Libra, an upcoming cryptocurrency that the company plans to release in 2020.Technologyread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
Stocks in Asia jumped on Wednesday morning following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Tesla loses vice president of HR and head of diversity, Felicia Mayo, one of a few black woman executives to break Silicon Valley's glass ceiling.Technologyread more
Union Pacific CEO Lance Fritz tells Jim Cramer that he is optimistic about trade relations with China, Mexico, Japan, and the EU.Mad Money with Jim Cramerread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
American Airlines pilots plan to tell lawmakers they are still concerned about fixes to grounded Boeing 737 Max planes.Airlinesread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Check out the companies making headlines before the bell:
IBM – IBM is buying Linux software distributor Red Hat for about $33 billion in cash, or $190 per share, in its biggest ever acquisition. That represents a nearly 63 percent premium over Red Hat's Friday closing price of $116.68.
HSBC – HSBC reported profit of $5.9 billion for the third quarter, higher than the $5.6 billion that analysts were expecting. Europe's biggest bank saw its bottom line benefit from stronger business in Asia, as well as cost controls.
Bloomin' Brands – The restaurant chain reported adjusted quarterly profit of 10 cents per share, 1 cent a share above estimates. Revenue was in line with expectations. The parent of Outback Steakhouse and other restaurant chains saw comparable sales rise 2.9 percent, and it raised its full-year forecast.
First Data – The payment processing company fell 2 cents a share short of Street forecasts, with revenue above forecasts. First Data cut its full-year earnings forecast, due to the negative impact of currency fluctuations.
Booz Allen Hamilton – The technology consulting firm reported adjusted quarterly earnings of 68 cents per share, 9 cents a share above Street forecasts. Booz Allen's revenue fell slightly short of estimates, however, but the company raised its full-year earnings forecast above current analysts' estimates.
General Electric – GE shareholders are bracing for a dividend cut or suspension when GE reports quarterly earnings Tuesday morning, according to analysts who spoke to The Wall Street Journal. The paper said investors would actually take that as a good sign in that it would help GE conserve cash and use it to fix its businesses.
Tesla – Tesla shareholder Baillie Gifford & Co. said it would be willing to inject more cash into the automaker, according to a partner in the investment firm quoted by the Times of London. Baillie Gifford is the third largest Tesla shareholder with a 7.72 percent stake.
Ford Motor – Ford was upgraded to "buy" from "neutral" at Goldman Sachs, which also increased its price target on the automaker's shares to $12 from $9. Goldman said Ford would see an earnings trough in 2019, followed by improvement based on refreshments in the product line as well as cost improvements.
Apple – Apple is $7 billion behind in its royalty payments to Qualcomm, according to the chipmaker. Qualcomm made its claim in a court hearing on Friday, the latest in a series of legal actions between the two companies. Separately, Jefferies initiated coverage of Apple with a "buy" rating, saying the iPhone will serve as the foundation for "massive" recurring services revenue.
Ralph Lauren – Ralph Lauren was rated "buy" in new coverage at Deutsche Bank, which said the apparel maker is in the early stages of a brand turnaround with an improvement in profitability already apparent.
Electronic Arts – Electronic Arts was downgraded to "sector weight" from "overweight" at KeyBanc, citing diminished confidence in the videogame maker's product pipeline and the expectation of downward revisions in earnings estimates.