The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
The yield on 10-year Treasury note hit a one-month high on Friday, on pace to post its biggest weekly gain since April after recent data showed hotter-than-expected inflation.
The U.S. consumer price index — a widely followed measure of inflation — rose more than expected last month, with the core CPI posting its biggest gain in one and a half years.
The Labor Department said on Friday its producer price index for final demand edged up 0.1% last month after a similar gain in May. Economists polled by Reuters had forecast the PPI unchanged in June.
"Another core inflation surprise... PPI drives in-range down trade," Ian Lyngen, head of U.S. rates strategy at BMO, said in a note. The inflation number is "marginally bearish for the Treasury market and as yields come off this morning's lows."
The yield on the benchmark 10-year note had fallen below 2% this month on expectations global central banks would respond to a slowing global economy with more monetary stimulus. The rate started coming back after a blowout June jobs report boosted the confidence on the U.S. economy.
Wall Street rallied to a record high on Thursday, after testimony by Federal Reserve Chair Jerome Powell this week that signaled easier monetary policy could be implemented later this month.
In testimony to the House Financial Services Committee on Wednesday, Powell said business investments across the U.S. have slowed "notably" recently as uncertainties over the economic outlook linger. He repeated the same line of thought during the second day of his testimony on Thursday.
Meanwhile, Trump said in a tweet on Thursday that China was not living up to promises it made on buying agriculture products from American farmers. His comments threatened to revive worries about trade, with the world's two largest economies locked in a protracted dispute.
Elsewhere, Chicago Fed President Charles Evans is due to speak Friday at 11:00 a.m. ET.
— CNBC's Silvia Amaro contributed reporting