Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Warren's election reform proposal includes standardized federal election rules, increased federal oversight of elections, and a constitutional amendment guaranteeing voting...Politicsread more
Apple's iOS 13 is coming this fall, but you can already try it on your iPhone with the new public beta. Here are some of the best hidden features.Technologyread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index.Economyread more
Investors plow into the precious metal amid the prospects for lower interest rates, a softer global economy and increased geopolitical tensions.Marketsread more
Check out the companies making headlines after the bell:
Shares of Take-Two Interactive fell more than 1% during extended trading on Monday after the video game company reported revenue that missed estimates and weak first-quarter guidance. The company cited lower-than-expected revenue from bookings. Take-Two gave a first-quarter revenue forecast of $310 million to $360 million, while analysts had estimated revenue of $418 million.
The company reported fourth-quarter earnings per share of 50 cents on revenue of $488 million. Wall Street analysts had expected revenue of $507 million, according to Refinitiv consensus estimates.
Shares of Tencent Music dropped more than 6% after the company reported mixed first-quarter earnings. The streaming service developer reported earnings per share of 0.72 Chinese Yuan — higher than analysts' estimates of 0.69 yuan per share — and revenue of 5.74 billion yuan, coming in just under the 5.8 billion yuan projected by analysts.
StoneCo stock jumped nearly 5% after hours, despite the company's better-than-expected first-quarter earnings. StoneCo also announced a share buyback program that will go into effect in the second quarter of 2019.
Immersion surged nearly 15% after the company announced that it settled its patent infringement litigation with Samsung, agreeing to a global patent and technology license for quarterly royalties on mobile devices. The technology company also announced that Sony will be licensing its patent portfolio for their upcoming gaming and VR controller. The company also reported first-quarter loss of 35 cents per share on revenue of $5.1 million.