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Volvo Announces Massive Recall For Engine Trouble

Volvo Cars issued a recall for 507,000 vehicles worldwide, citing a risk of fire due to a faulty engine component. The Swedish automaker reportedly said it has received reports of a small number of cars catching fire, but no one has been injured. The...

Philips Posts Strong Q2 Results, Backs Positive FY Outlook; Stock Up

Atlanta Airport Bans Notorious Smoking Rooms

German Finance Ministry Warns Of Prolonged Industrial Weakness

Germany's finance ministry warned on Monday that the weakness in the industrial sector and exports is set to last longer, mainly due to global risks such as the trade tensions. "Leading indicators and falling orders indicate a persistently weakened...

Brexit Likely Pushed UK Economy Into Recession, NIESR Says

Hong Kong Inflation Data Due On Monday

House Passes $15 Minimum Wage Bill

In a landmark measure, the House of Representatives passed a bill raising the federal minimum hourly wage for U.S. workers to $15. The bill, co-sponsored by more than 190 Democrats, passed by a 231-199 vote in the Democratic-controlled House. However,...

Trump To Nominate Eugene Scalia As New Labor Secretary

U.S. Warship Might Have Destroyed Their Drone By Mistake: Iran

Earnings Optimism May Generate Initial Buying Interest On Wall Street

Following the pullback seen last week, stocks may move back to the upside in early trading on Monday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 62 points.

European Shares Rise In Cautious Trade

Asian Shares Retreat As Hopes For Big Fed Rate Cut Fade

'Avengers: Endgame' Set To Become Highest-grossing Film Of All Time

Avengers: Endgame is set to surpass Avatar and become the highest-grossing film in history at the global box office in just its 13th weekend of release. The superhero epic by Marvel Studios and Walt Disney earned $2.7892 billion as of Friday, half...

Volvo Announces Massive Recall For Engine Trouble

German Finance Ministry Warns Of Prolonged Industrial Weakness

Notable Earnings To Watch On July 23 - AN, JBLU, BIIB, CMG, KO, HOG, HAS, TXN

'Avengers: Endgame' Set To Become Highest-grossing Film Of All Time

Recordings Of Apollo 11 Lunar Landing Sold For $1.82 Mln

Earnings Optimism May Generate Initial Buying Interest On Wall Street

Brexit Likely Pushed UK Economy Into Recession, NIESR Says

Futures Suggest Wall Street To Open Positive

New York Goes Without Power For Second Weekend

Atlanta Airport Bans Notorious Smoking Rooms

Facebook Faces $5 Bln FTC Fine Over Privacy Violations

The Federal Trade Commission has approved a nearly $5 billion settlement with Facebook Inc. over the social media giant's 2018 Cambridge Analytica scandal, according to several reports. However, the settlement needs to be approved by the Justice Department and a final announcement could come next week. The fine would be the largest ever imposed by the FTC on a technology company.

Bitcoin Solicitation Fraud: $400,000 In Penalties Ordered

A Texas federal court ordered two defendants to pay nearly $400,000 in civil monetary penalties and restitution related to a lawsuit alleging fraud brought by the Commodity Futures Trading Commission (CFTC). The defendants were charged of attempting to steal Bitcoin through fraudulent solicitation, impersonation of a CFTC investigator, and forging CFTC documents.

U.S. Stocks Nearly Flat After Seeing Initial Strength

After failing to sustain an initial move to the upside, stocks have given back some ground over the course of morning trading on Monday. The major averages have pulled back off their best levels after reaching new record intraday highs.

World Population At 7.58 Billion: U.S. Census Bureau

A report released by the U.S. Census Bureau says the world population is estimated to reach 7.58 billion this month. The Census Bureau is also projecting that annual population growth rate will fall to below 1 percent in 2020-2021, for the first time since 1950. In 2025, the population growth rate is seen at 0.9. That number is expected to continue to drop, a phenomenon partially attributed to

White House

Trump Says U.S. Warship Shot Down Iranian Drone

A month after Iranian forces shot down an unmanned U.S. surveillance drone, President Donald Trump said Thursday the U.S. Navy has shot down an Iranian drone in the Strait of Hormuz. Trump told reporters the USS Boxer took defensive action after the drone closed to within 1,000 yards of the amphibious assault ship and ignored multiple calls to stand down.

US Proposes 5-fold Increase In Merit-based Immigration

Congress

House Passes $15 Minimum Wage Bill

Al Green's Move To Impeach President Fails Once Again

Economy

U.S. Consumer Sentiment Shows Slight Improvement In July

Reflecting an uptick in expectations, the University of Michigan released a report on Friday showing a slight improvement in U.S. consumer sentiment in the month of July. The preliminary report showed the consumer sentiment index inched up to 98.4 in July from the final June reading of 98.2.

UK Budget Logs Biggest June Deficit In 4 Years

European Economics Preview: UK Public Sector Finance Data Due

U.S. Leading Economic Index Unexpectedly Drops 0.3% In June

Philadelphia Manufacturing Shows Substantial Reacceleration In July

U.S. Weekly Jobless Claims Rise In Line With Estimates

Indonesia Cuts Interest Rates For First Time In Nearly 2 Years

UK Retail Sales Recover Unexpectedly In June

Health

Curaleaf To Acquire Grassroots For About $875 Mln

Cannabis company Curaleaf Holdings Inc. has agreed to acquire privately-held GR Companies, Inc. or Grassroots, for about $875 million in cash and stock. The acquisition will make Wakefield, Massachusetts-based Curaleaf the world's largest cannabis company by revenue and the largest in the U.S. by other key operating metrics. It will also expand Curaleaf's presence to 19 states.

Markets

Futures Pointing To Initial Rebound Amid Earnings Optimism

The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to move back to the upside following the pullback seen last week. Optimism about earnings news may generate early buying interest, as a slew of big-name companies are due to report their quarterly...

Business

Philips Posts Strong Q2 Results, Backs Positive FY Outlook; Stock Up

Shares of Philips Electronics NV were gaining around 4 percent in the early morning trading in Amsterdam after the Dutch consumer electronics giant reported Monday significantly higher profit in its second quarter, reflecting narrower loss from discontinued operations and higher sales. Further, the company maintained overall target of 4-6 percent comparable sales growth...

Cryptocurrency NEW

LibertyX Partners Desert ATM To Upgrade 90 Cash ATMs To Bitcoin ATMs

Bitcoin ATM operator LibertyX entered into a deal with traditional ATM operator Desert ATM to convert cash-dispensing ATM machines into those dispensing cryptocurrencies as well. LibertyX makes a software that enables regular independent ATMs to dispense Bitcoins. With this partnership, LibertyX will load its software on 90 Desert ATMs, specifically the ones manufactured by Genmega. Read More

FDA Monitor

FDA Eliminates REMS For Truvada

On July 1 of this year, the regulator eliminated the REMS for Truvada and its generics. According to FDA, now, after seven years, vast majority of health care professionals and at-risk individuals are aware of the risks and prevention methods of HIV infection, and educational materials and treatment guidelines are readily available at the U.S. Centers for Disease Control and Prevention. Read More

Biotechnology

Intec Says Phase 3 Trial Did Not Achieve Statistical Superiority To Sinemet

Intec Pharma Ltd. (NTEC) announces Monday top-line data from the Company's pivotal Phase 3 ACCORDANCE trial evaluating the safety and efficacy of the Accordion Pill-Carbidopa/Levodopa (AP-CD/LD) compared with immediate release CD/LD (IR-CD/LD; Sinemet)... Read More

Technology

A Lucky Few Grab Camera Gear For Below $100 On Amazon Prime Day

Amazon.com's Prime Day has brought a smile to the face of some photographers who may have grabbed their best deals of their lives. The e-commerce giant accidentally discounted a wide range of premium camera gear for Prime Day earlier this week, which may have proved costly for it. Thanks to a pricing error, some lucky customers were able to buy premium camera gear bundles for below $100.

Date	Indicator	Period	Country
07/22/19 9:0	CB Leading Index	JUN	India
07/22/19 9:0	CB Coincidence Index	JUN	India
07/22/19 8:30	Wholesale Sales (Y-o-Y)	MAY	Canada
07/22/19 8:30	Wholesale Sales (M-o-M)	MAY	Canada
07/22/19 8:0	M3 Money Supply (Y-o-Y)	JUN	Poland
07/22/19 8:0	M3 Money Supply (M-o-M)	JUN	Poland

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FDA Calendar

Event Date	Symbol	Drug Name	Event Name
10/19/19	CLSD	XIPERE (NDA)	FDA decision on XIPERE for Suprachoroidal Injection for macular edema associated with uveitis
10/14/19	FLXN	ZILRETTA (sNDA)	FDA decision on the repeat administration of ZILRETTA for patients with osteoarthritis knee pain
09/28/19	AMRN	Vascepa (sNDA)	FDA decision on Vascepa to reduce residual cardiovascular risk in patients with statin-managed LDL-C cholesterol
09/27/19	ITCI	Lumateperone (NDA)	FDA decision on Lumateperone for the treatment of schizophrenia
09/15/19	AVDL	AV001 (NDA)	FDA decision on AV001 for Hospital product

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Bond Markets Treasuries Finish Lackluster Session Modestly Lower Treasuries Move To The Upside In Late-Day Trading Treasury Announces Details Of 2-Year, 5-Year, And 7-Year Note Auctions Treasuries Move Back To The Upside On Disappointing Housing Data Read More	Commodities Gold Holds Steady In Cautious Trade Oil Prices Rally On Geopolitical Tensions Oil Futures Settle Modestly Higher, But Loses Over 7% In The Week Gold Settles Lower On Profit Taking, But Gains 1% For The Week Read More	Currencies Read More
Earnings Notable Earnings To Watch On July 23 - AN, JBLU, BIIB, CMG, KO, HOG, HAS, TXN PetMed Express Inc. Bottom Line Retreats In Q1 Lennox International Lowers FY19 Outlook - Quick Facts Lennox International Inc Q2 adjusted earnings Miss Estimates Read More	Stock Alerts Read More	IPOs Healthcare IPOs For The Week Ahead Manpower Group Says Greater China JV Completes IPO In Hong Kong - Quick Facts DouYu Prices IPO At $11.50/ADS, Low End Of Proposed Range Read More
Entertainment 'Avengers: Endgame' Set To Become Highest-grossing Film Of All Time Woodstock 50 Future In Doubt After Losing Another Appeal Austin Butler Lands Prized Role Of Elvis In Upcoming Biopic Read More	Mergers & Acquisitions PPG To Buy Dexmet Corp. - Quick Facts Group 1 Automotive Acquires Five Volkswagen Franchises In The UK CEVA To Acquire Hillcrest Laboratories Business From InterDigital - Quick Facts Crane Says 66.77% Of CIRCOR Shares Tendered To Offer - Quick Facts Read More	Industries Volvo Announces Massive Recall For Engine Trouble German Finance Ministry Warns Of Prolonged Industrial Weakness Notable Earnings To Watch On July 23 - AN, JBLU, BIIB, CMG, KO, HOG, HAS, TXN 'Avengers: Endgame' Set To Become Highest-grossing Film Of All Time Read More