| In the news today |
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| Concerns over Iraq continued to weigh on global markets. But Iraq's prime minister said today he's committed to the process of forming a new government, a move the U.S. has been pushing in hopes of stemming the violent insurgency there. (Reuters) |
U.S. stock futures were little changed in early trading, after yesterday’s sharp decline on Wall Street, which saw the Dow have its worst day in a over a month and the S&P 500retreat from record highs. (CNBC)
 Closely-followed investor Dennis Gartman thinks yesterday was the start of the long-awaited stock correction. He joins CNBC's " Squawk Box" to make his case at 7:30 a.m. ET.
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| Investors will be watching May economic data today to see if business spending is picking up, but any good news could be overshadowed by another big downward revision to first quarter GDP. (CNBC) |
| Google (GOOG) is expected to unveil today at least one small set-top box that resembles products like Roku, Amazon's Fire TV, and Apple TV. It’ll be powered by new Android TV software. (WSJ) |
| GoPro is expected to price its IPO after the closing bell this afternoon. The video-camera maker is on track to be the largest stock debut by a consumer electronics company in 23 years. (CNBC) |
| Amazon (AMZN) won't be rolling out drones for delivery anytime soon. FAA documents stated that delivering packages to people for a fee will remain illegal, at least for the time being. (CNBC) |
| The Obama administration has quietly cleared the way for the first exports of unrefined American oil, allowing energy companies to chip away at the four-decade ban on selling U.S. crude overseas. (WSJ) |
| The government is considering whether to sue banks and other mortgage servicers to recover losses from alleged insurance kickbacks that may have cost Fannie Mae and Freddie Mac hundreds of millions of dollars. (AP) |
| Veteran Senator Thad Cochran of Mississippi narrowly defeated tea party challengerChris McDaniel in a high-profile runoff that again tested the Republican establishment.(Reuters) |
An 82-year-old steel truss bridge featured in the opening credits of "The Sopranos"is now the second span for which Gov. Chris Christie's administration is facing an investigation. (AP)
Sen. Bob Corker, R-Tennessee, joins us at 7:40 a.m. ET to push for a gas tax to pay for infrastructure projects.
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