The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
Trump said he has "been thinking about payroll taxes for a long time" — and he cautioned that "whether or not we do something now, it's not being done because of recession."Politicsread more
Secretary of State Mike Pompeo privately told business executives and free traders that the trade war could end by the 2020 election and that hurdles to an immediate agreement...2020 Electionsread more
Market bull Jeff Saut told CNBC on Tuesday that the lows are in and the market is headed "much higher."Marketsread more
Home Depot CFO Carol Tome says "consumer confidence is near record high levels" but "consumer demand could be impacted" by lingering U.S.-China trade tensions.Mad Money with Jim Cramerread more
The company's stock seesawed after the markets closed Tuesday, initially swinging up by 4% before falling by about 2%.Retailread more
VMware has become accepting of the corporate rush to the cloud. A new acquisition could help it make more revenue as companies adopt a modern approach called serverless...Technologyread more
President Donald Trump believes he has quite the bargaining chip with the European Union.Marketsread more
The United States does not have a defense against hypersonic weapons, which can travel at least five times the speed of sound, or a little more than a mile per second....Defenseread more
U.S. stock futures were lower this morning after the Dow finished more than 400 points above its session low. Trade tensions continue to weigh on investor sentiment, with the Dow and S&P 500 down in three of the past four days and the Nasdaq declining in four of the past five sessions. (CNBC)
Anadarko Petroleum (APC) said Occidental Petroleum's (OXY) $38 billion takeover bid is superior to the deal it had in place to be bought by Chevron (CVX). It has notified Chevron that it is determining the deal, with Chevron now having four days to respond with another offer should it decide to do so. (CNBC)
* Buffett says Occidental Petroleum investment is a bet on oil prices over the long term (CNBC)
Allergan (AGN), Dean Foods (DF) and Mylan (MYL) are among the companies out with quarterly earnings this morning. Lyft (LYFT), Papa John's (PZZA), Sprint (S), TripAdvisor (TRIP) and Western Union (WU) are among the companies that issue numbers after today's closing bell. (CNBC)
On the data front this morning, the Labor Department is out with its JOLTS report for March at 10 a.m. ET. It's expected to show that U.S. employers had about 7.25 million job openings as of the end of that month. (CNBC)
Chinese Vice Premier Liu He is expected to join a delegation in the U.S. this week, a potentially positive sign for a trade agreement between the U.S. and China even as the Trump administration says it will hike tariffs on Friday. (CNBC)
* Trump reignites the China trade war — here's how we got here (CNBC)
* Chuck Schumer urges Trump to 'hang tough on China' (CNBC)
Treasury Secretary Steven Mnuchin said he will not allow President Donald Trump's tax returns to be released to Congress. He said he's determined that the request from Democrats "lacks a legitimate legislative purpose." (CNBC)
Michael Cohen entered federal prison to begin his three-year sentence for crimes including ones he said he committed to benefit his former client, Trump. The president has said Cohen lied about him in a bid to win a reduced criminal sentence. (CNBC)
* Trump pardons man convicted of killing an Iraqi prisoner (USA Today)
Amazon (AMZN) is bringing its cashier-less convenience store to New York. And it will also mark the first time this type of store, called Amazon Go, accepts cash. The company faced some backlash over "discrimination" concerns. (CNBC)
* Walmart opening dozens of vet clinics in stores, launching online pet pharmacy (CNBC)
Google CEO Sundar Pichai is expected to showcase much-anticipated updates to the company's hardware lines and artificial intelligence today, during his keynote at the Alphabet (GOOGL) company's annual I/O conference for software developers. (AP)
* Apple and Google remove three dating apps for letting kids under 13 sign up, FTC says (CNBC)
After exiting Beyond Meat, Tyson Foods (TSN) said that it will roll out its own plant-based meat substitutes beginning this summer. Plant-based proteins have been gaining in popularity, even among those who also eat meat. (CNBC)
uBiome, a start-up that sells health tests, said that it is suspending clinical operations for its health tests, including SmartGut and SmartJane. That decision follows the news that the FBI searched the company's San Francisco offices. (CNBC)
A new government study found several active ingredients in popular sunscreens are absorbed into the body rather than just sitting on the skin. At present, no one knows whether the chemicals tested by the FDA are harmful. (NBC News)
Hertz Global (HTZ) reported a quarterly loss of 99 cents per share, smaller than the $1.33 per share loss that analysts had been predicting. The car rental company's revenue was essentially in line with estimates.
AIG (AIG) earned an adjusted $1.58 per share for the first quarter, well above the $1.06 estimate. The insurance company's revenue also came in above Street forecasts, and its general insurance operation saw an underwriting profit for the first time in a decade.
PepsiCo (PEP) will invest about $4 billion in Mexico over the next year in conjunction with Mexican partner Grupo Gepp, with part of that investment going to a new $109 million plant.
Pioneer Natural (PXD) reported adjusted quarterly profit of $1.83 per share, beating estimates by 22 cents, though revenue was below forecasts. The energy producer also announced it sold various assets to focus solely on its operations in the Permian Basin.
Gluu Mobile (GLUU) earned an adjusted 5 cents per share for the first quarter, matching forecasts, while the mobile game developer saw revenue come in above estimates. It also said three new games — "WEE Universe," "Diner DASH Adventures," and "Disney Sorcerer's Arena" — are set to launch over the next few months. However, Gluu also gave weaker-than-expected guidance for both the second quarter and the full year.
Mosaic (MOS) beat estimates by a penny with adjusted quarterly profit of 25 cents per share, with the fertilizer producer's revenue also coming in above analyst forecasts. The better-than-expected results came despite poor weather which boosted Mosaic's costs.
Boeing (BA) was downgraded to "equal weight" from "overweight" at Barclays, which thinks passengers will try to avoid flying 737 Max jets for longer than anticipated.
Celebrities, including Lady Gaga, Harry Styles and Cardi B, dressed up in extravagant outfits and posed on the red carpet last night for this year's Met Gala. See what the stars wore via The New York Times.
HBO said in a statement that the modern-day "latte" that appeared in Sunday night's episode of "Game of Thrones" was a mistake. "Daenerys had ordered an herbal tea," HBO said. (CNBC)