Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Stocks in Asia Pacific traded higher on Friday morning, as comments from a U.S. Federal Reserve official led to rising expectations the central bank could ease monetary policy...Asia Marketsread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
Saudi Arabia's foreign minister has rejected reports suggesting a change in the kingdom's line of succession could be required following the killing of dissident journalist Jamal Khashoggi.
Citing three unidentified sources close to the royal court, Reuters reported Monday that some members of Saudi Arabia's ruling family want to prevent Crown Prince Mohammed bin Salman from becoming king.
When asked by CNBC what his message would be to those who say a regime change would be the best way forward for Saudi Arabia, Foreign Minister Adel al-Jubeir replied: "I say that's ridiculous. That's way out of line. The leadership of Saudi Arabia represented in the king and the crown prince is a red line for every Saudi — man or woman."
"The country is totally supportive of them. Every Saudi feels represented by his leadership, and every Saudi represents his leadership. These are outrageous comments that are being made and are totally unacceptable," Al-Jubeir told CNBC's Hadley Gamble on Wednesday.
Jamal Khashoggi, a writer for The Washington Post, was killed at the Saudi consulate in Istanbul on Oct. 2 during a visit to obtain documents for his wedding.
Saudi Arabia has denied claims that the crown prince had knowledge of the operation, blaming the "unfortunate accident" on the actions of rogue agents.
"The Kingdom of Saudi Arabia is unified on this issue, the Kingdom of Saudi Arabia is committed to its leadership, the Kingdom of Saudi Arabia is committed to the vision that our leaders have put forth for us in terms of Vision 2030 and in terms of moving along the path of reform," Jubeir said.
"And we will continue to move in spite of what people may or may not say."
A day before Al-Jubeir's interview, President Donald Trump affirmed his support for the kingdom and its leadership despite the international furor over the killing of Khashoggi.
Trump said oil-rich Saudi Arabia was an important political and economic ally, and he appeared to dismiss media reports that the CIA could conclude, in its own report on the death, that the crown prince had ordered Khashoggi's killing.
"It could very well be that the crown prince had knowledge of this tragic event," Trump said in the statement, though he added: "Maybe he did and maybe he didn't."