Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
Amazon is reportedly getting into the wearables space. It would help the company learn more about customers, and potentially corner the market on a demographic of older,...Technologyread more
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
"This time, another temper tantrum, again. I pray for the president of the United States," Pelosi said. "I wish that his family or his administration or his staff would have...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
Prosecutors allege Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in exchange...Politicsread more
A majority of American adults say they are living comfortably, according to an annual Federal Reserve study on financial well-being of households. But nearly a third still...Invest in You: Ready. Set. Grow.read more
Check out the companies making headlines before the bell:
CarMax – The auto retailer reported quarterly profit of $1.09 per share, 9 cents a share above estimates. Revenue was short of forecasts, however, as same-store sales declined by 1.2 percent.
Nike – Nike reported quarterly profit of 52 cents per share, 6 cents a share above estimates. The athletic apparel and footwear maker's revenue also beating Wall Street forecasts amid strong worldwide demand. CEO Mark Parker told CNBC the ongoing trade dispute with China has not impacted its business in that country.
Hewlett Packard Enterprise, IBM – The two companies had their computer networks breached by China-backed hackers, according to a Reuters report. The hackers reportedly then went on to gain access to the networks of HPE and IBM clients.
Campbell Soup – Campbell named former Pinnacle Foods CEO Mark Clouse as its new chief executive officer. According to sources quoted by Reuters, Clouse has the support of major Campbell shareholder Third Point, which has been pushing for change and a possible sale of the company.
Credit Suisse, Deutsche Bank, UBS, Barclays – The four European banks were warned by the Federal Reserve and FDIC of flaws in their "living wills," which plan for a winding down in the event of a financial crisis.
Goldman Sachs — Singapore has expanded its criminal probe over Malaysian investment fund 1MDB to include Goldman, according to Bloomberg. And Malaysia wants Goldman to pay $7.5 billion over its involvement in 1MDB, according to a story in today's Financial Times.
Cintas – Cintas reported adjusted quarterly profit of $1.76 per share, 6 cents a share above estimates. The provider of uniforms and business supplies also raised its fiscal 2019 guidance.
Zynga – Zynga is buying a majority stake in Finland's Small Giant Games for about $700 million, in a move to bolster its mobile game lineup. The acquisition is Zynga's largest ever.
Raytheon – The defense contractor won a $568 million Pentagon contract for modifications to a Patriot missile defense system it is building as part of a foreign military sale.
Lockheed Martin – Lockheed was awarded a $997 million Air Force contract for F-16 aircraft upgrades.