Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
These are the stocks posting the largest moves midday.Market Insiderread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions in its benchmark rate.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
The service will be available on popular platforms such as Apple TV, Google Chromecast and Roku, but not Amazon's Fire TV.Technologyread more
"If he had brought all of his data to the SEC first, he would reap potentially, up to 30% of the potential recovery," says former SEC Chairman Harvey Pitt.Investingread more
The companies have been working under an extension agreement after the previous contract expired in November. The new agreement is the first between the two since Marriott became the world's largest hotel company following its acquisition of Starwood Hotels in 2016.
According to two people familiar with the matter, Marriott was able to negotiate a commission rate with Expedia. The last reported rate was 12%. Last year, Marriott CEO Arne Sorenson told Reuters that the company was trying to cut commissions for online travel agencies, which can take a large bite out of hotels' profits.
Expedia's stock rose 1.4% in premarket trading Thursday, while shares of Marriott remained flat.
The deal will continue Marriott's arrangement with Expedia for booking last-minute guests, as well as expanding Expedia's role with Marriott's leisure packaging platform. In the fourth quarter, Marriott and Expedia plan to launch a distribution arrangement that deals with more than just last-minute bookings.
—CNBC's Seema Mody contributed to this report.