James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
"I feel like I've contributed all I can to this primary election," he told MSNBC's "Morning Joe." "And it's clearly not my time. So I'm going to end my presidential campaign."2020 Electionsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
The complaint made by an unnamed intelligence official about the president centers on Ukraine, the Washington post reported.Politicsread more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
U.S. stock futures are modestly higher, with the S&P 500 just a little more than 20 points away from July's all-time high ahead of Friday's open on Wall Street.Marketsread more
Bank of America says Amazon's plans to build its own fleet of carbon-neutral delivery trucks bode well for its bottom line.Investingread more
Pivotal Research Group began coverage of Roku with a sell rating on FridayInvestingread more
Two sites were hit on Saturday — the Abqaiq and Khurais oil facilities — which took out 5.7 million barrels per day of crude oil production.World Politicsread more
The prospect of further rate cuts from the Federal Reserve has not put a stop to a rally in the financials this month, and one banking stock is leading the pack.Trading Nationread more
Check out the companies making headlines before the bell:
Lululemon – Lululemon reported quarterly profit of 96 cents per share, 7 cents a share above estimates. Revenue also beat forecasts. The apparel maker's comparable-store sales jumped 15%. Lululemon also raised its full-year guidance. Results were boosted by strength in online sales and in the menswear category.
GrubHub – GrubHub announced a new delivery partnership with McDonald's, which will make the restaurant chain's offerings available through the GrubHub and Seamless delivery services in New York City and in the Tri-State area.
Bank of America – Keefe Bruyette & Woods downgraded the stock to "market perform" from "outperform," reversing a recent upgrade. KBW points to the escalation of the trade war impacting economic growth, as well as prospects for further Federal Reserve rate cuts.
Zoom Video Communications – Zoom reported quarterly profit of 8 cents per share, 7 cents a share above estimates. The videoconferencing company's revenue also topped forecasts and Zoom increased its full-year forecast.
Crowdstrike – Crowdstrike reported a quarterly loss of 18 cents per share, 5 cents a share smaller than Wall Street had anticipated. The cybersecurity company's revenue also exceeded analysts' expectations and Crowdstrike raised its full-year outlook. Both Zoom and Crowdstrike came under pressure after the results, indicating investor concern about possibly elevated valuations.
Costco – The warehouse retailer reported an August comparable-store sales increase of 5.5%, topping the Refinitiv consensus estimate of a 4.9% increase.
DocuSign – DocuSign reported adjusted quarterly profit of 1 cent per share, short of the 4 cents a share consensus estimate. Revenue topped estimates, however, and the provider of electronic signature technology gave an upbeat current-quarter forecast.
Beyond Meat – The maker of plant-based burgers was rated "underperform" in new coverage at D.A. Davidson, with a price target of $130 per share. The firm said its view does not reflect a negative view of the company or its ability to execute, but rather the size of the total addressable market and the number of potential frequent purchasers.
Kellogg – Goldman Sachs upgraded the cereal maker's stock to "buy" from "neutral," predicting accelerating organic sales and improved profit margins.