Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials voted in favor of an ordinance that prohibits the sale of any...Health and Scienceread more
See which stocks are posting big moves after the bell on June 25.Market Insiderread more
Check out the companies making headlines before the bell:
Oracle — Famed value investor Warren Buffett's Berkshire Hathaway reported a 41.4 million share stake of the computing giant as of the end of September, according to a regulatory filing with the Securities and Exchange Commission. Oracle represents one of just two major tech stakes Berkshire holds, including iPhone maker Apple.
J.P. Morgan Chase —Berkshire Hathaway also revealed a new position in J.P. Morgan Chase in its third-quarter 13-F filing. The "Oracle of Omaha" is now very much long the U.S. banking system, with 35 million shares of JPM stock with a value of $4 billion. Buffett has positions in Wells Fargo, Bank of America, Goldman Sachs, U.S. Bancorp, and Bank of New York Mellon.
PG&E — The utility was set for another down day following a 21 percent decline on Wednesday. The company posted its worst day in more than 16 years after it said its insurance wouldn't cover its cost if it's found responsible for the so-called Camp Fire raging in Northern California.The utility company disclosed that it submitted an "electric incident report" to the California Public Utilities Commission on November 8, just before the wildfire. The stock is down 46 percent over the last week.
Walmart — The retail giant reported third-quarter profits 7 cents a share better than Wall Street expected but fell short on revenue, according to a Refinitiv survey of analysts. Walmart raised its full-year forecast for earnings and same-store sales, citing confidence in the coming holiday season.
Ford — Ford is road-testing autonomous vehicles in Miami, Florida, in a partnership which the automaker hopes will help it capitalize on the ride-share and business delivery sectors.
Cisco Systems — The internet hardware and software manufacturer reported better-than-expected earnings and revenue. Chairman and CEO Chuck Robbins told CNBC that he is "optimistic" on the U.S.-China trade dispute, which has caused Cisco to implement "some price increases."