Check out the companies making headlines before the bell: Amazon.com – Amazon announced that its annual “Prime Day” would begin on July 16 and run for 36 hours, up from last year’s 30 hours. eBay – eBay said it would offer “thousands of exclusive deals” on July 17, in a press release that appears directly […]
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Investors may be obsessing over Trump trade policies, but another government body could really be driving the sell-off: the Fed. Since the Fed raised rates on June 13 for only the seventh time since the financial crisis, the Dow has fallen by more than 1,000 points, while the S&P 500 has dropped 2 percent. The […]
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Iran’s president is in Europe to save the nuclear deal … but he risks starting a 'messy dispute'
Iranian President Hassan Rouhani is in Europe to meet the leaders of Austria and Switzerland in a bid to save the international nuclear deal that has been abandoned by the U.S. However, trying to do so could cause a “very messy dispute” between the U.S. and Europe, according to one expert. “The U.S. will increase […]
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Drinking as many as eight cups of coffee a day could help you live longer, study says
Drinking coffee could boost your chances of a longer life, research shows, even for those who consume as many as eight cups a day. In a study of around half-a-million British adults, coffee drinkers were found to have a slightly lower risk of death over a 10-year follow-up period than non-coffee drinkers. The apparent longevity […]
Read moreAmazon said Tuesday that this year’s Prime Day will kick off on July 16 at 3 p.m. ET, with deals running for 36 hours through the following day. That makes this year’s event the longest one in the company’s history thus far. Prime Day is Amazon’s annual sales holiday, started in 2015, which typically features […]
Read moreWASHINGTON — Facebook said on Monday that it faced an expansion of federal investigations into its sharing of user data with the political consulting firm Cambridge Analytica, with more government agencies inquiring about the matter and examining the social network’s statements about the episode. The Justice Department and the Federal Bureau of Investigation have each […]
Read moreSamsung smartphones are sending users’ pictures to their contacts without their permission, according to complaints by a number of people posted online. The issue appears to be affecting Galaxy S9 and Galaxy Note 8 users. One user on Reddit said that the entire photo library on his phone was sent over text to his girlfriend […]
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Bank of England policymaker says UK rates may rise faster than markets are expecting
The Bank of England (BOE) might surprise markets with a faster increase in interest rates than is currently expected, a member of the central bank’s Monetary Policy Committee told CNBC Tuesday. Market players have priced in a little bit more than one rate hike over the next 12 months. But, according to the BOE’s Michael […]
Read moreThe German coalition government has been salvaged after Chancellor Angela Merkel reached a compromise with interior minister and the leader of the Christian Social Union (CSU), Horst Seehofer, ending a bitter standoff over immigration. A political crisis was avoided Monday evening when Seehofer dropped his threat to resign after hours of talks with Merkel. The […]
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European markets seen slightly higher after Germany’s Merkel strikes migration deal
European stocks are set to open slightly higher Tuesday morning, though underlying sentiment could be soured by anxiety over global trade frictions. The FTSE 100 is seen little changed at 7,557; the CAC is expected to open up around 12 points at 5,285 while the DAX is poised to start 30 points higher at 12,272, […]
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