White House economic adviser Larry Kudlow on Tuesday said it was a good sign top U.S. officials would travel to China for in-person talks about reviving stalled trade talks, and said he expected Beijing to start buying U.S. agriculture products soon.
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of allegations it mishandled user privacy and pay roughly $5 billion, two people briefed on the matter said.
Policymakers either can choose to hold interest rates steady, cut by a quarter point or cut by half a point. Raising rates isn't an option.
Stanley Druckenmiller warned that the new budget deal struck earlier this week will only add to an already-dangerous national debt problem.
U.S. stocks added to their gains on Tuesday following news of potential progress in U.S.-China trade negotiations, while the pound fell after Brexit hard-liner Boris Johnson won the leadership of Britain's Conservative Party, clearing the way for him to become prime minister.
The S&P 500 and Nasdaq approached record highs on Tuesday, lifted by upbeat quarterly reports from Coca-Cola and United Technologies and on optimism the United States would resolve its trade conflict with China.
United Parcel Service Inc , the world's largest package delivery firm, on Tuesday unveiled its drone delivery subsidiary and said it has applied for the Federal Aviation Administration certifications needed to expand the business.
Snap Inc's Snapchat on Tuesday beat analysts' estimates for user growth and revenue, getting a boost from a better version of its Android app and the launch of a new augmented reality photo lenses.
Chipotle Mexican Grill Inc's focus on online ordering and aggressive spending on advertising paid off as it brought in more customers and helped it beat same-store sales estimates.
The Trump administration is split over whether to renew a license this week for energy company Chevron Corp's operations in Venezuela, with Secretary of State Mike Pompeo supporting a renewal and others opposing it, three sources with knowledge of the matter said on Tuesday.
Visa Inc beat analysts' estimates for quarterly earnings on Tuesday, as a robust economy encouraged customers to spend more and boosted fees for the world's largest payment processor.
Shares of iRobot plummeted after the company's top executive said tariffs from the conflict will weigh on the company's numbers throughout 2019.
The cryptocurrency entrepreneur Justin Sun postponed his $4.57 million charity lunch with Warren Buffett after falling ill with kidney stones, according to a statement from a foundation he backs.
Starbucks Corp said on Tuesday it would expand its partnership with UberEats to deliver food and coffee throughout the United States in early 2020.
Texas Instruments Inc reported an 8.7% drop in quarterly revenue on Tuesday, as it grappled with slowing demand for microchips that started late last year.