The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
These are the stocks posting the largest moves midday.Market Insiderread more
It's about time to write off high-growth tech stocks, Goldman warns, saying software carries the highest multiples since the tech bubble.Marketsread more
Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley.Tobaccoread more
Former Egyptian president Mohamed Mursi has died in court, state television reported on Monday.World Politicsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Boeing says the airline industry will need 44,000 new commercial airplanes by 2038. The market value of those planes would reach $6.8 trillion, up from $6.49 trillion...Airlinesread more
Apple is reportedly building three new iPhones for 2020, including two with 5G. It may also slightly change the screen sizes of the new iPhones.Technologyread more
Sotheby's announces it has signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Overall, extortion by email is growing significantly, according to the FBI's Internet Crime Compliant Center (IC3). Last year, these complaints rose 242% to 51,146 reported...Technologyread more
Here are the biggest banks in the country by assets, which is how the banking industry is measured.
The so-called merger of equals was valued at $66 billion, the biggest bank deal since the financial crisis. The combined company will operate under a new name and have around $442 billion in assets, $301 billion in loans and $324 billion in deposits.
Wall Street players have been calling for the consolidation of regional banks, including Brian Moynihan, CEO of Bank of America, who spoke about this trend at the World Economic Forum last month in Davos, Switzerland.
"The emergence will come out of the consolidation of another round of people, which still has to happen in the United States. There are 6,000 banks ... and you will find them continue to consolidate. That's the core banking world, versus the capital markets world, which has consolidated a bit," Moynihan told CNBC.
— With reporting from CNBC's Michael Bloom.