Stocks traded higher for a second straight day on hopes the Federal Reserve chief will confirm expectations of easier monetary policy at a central banking summit this week.US Marketsread more
"My sense was we've added accommodation, and it wasn't required in my view," George tells CNBC's Steve Liesman.Investingread more
Apple plans to unveil three new iPhones in September, including two new "Pro" models and a successor to the iPhone XR, Bloomberg reported Thursday.Technologyread more
Corporate profits posted modest growth in the second quarter as companies brace for slowing global growth.Retailread more
Kraft has filed a contempt motion against the CFTC over a press release announcing the $16 million fine to settle claims of manipulating wheat prices.Food & Beverageread more
Former Prudent Bear Fund manager David Tice is urging investors to brace for a massive downturn.Trading Nationread more
A ruling against J&J could mean more big payouts in similar cases across the country.Health and Scienceread more
Democratic candidates face an August 28 deadline to qualify for the September debate.2020 Electionsread more
German Chancellor Angela Merkel said a solution to the Irish "backstop" is possible before the October 31 Brexit deadline.Europe Economyread more
Target shares closed Wednesday up more than 20%, after the retailer reported impressive profit growth and a spike in traffic that surpassed analysts' expectations.Retailread more
"If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-author says.Economyread more
The U.S. is putting its decision to relieve Huawei on hold after China suspended its purchase of U.S. agricultural products, according to a Bloomberg News report.
President Donald Trump last month agreed to give "timely licensing decisions" to allow a slew of tech companies including Google and Broadcom to sell to the Chinese telecom giant. But the latest escalation in the trade war made the administration reconsider the move, Bloomberg said, citing people familiar with the matter.
China decided to stop buying American crops in retaliation for Trump's surprise tariffs threat last week. It also allowed its currency, the yuan, to drop against the dollar to a key level unseen since 2008.
However, the Commerce Department told CNBC it is still processing special licenses for companies to restart sales to Huawei.
The administration had blacklisted Huawei in May for national security concerns, halting its ability to buy U.S.-made chips. The worries were heightened recently after reports said Huawei worked with the North Korean government to build and maintain a commercial wireless network.
—Click here to read the original Bloomberg report.